The UK job market just took a nose dive, and traders everywhere are wondering what’s next for the Pound. Will the Bank of England rescue the economy in December with a rate cut? With unemployment spiking, wage growth slowing, and a big budget decision looming, GBP looks stuck in “wait and see” mode. Dive in as we break…
Fed’s Miran is speaking and said: Fed policy is to restrictive Yesterday Miran spoke on CNBC and said that inflation data is becoming stale and continues to move lower, with evidence since September suggesting the Fed should be more dovish than its earlier stance. He argued that policy should be forward-looking rather than reactive, noting that some colleagues remain…
The Euro (EUR) edges higher against the US Dollar (USD) on Wednesday, reversing earlier losses as the Greenback’s rebound loses steam ahead of a critical congressional vote to end the record-long US government shutdown. At the time of writing, EUR/USD is trading around 1.1589, extending its winning streak for the sixth consecutive day after bouncing off an intraday low…
2025.11.12 2025.11.12 US Dollar Strengthens Amid Stocks Rally. Forecast as of 12.11.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Due to the current high debt rates, the US dollar has been labeled a risky currency. Carry traders have adopted it as a key instrument in their transactions. As a result, when the S&P 500 index rises, the EUR/USD pair falls. Let’s discuss this topic…
One of the most popular discussions about trading is how much a trader should risk per trade. A lot of them go by the standard 1% to 2% while the more aggressive ones sometimes recommend risking as much as 5%. What you should understand is that taking risks is not a one-dimensional pursuit. Sure, there are basic rules you…
Prior was -1.2% Total value of building permits at $11.7 billion Residential +4.8% Non-residential +4.0% Q3 permits down -5.4% There has been a slow, steady decline in inflation-adjusted building permits since 2020. In the latest budget, the Federal Government splurged on spending for capital projects but that’s going to take awhile to get into the pipeline given approval lags….
Gold (XAU/USD) trades little changed on Wednesday, consolidating gains near a three-week high as investors adopt a wait-and-see approach ahead of a crucial US congressional vote to end the record-long government shutdown. At the time of writing, XAU/USD is trading around $4,130, with market participants staying on the sidelines amid subdued risk appetite. The US House of Representatives is…
2025.11.12 2025.11.12 Franc Edges Higher On US-Switzerland Deal Hopes. Forecast as of 12.11.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ In August, Switzerland faced one of the highest US tariffs in the world. The 39% rate caused severe strain on the Swiss economy. However, talks about reducing import duties to 15% helped the franc. Let’s discuss this topic and make a trading plan for…
Will October’s labor market figures add fuel to RBA rate cut speculation? Analysts believe this month’s numbers would point to gradual cooling rather than sharp deterioration. Here are the points you need to know if you’re planning on trading Australia’s jobs release: This Article Is For Premium Members Only Become a Premium member for full website access,…
The drop earlier at the tail end of Asia trading saw price briefly nudge under $4,100. However, that downside shove was a brief one with dip buyers coming in again around the figure level as they did yesterday. That’s starting to see a bit of a line in the sand for gold in trading this week. In the bigger…
