Trump is still crying about an ad that clearly captured how Ronald Reagan felt about tariffs. This is surely just some kind of squeeze to try to get a better tariff deal. Canada was caught, red handed, putting up a fraudulent advertisement on Ronald Reagan’s Speech on Tariffs. The Reagan Foundation said that they, “created an ad campaign using…
GBP/USD trades sideways around 1.3325 on Friday at the time of writing, unchanged on the day after a volatile session triggered by multiple economic releases from the United Kingdom (UK) and the United States (US).
Dialogue between Russia and USD is continuing despite recent unfriendly steps from Washington. Such dialogue is only possible if Russia’s interests are treated with respect. Various forces, mainly UK and Europeans, trying to derail direct dialogue between Putin These things are going nowhere but the gameplan of grooming Trump (blaming UK and Europe) is back on. This article was…
EUR/GBP advances during the North American session on Friday, even though Retail Sales in the UK exceeded estimates, but a softer inflation reading increased the odds for further easing by the Bank of England. The cross trades at 0.8744, up 0.74% and hitting a four-week high at the time of writing. Sterling weakens despite upbeat sales figures; Euro lifted…
2025.10.24 2025.10.24 The Dollar Flies Back to the Future. Forecast as of 24.10.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The 1970s differ from current events mainly in oil dynamics. However, US sanctions against Russia may break the downtrend in Brent and WTI and force the Fed to pause its rate-cutting cycle. Let’s explore this and make a trading plan for EURUSD. The article…
Major European indices are closing higher on the day and for the week as well: German DAX, +0.13%. For the week 1.72% France’s CAC, unchanged. For the week +0.63% UK’s FTSE 100 +0.70%. For the week +3.11%. Spain’s Ibex, +0.44%. For the week +1.67%. Italy’s FTSE MIB +0.25%. For the week +1.74% As London/European traders head for the exits…
Silver (XAG/USD) eases on Friday, trading around $48.85 per troy ounce at the time of writing, down 0.10% for the day, as the market consolidates below the psychological $49 level. The metal is taking a breather after its recent rally, which was driven by growing expectations of further monetary easing from the US Federal Reserve (Fed). The latest US…
2025.10.24 2025.10.24 USD/CAD: Elliott Wave Analysis and Forecast for 24.10.25 – 31.10.25 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 1.4080 with a target of 1.3723 – 1.3570. A sell signal: the price holds below 1.4080. Stop Loss: above 1.4120, Take Profit: 1.3723 – 1.3570. Alternative…
The GBPUSD moved higher after the weaker-than-expected U.S. CPI report, but the rally quickly lost steam once price reached the 100-hour moving average. Buyers turned to sellers, capping the move and sending the pair back lower. The decline pushed the pair below the key swing area between 1.3323 and 1.3341, and through the early-week lows near 1.3305, to a…
United States Baker Hughes US Oil Rig Count came in at 420, above forecasts (416)
