What a week to be alive in FX land! July’s final act delivered more plot twists than a Netflix thriller. The big driver was likely Trump’s tariff blitz, hitting everyone from Switzerland (ouch, 39%!) to India. We also watched the Fed play hard-to-get with rate cuts despite two governors practically begging for easing, and ended with a jobs…
The July nonfarm payrolls report showed just 73K jobs added, sharply missing the 110K estimate, with major downward revisions to prior months:. May was revised down from 144,000 to 19,000—> -125,000 June was revised down from 147,000 to 14,000 —> -133,000 The unemployment rate ticked up to 4.2% from 4.1% last month. The sharp revisions led to the dismissal…
Gold is holding steady near $3,300 as markets stay cautious ahead of the US Nonfarm Payrolls (NFP) report. The US Dollar stays resilient following the Fed’s hawkish hold and firm macroeconomic data. US President Donald Trump’s sweeping tariff executive order renews trade tensions, limiting Gold’s downside. Gold (XAU/USD) is treading water on Friday, hovering near $3,300 during the European…
2025.08.01 2025.08.01 What is a Hammer Candlestick Pattern? Alan Tsagaraevhttps://www.litefinance.org/blog/authors/alan-tsagaraev/ Want to learn how to identify market reversal points? The hammer candle is a classic candlestick pattern that signals a trend reversal from bearish to bullish. In this article, you’ll learn how to spot the hammer and the inverted hammer on charts, trade using these patterns, and avoid false…
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…
Canada S&P Global Manufacturing PMI: 46.1 (July) vs 45.6
2025.08.01 2025.08.01 XAU/USD: Elliott Wave Analysis and Forecast for 01.08.25 – 08.08.25 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 3442.25 with a target of 3120.00 – 2950.00. A sell signal: the price holds below 3442.25. Stop Loss: above 3475.00, Take Profit: 3120.00 – 2950.00. Alternative…
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…
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does…
2025.08.01 2025.08.01 Stock Splits Explained: What You Need to Know About Stock Splitting Gleb Kabanovhttps://www.litefinance.org/blog/authors/gleb-kabanov/ A stock split is a process in which a company increases the number of its outstanding shares, reducing the price of each share without changing a company’s market value. Large publicly traded companies commonly use this corporate action to boost liquidity and attract new…
