New York Fed President John Williams shared his views on the labor market, inflation, and interest rates in a Friday interview with Wall Street Journal reporter Nick Timiraos in New York. The Journal have provided a full transcript, which is really interesting. The journal is gated, but if you can access it, link. A notable item in it is…
The Canadian Dollar caught a much-needed boost against the US Dollar on Friday. Bearish Loonie flows reversed direction after the US Dollar took a hit post-NFP. Souring US jobs data has knocked the Greenback sharply lower. The Canadian Dollar (CAD) came out on top after a messy US Nonfarm Payrolls (NFP) release shattered global positioning in the US Dollar…
2025.08.01 2025.08.01 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 01.08.2025 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The correction is completed. Expect the price to rise to a high of 126,160.57. Consider long positions. XRPUSD: A bullish impulse…
Reuters reports from sources that the US government turmoil stalls thousands of export approvals: The backlog is hurting US exporters and signals a deep dysfunction at the US Commerce Department. Shipments of AI chips from Nvidia are the most high-profile example of licenses not being approved Sources said that this week no licenses have been issued and billions of…
EUR/USD rallies from 1.1391 to 1.1554, gaining over 1% on Friday. July Nonfarm Payrolls show just 73K jobs added; May–June revisions slash 258K jobs. Fed funds futures price in 62 bps of easing by December; 76% odds of a September rate cut. EU inflation data beats forecasts: HICP at 2.4% YoY, core HICP steady at 2.0%. The EUR/USD surges…
2025.08.01 2025.08.01 The Dollar’s Third Miracle. Forecast as of 01.08.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The United States quickly recovered after the pandemic and avoided a recession following the Fed’s most aggressive rate hike cycle in four decades. Will tariffs break the economy this time? Let’s discuss it and make a trading plan for EUR/USD. The article covers the following subjects: Major…
As London/European traders look for the exits, the major indices are closing sharply lower. The tariff news and threats of global slowdown (highlighted by the US jobs report) helped to push prices lower. A snapshot of the closing levels shows: German DAX, -639.50 points or -2.66% at 23425.98. France’s CAC, -225.80 point or -2.91% at 7546.17. UK’s FTSE 100…
USD/JPY drops from 150.91 to 147.28 on soft Nonfarm Payrolls. Pair falls below 200-day and 20-day SMAs, RSI turns bearish. Next key support sits at 145.71, where 50- and 100-day SMAs converge. The USD/JPY is set to end the week with losses of 0.18% after a worse-than-expected employment report in the United States (US) opened the gates for safe-haven…
2025.08.01 2025.08.01 Short-Term Analysis for Oil, Gold, and EURUSD for 01.08.2025 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Oil is trading in a correction within…
Pres. Trump has posted a warning to Russia due to provocative statements from the former Pres. of Russia Dmitry Medvedev. He writes. Recall, Medvedev, now deputy chairman of Russia’s Security Council, criticized former U.S. President Donald Trump for issuing ultimatums aimed at Russia. In a message on X a few days ago, he wrote: “Each new ultimatum is a…
