Gold (XAU/USD) gains ground above $3,850 on Friday, trading around $3,875 during the American session, up nearly 0.50% on the day. The metal has recovered from an intraday low near $3,838, finding fresh bids as the US Dollar (USD) eases following Thursday’s modest rebound. The broader outlook for Gold remains tilted to the upside, while pullbacks are likely to…
2025.10.01 2025.10.01 US Shutdown Boosts Yen’s Safe-Haven Appeal. Forecast as of 01.10.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ If monetary policy divergence does not work well for the Japanese currency, the yen’s strength may be bolstered by escalating political risks in the US. The growing demand for safe-haven assets has supported USDJPY bears. Let’s discuss this topic and develop a trading plan. The…
After the government shutdown sent the dollar spiraling, markets are gearing up for a data-heavy stretch that could reshape the FX space.
China has been using a covert financial system to pay Iran for oil, circumventing U.S. sanctions and strengthening economic ties between the two countries, according to Western officials. The mechanism, described as a barter-style conduit, allows Iran to ship crude oil to China—its largest buyer—while Chinese state-owned firms carry out infrastructure projects in Iran as payment. Officials say the…
The Pound Sterling (GBP) advances some 0.26% against the US Dollar (USD) on Friday as the US government began its third day of shutdown and skipped the release of Nonfarm Payroll figures for September. Purchasing Managers Index (PMI), data from S&P Global and ISM in the US, are the main drivers of price action. GBP/USD trades at 1.3471 at…
2025.10.01 2025.10.01 What Is Simple Moving Average (SMA) and How to Use It in Stock Trading Alan Tsagaraevhttps://www.litefinance.org/blog/authors/alan-tsagaraev/ Although the stock price constantly changes and trading always involves uncertainty, technical analysis indicators help traders make better-informed decisions. One of the most popular tools is the SMA (Simple Moving Average). Its signals are easy to read, and it is available…
Sanae Takaichi’s expected victory as Japan’s next prime minister is seen delaying, but not halting, the Bank of Japan’s path toward higher interest rates. Analysts say her reflationary stance and support for large-scale fiscal stimulus make an October rate hike unlikely, though the central bank may resume tightening early next year if the yen weakens sharply. Reuters post up…
The Euro (EUR) trades with a modest bid against the US Dollar (USD) on Friday, with EUR/USD stuck within this week’s range of 1.1750-1.1700. At the time of writing, the pair is trading around 1.1745, up about 0.22% on the day, as traders weigh the latest Eurozone and US PMI reports for clues on growth momentum and monetary policy…
2025.10.02 2025.10.02 US Dollar Sags Following Weak ADP Data. Forecast as of 02.10.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ In the absence of BLS statistics on the US labor market, investors have overreacted to the ADP employment data. However, the weak data pushed the EURUSD pair higher only in the short term. Let’s discuss this topic and make a trading plan. The article…
Crude oil futures are settling up $0.40 or 0.66% and $60.88. The gains come in ahead of expectations OPEC will increase production. OPEC+ is widely expected to increase production, but the size of the hike is still being debated. Reports suggest the group may raise output in November by anywhere from ~140,000 barrels per day (Goldman Sachs estimate) to…
