Markets rallied on Tuesday as the U.S. government shutdown moved closer to resolution, with the Senate passing a temporary funding measure that now heads to the House for approval, spurring optimism that delayed economic data releases will soon provide clarity on the Federal Reserve’s policy path. Oil surged as the standout performer, while Bitcoin tumbled more than 2% amid…
IN the video yesterday, I spoke to the 1.4000 level (see: USD Technicals: The USDCAD has set a floor this eek at 1.4000. That is good to know). Since then, the price did move below that floor level (yesterday in the NA afternoon), and found selling pressure. However, the low price yesterday fell short of the next target at…
The Japanese Yen (JPY) is trading flat against the US Dollar (USD) and underperforming all of the G10 currencies in an environment of sentiment-driven USD weakness, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report. JPY is a relative underperformer in pro risk trade “The JPY’s relative performance is understandable in a risk-on environment, reflecting the yen’s risk…
2025.11.13 2025.11.13 Budget Woes and Labour Turmoil Weigh on Pound. Forecast as of 13.11.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Pressure on the GBPUSD pair extends beyond fears of tax hikes, spending cuts, and the Bank of England’s monetary policy easing. Internal rifts in the Labour Party are also weighing on the British pound. Let’s discuss these topics and make a trading plan….
Markets traded cautiously on Wednesday as investors awaited a House vote to end the historic U.S. government shutdown, with optimism about resumed economic data releases supporting equities and Treasuries while oil tumbled on OPEC supply revisions and Bitcoin surrendered earlier gains. Check out the forex news and economic updates you may have missed in the latest trading session! Forex…
The Indian Rupee (INR) is under pressure against the US Dollar (USD) on Thursday. The USD/INR pair rises to near 88.85 as the Indian Rupee is expected to face significant pressure due to growing expectations that the Reserve Bank of India (RBI) could loosen monetary policy conditions in the December policy meeting. RBI dovish speculation has intensified following the…
The Australian economy just printed yet another upbeat data point, with the employment change and unemployment rate beating expectations for October. Hiring jumped 42.2K during the month, surpassing estimates of a 20K gain, while the jobless rate slipped from 4.5% to 4.3% on a seasonally adjusted basis. Key Takeaways Unemployment rate fell from 4.5% to 4.3% in seasonally adjusted…
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…
Silver price (XAG/USD) continues its winning streak for the fifth successive session, nearing the all-time high of $54.86, which was recorded on October 16, and is currently trading around $54.00 per troy ounce during the early European hours on Thursday. The upside of the safe-haven Silver could be limited as market sentiment improves amid the end of the United…
2025.11.13 2025.11.13 US Dollar Slips As Historic Shutdown Over. Forecast as of 13.11.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Investors need a steady supply of data to make informed decisions, and a lack of statistics makes them anxious. In this regard, the end of the shutdown will trigger a strong market reaction to key macroeconomic reports. Let’s discuss this topic and make a…
