The U.S. dollar weakened after markets sharply increased the odds of Kevin Hassett being nominated as the next Federal Reserve chair, according to Mizuho Securities. Said traders are not questioning the Fed’s independence based on policy signals alone, with senior officials including John Williams, Chris Waller and Mary Daly all openly supporting another cut next month. However, analysts noted…
Gold (XAU/USD) catches fresh bids following the previous day’s two-way price move and advances to a fresh one-and-a-half-week high, above the $4,160 level during the Asian session on Wednesday. The US macro data released on Tuesday pointed to signs of cooling inflation and gave the Federal Reserve (Fed) more headroom to ease rates further. Moreover, several Fed officials backed…
2025.11.25 2025.11.26 Weekly Economic Calendar for 01.12.2025–07.12.2025 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Starting with Thanksgiving Day on November 27, the US will enter the so-called pre-Christmas season. Investment funds, firms, and businesses are gradually beginning to evaluate their yearly performance. As 2026 approaches, trading volume across the financial markets will gradually decline. Meanwhile, investors continue to analyze important macroeconomic data arriving from…
U.S. markets embraced a familiar “bad news is good news” narrative on Tuesday, with equities surging and the dollar slumping as a trio of disappointing economic reports reinforced expectations that the Federal Reserve will cut interest rates in December. Check out the forex news and economic updates you may have missed in the latest trading session! Forex News Headlines…
Trump on Ukraine: We are making progress Ukraine is happy Europe will be largely involved in security guarantees Initial 28 point plan was just a map Witkoff will be meeting with Putin in Moscow next week Russians are making concessions No deadline for reaching deal — The prospect of a peace deal has been cited as a reason for…
GBP/JPY consolidates during Tuesday’s session as the Japanese Yen (JPY) appreciates on threats of possible intervention of the BoJ in the FX markets, and also as Pound Sterling traders wait for the release of UK’s fiscal budget. At the time of writing, the cross trades at 205.44, losing 0.08%. GBP/JPY Price Forecast: Technical outlook The GBP/JPY trades sideways but…
The RBNZ heads into Wednesday trying to strike a careful balance, with markets fully pricing in a 25 bp cut that would take the OCR to 2.25%. The challenge is that recent data has been mixed, making it harder for the Bank to signal how confident it is in the path of easing from here. Here’s what…
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…
Australia will release the first complete Monthly Consumer Price Index (CPI) on Wednesday, using the October 2025 reference month, and it is expected to show inflation rose 3.6% year over year, slightly above the previous reading of 3.5%. The Australian Bureau of Statistics (ABS) announced the transition from quarterly to monthly data back in July, noting that “a complete,…
2025.11.25 2025.11.25 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 25.11.2025 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The price is expected to rise to 98,035.00 in the linking wave (XX) in the near term. Consider long…
