EUR/GBP trades steadily around 0.8700 on Friday at the time of writing, supported by improved political sentiment in France after Prime Minister Sébastien Lecornu survived two no-confidence motions in parliament. The vote outcome eased tensions following weeks of political turmoil, providing temporary support to the Euro (EUR) against the British Pound (GBP). In the United Kingdom (UK), recent data…
2025.10.17 2025.10.17 US Dollar Dented By Mounting Trade Tensions. Forecast as of 17.10.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ As soon as the US administration attempted to de-escalate the trade conflict with China, TACO trading returned to the markets. However, Trump still refrains from canceling the 100% tariffs before the negotiations with Beijing. Let’s discuss this topic and make a trading plan for…
US Treasury Secretary Scott Bessent will meet Chinese Vice Premier He Lifent in Malaysia next week to try to make progrses on trade. “We will meet in-person next week to continue our discussions,” Bessent wrote, after saying they had spoken on the phone Friday and engaged in detailed discussions. Trump will also travel next week to Hungary to meet…
United States Baker Hughes US Oil Rig Count came in at 418, above forecasts (417)
2025.10.17 2025.10.17 Short-Term Analysis for Oil, Gold, and EURUSD for 17.10.2025 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Yesterday, oil reached the Gold Zone 57.60–57.29….
A report earlier today indicated that Treasury Secretary Scott Bessent will speak by phone today with Chinese Vice Premier He Lifeng to discuss the ongoing trade negotiations. It’s not clear what time that was scheduled for as it would have had to been early this morning Washington time or late this evening, in order for the time zones to…
Bank of England (BoE) MPC member Megan Greene spoke about inflation dynamics, the global rate path, and risks in currency markets at the annual meetings of the International Monetary Fund and World Bank Group, hosted by the Atlantic Council in Washington, DC. She claimed that slack has opened up in the labor market, making the wage part of the…
2025.10.17 2025.10.17 USDJPY Price Forecast & Predictions for 2025, 2026, 2027–2030 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Traditionally considered a safe-haven currency, the yen has faced significant challenges in recent years. As a result, the USDJPY pair, representing the balance of power between the US and Japanese economies, has turned into a battleground for bulls and bears. Given these developments, what…
Things coming along pretty well Zelensky also said that he’s confident with US help he can stop the war and that it’s most important for Ukrainians to have security guarantees. Some times these things can happen quickly. The battlefield has stagnated and the costs are high. Maybe this really is the end? If so, I’d imagine the euro and…
The Japanese Yen (JPY) weakens against the US Dollar (USD) on Friday, with USD/JPY rebounding after slipping to two-week lows earlier in the Asian session. The recovery comes as the Greenback regains footing after President Donald Trump softened his rhetoric on China, helping stabilize risk sentiment and lift the Dollar across the board. At the time of writing, USD/JPY…
