The USDCAD is trading at new highs as the week draws to a close — a sharp turnaround from the early-week tone, when sellers were in control through Tuesday and Wednesday. That changed after the Fed’s rate cut, as Chair Powell emphasized that the Fed is not on a pre-set path to ease again in December. The comments triggered…
In a statement published on Friday, Federal Reserve (Fed) Bank of Kansas City President Jeffrey Schmid explained he voted in favor of keeping the policy rate unchanged because “the labor market is largely in balance, the economy shows continued momentum, and inflation remains too high.” Key quotes “Labor market largely in balance, any stress likely due to structural change…
2025.10.31 2025.10.31 GBP/USD: Elliott Wave Analysis and Forecast for 31.10.25 – 07.11.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.3367 with a target of 1.2936 – 1.2740. A sell signal: the price holds below 1.3367. Stop Loss: above 1.3435, Take Profit: 1.2936 – 1.2740. Alternative…
The European Central Bank kept its key interest rates on hold during its October meeting, maintaining the deposit facility rate at 2.00% as inflation remains close to the central bank’s 2% medium-term target. Although policymakers noted that the eurozone economy continues to demonstrate resilience, they also warned that global trade tensions and geopolitical risks are clouding their outlook. Key…
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…
EUR/USD shows marginal losses on Friday’s early European session, trading at 1.1560 at the time of writing after being rejected at the 1.1580 area. The pair remains dangerously close to the 1.1540 support area, on track for a 0.5% weekly decline, amid a frail market sentiment and with all eyes on the Eurozone Harmonized Index of Consumer Prices (HICP)…
2025.10.31 2025.10.31 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 31.10.2025 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 final part of a bullish impulse appears to be developing. Consider buying with a target at a high of 126,000.00….
Is that a potential inverted head and shoulders pattern forming on the 4-hour chart of WTI crude oil? The energy commodity could be gearing up for a longer-term uptrend as soon as its clears the nearby upside barrier. Take a look at this neckline forming at an area of interest! WTI Crude Oil (USOIL) 4-hour Chart by TradingView After…
Our world is undergoing one of the most profound changes since the fall of the Berlin wall The world of rules based liberalised trade and investment is gone This article was written by Giuseppe Dellamotta at investinglive.com.
The Japanese Yen (JPY) strengthens during the Asian session after data released this Friday showed that inflation in Tokyo rose at a faster pace and backed the case for an imminent rate hike by the Bank of Japan (BoJ). This, along with reviving safe-haven demand, assists the JPY in recovering a part of the previous day’s heavy losses. Adding…
