Markets navigated a complex session on Thursday as major central banks held rates steady while President Trump and Chinese President Xi Jinping reached a trade truce that fell short of transformative breakthroughs. The US dollar and gold strengthened broadly, while equity markets pulled back on concerns about AI spending returns and tempered Federal Reserve rate cut expectations. Check out…
95-year-old Warren Buffett already announced that he will be stepping down from Berkshire Hathaway at year end. In February, successor Greg Abel will pen a annual shareholder letter but the WSJ reports today that Buffett will publish two letters on November 10 — one to Berkshire Hathaway shareholders and one to his three children, presumably about his wealth. Buffett…
EUR/GBP trades slightly lower on Friday, around 0.8780 at the time of writing, down 0.13% on the day, reverting early daily gains, but maintaining a solid weekly uptrend of about 0.60%. The Euro continues to find support against the British Pound (GBP), which remains under pressure due to mounting concerns over the United Kingdom’s (UK) public finances, while upbeat…
2025.10.31 2025.10.31 What Is Micro Investing and How Small Investors Build Wealth Alan Tsagaraevhttps://www.litefinance.org/blog/authors/alan-tsagaraev/ You no longer need deep pockets to start making money in the world of financial markets. Micro-investing is a great opportunity for everyone, even those with limited funds. With this strategy, you can invest just a small amount of money, literally a couple of dollars,…
Thanks to the advancement of technology, you no longer need to be a full-time forex broker or floor trader to have access to the markets. You can simply hop online and trade even from the comforts of your toilet seat. This, in turn, has led to an increase in part-time traders. This group of people includes students, young professionals,…
The USDCAD is trading at new highs as the week draws to a close — a sharp turnaround from the early-week tone, when sellers were in control through Tuesday and Wednesday. That changed after the Fed’s rate cut, as Chair Powell emphasized that the Fed is not on a pre-set path to ease again in December. The comments triggered…
In a statement published on Friday, Federal Reserve (Fed) Bank of Kansas City President Jeffrey Schmid explained he voted in favor of keeping the policy rate unchanged because “the labor market is largely in balance, the economy shows continued momentum, and inflation remains too high.” Key quotes “Labor market largely in balance, any stress likely due to structural change…
2025.10.31 2025.10.31 GBP/USD: Elliott Wave Analysis and Forecast for 31.10.25 – 07.11.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.3367 with a target of 1.2936 – 1.2740. A sell signal: the price holds below 1.3367. Stop Loss: above 1.3435, Take Profit: 1.2936 – 1.2740. Alternative…
The European Central Bank kept its key interest rates on hold during its October meeting, maintaining the deposit facility rate at 2.00% as inflation remains close to the central bank’s 2% medium-term target. Although policymakers noted that the eurozone economy continues to demonstrate resilience, they also warned that global trade tensions and geopolitical risks are clouding their outlook. Key…
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…
