EUR/CAD is testing a major support zone after falling sharply earlier this month! Think the pair is poised to extend a longer-term uptrend? Here’s what we’re seeing on the 4-hour time frame: EUR/CAD 4-hour Forex Chart by TradingView Political and fiscal uncertainty in France limited the demand for the euro earlier this week, dragging the common currency lower against…
Eurostoxx +0.2% Germany DAX +0.2% France CAC 40 +0.2% UK FTSE -0.3% Spain IBEX -0.2% Italy FTSE MIB -0.2% It’s a mixed bag though the changes are relatively light as we get things going in European morning trade. US futures are also looking rather tentative and muted with S&P 500 futures now flat on the day. Once again, we’re…
The Australian Dollar (AUD) advances against the US Dollar (USD) on Thursday, extending its gains for the second successive session. The AUD/USD pair gains ground following the release of Australia’s Consumer Inflation Expectations for October, which edged up to 4.8% from 4.7% prior. marking the highest reading since June. The mounting concerns that Australia’s inflation may exceed forecasts in…
2025.10.08 2025.10.08 Bitcoin (BTC) Price Prediction for Today, Tomorrow, Next Week, and the Next 30 Days Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ The volatility of the cryptocurrency market makes it difficult to predict Bitcoin’s future with confidence. However, a thorough analysis of historical data, market trends, and the news background allows for more accurate forecasts. In this article, we examine Bitcoin’s short-term prospects…
After printing back-to-back major misses in jobs data, will Canada finally see a rebound in hiring this time? Or will the downward momentum in employment carry on? Here’s what you need to know when trading this top-tier report. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free…
Hedge funds are stepping up bullish bets on the U.S. dollar, positioning for its rebound to extend through year-end, according to traders cited by Bloomberg. Activity in options for December has surged, signalling expectations of further euro, yen, sterling, and New Zealand dollar weakness. The Australian dollar remains an outlier, supported by the RBA’s hawkish tone after its September…
China’s Commerce Ministry said on Thursday that the country will tighten rules on rare earth exports. Foreign businesses and individuals must obtain a dual-use items export license for rare earth exports. The official further stated that domestic exporters who ship certain dual-use items must indicate the ultimate destination country or area as needed. These measures will take effect from…
2025.10.08 2025.10.08 Gold (XAU/USD) Price Forecast for Today, Tomorrow, Next Week, and the Next 30 Days Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Gold (XAU/USD) is generally regarded as a safe-haven asset. The price of gold is influenced by geopolitical events, inflation rates, and shifts in interest rates. In the face of global economic uncertainty, the precious metal remains the primary defensive asset in…
Markets maintained their resilient tone on Wednesday despite the ongoing U.S. government shutdown entering its eighth day, with equities and alternative assets posting gains as traders digested Federal Reserve meeting minutes that revealed a divided committee but confirmed the path toward further easing. The session was marked by contrasting signals: gold extended its historic rally past $4,000 per ounce,…
Trump says Israel and Hamas have both signed off on the first Phase of our Peace Plan: No detail offered up as yet. — If this does become a reduction in Middle East tensions it should mean some of the bid in gold dissipating, easier oil prices still, lower yen and CHF, at the margin. A benefit for ‘risk’…
