Fed’s Miran is added to earlier comments: Hopes we’ll have the needed data by October FOMC meeting. Policy has become much more restrictive this year Believes is neutral rate view is consistent with others on Fed. Economy is strong on policies boosting supply-side economy. Fed has plenty of space to cut rates, 0 lower bound is a long ways…
Eurozone Producer Price Index (YoY) came in at -0.6% below forecasts (-0.4%) in August
2025.10.03 2025.10.03 What Is the Rectangle Chart Pattern and How to Use It in Trading Alan Tsagaraevhttps://www.litefinance.org/blog/authors/alan-tsagaraev/ Among chart formations in technical analysis, the rectangle pattern is as widely known as the head and shoulders pattern. This pattern, which belongs to rectangular formations, represents a period of price consolidation confined between two horizontal trendlines of support and resistance. It reflects…
Tech stocks powered to fresh records on Thursday as investors brushed aside the second day of the U.S. government shutdown, with markets more focused on geopolitical tensions after Russia warned of retaliation over potential U.S. missile deployments to Ukraine. The dollar whipsawed on conflicting shutdown headlines while gold maintained its relentless ascent toward $3,900. Check out the headlines and…
OPEC meets this weekend and the size of an output increase is yet unclear but Saudi Arabia wants a larger share of the market, according to a Bloomberg report. Russia is pushing for a more-modest increase. Moscow would prefer 137K bpd like in September while Saudi figures floated include 274K, 411K and 548K bpd. The numbers on the higher…
Bitcoin is trading near $120,000 on Friday after reaching a seven-week high of $120,960 the previous day. Altcoins, including Ethereum and Ripple, are holding near their respective weekly highs, reflecting steady demand from both institutions and retail investors.
2025.10.03 2025.10.03 XAU/USD: Elliott Wave Analysis and Forecast for 03.10.25 – 10.10.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Once the correction ends, consider long positions above the level of 3,668.00 with a target of 4,100.00 – 4,300.00. A buy signal: the price holds above 3,668.00. Stop Loss: below 3,668.00, Take Profit: 4,100.00 –…
If you ask a room full of consistently profitable forex traders what their “secret sauce” is, you’ll probably hear one word again and again: consistency. Sounds simple, right? Well, not really. Achieving consistency in your execution is one of the toughest challenges in trading. Contrary to what rebels may tell you, rules aren’t made to be broken in forex….
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…
The US Dollar was rejected again at the 0.8000 psychological level against the Swiss Franc, and is trading lower on Friday, weighed by a moderate risk appetite. The pair, however, remains trading range-bound within the weekly range, with 0.7930 holding downside attempts for now. The US Dollar edged up on Thursday, as Fed Dallas President Lorie Logan warned about…
