Info here: Wall Street Journal: Trump considers naming next Fed chair early – bid to undermine Powell Wall Street Journal reports that Trump may accelerate naming a successor to Federal Reserve Chair Powell either this summer, September or October this might allow the chair-in-waiting to influence investor expectations ahead of the end of Powell’s term FX has jumped against…
Winnebago Industries (WGO – Free Report) came out with quarterly earnings of $0.81 per share, beating the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $1.13 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +2.53%. A quarter ago, it was expected that this…
The Hong Kong Monetary Authority acts as Hong Kong’s central bank. The HKMA is buying HKD to support the local currency. Its hit the upper extreme of its trading band (ie strong USD/weak HKD) – more on this below. I’ve posted on this before, ICYMI: Since 1983, the HKD has been pegged to the U.S. dollar under a Linked…
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2025.06.25 2025.06.25 Short-Term Analysis for Oil, Gold, and EURUSD for 25.06.2025 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. Short-term forecast for oil, gold, and euro-dollar…
S&P Global’s flash PMIs showed that U.S. business activity kept growing in June but lost a bit of steam, with the composite PMI dipping to 52.8 from 53.0 in May. It’s still above that all-important 50 line, but the pace of growth is slower than what we saw in late 2024 and is now at a two-month low. Flash…
High-yield 3.879% WI level at the time of the auction 3.874% Tail +0.5 basis points vs 6 month average of -0.5 basis points Bid to cover 2.36X versus 6 month average of 2.39X Directs (domestic demand) 24.44% versus 6month average of 18.2% Indirects (international demand) 64.68% versus 6-month average of 70.5% Dealers (they take the balance and distribute) 10.88%…
“Federal financial policy, debt, doesn’t affect our month-to-month policy decisions,” Federal Reserve (Fed) Chairman Jerome Powell said while testifying about the Semi-Annual Monetary Policy Report before the Senate Banking Committee on Wednesday. Key takeaways “Ample reserves enable banks to keep lending through stress.” “Return to scarce reserves would not save money.” “Unwinding ample reserves would take years.” “Enormous benefits…
2025.06.25 2025.06.25 Too Early to Count Gold Out. Forecast as of 25.06.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The recent ceasefire in the Middle East, brokered by Donald Trump, has delivered a sharp blow to gold’s safe-haven appeal. However, support from central banks and other factors have helped contain panic among XAUUSD traders. Let’s discuss these topics and make a trading plan. The article covers…
Taking quick and multiple setups a day could increase the chance of winning more trades. It also means that you could catch pips AND have time for other pursuits like sports, hobbies, and a SOCIAL LIFE… right? Hate to burst your bubble, but forex trading doesn’t always work that way. Taking more trades doesn’t necessarily translate to more profits….
