It’s something of a Black Friday in the crypto market with extreme selling in some names after Trump announced an additional 10% tariff on Chinese exports late in the day. Bitcoin is down 6% on the day to $113,700 but much-larger moves are happening in smaller names, starting with the 11.5% drop in ethereum and escalating from there to…
US President Donald Trump hit markets with a fresh tariff threat on Friday, continuing his lashout at China over their decision to impose even stricter export licensing requirements on foreign entities trying to move critical rare earths minerals out of China. Donald Trump declared via social media post that he will be imposing a new 100% tariff on all…
2025.10.10 2025.10.10 GBP/USD: Elliott Wave Analysis and Forecast for 10.10.25 – 17.10.25 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 1.3530 with a target of 1.3137 – 1.2936. A sell signal: the price holds below 1.3530. Stop Loss: above 1.3590, Take Profit: 1.3137 – 1.2936. Alternative…
Dollar strengthened this week as Japan’s Takaichi election weakened the yen, RBNZ’s surprise rate cut lowered the Kiwi, French politics pressured the euro, and Trump’s tariff threats triggered risk-off flows.
Trump is out with an announcement on tariffs: It has just been learned that China has taken an extraordinarily aggressive position on Trade in sending an extremely hostile letter to the World, stating that they were going to, effective November 1st, 2025, impose large scale Export Controls on virtually every product they make, and some not even made by…
The Dow Jones Industrial Average (DJIA) soured sharply on Friday, plummeting to its lowest bids in nearly three weeks and declining over 1,000 points top-to-bottom after US President Donald Trump pulled out of upcoming trade talks with Chinese President Xi Jinping and vowed to sharply increase import tariffs on all Chinese goods. According to Trump, China is holding the…
2025.10.10 2025.10.10 WTI Crude Oil: Elliott Wave Analysis and Forecast for 10.10.25 – 17.10.25 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 66.00 with a target of 53.50 – 45.00. A sell signal: the price holds below 66.00. Stop Loss: above 67.20, Take Profit: 53.50 –…
In forex trading, the initial goal is simple: to live to trade for another day. Opening an account and putting real money on it is the easy part. The challenge is to stay afloat long enough for you to acquire the skills and experience needed to become consistently profitable. So how do you know when you’re on the right…
The St. Louis Fed Pres. Musalem is speaking and says: Fed’s goals are in tension Inflation running high, labor market showing signs of potential weakness Balanced approach on monetary policy only works if inflation expectations are anchored Less able to respond to short-term labor market fluctuations if inflation expectations become unanchored Right now inflation expectations a little elevated up…
The US Dollar Index (DXY) drops by 0.48% to trade around 98.90 on Friday at the time of writing, extending its recent weakness as global investors react to a new escalation in trade tensions between the United States (US) and China. US President Donald Trump said on his social media platform Truth Social that his administration is considering a…
