If we know Trump – and we all do – then him saying that the meeting was “amazing” and that it was a “12 out of 10” is rather unsurprising. We’ve been used to him boasting about his “successes” and “victories”, often times overselling the positive narrative. That especially when it comes to China, as has been the case…
GBP/USD retakes 1.3200 amid softer USD; upside potential seems limited The GBP/USD pair builds on the previous day’s late rebound from the 1.3140 horizontal support, or the lowest level since May, and gains some positive traction during the Asian session on Thursday. Spot prices climb back above the 1.3200 mark in the last hour amid a modest US Dollar…
2025.10.29 2025.10.29 Dollar Slips Ahead of Fed Decision. Forecast as of 29.10.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Will the Fed adopt a cautious approach in October amid mixed inflation and employment trends, or will it pursue a more aggressive strategy? Jerome Powell’s hawkish rhetoric may temper bullish sentiment in the EUR/USD pair. Let’s discuss this topic and make a trading plan. The…
The Bank of Canada delivered its second consecutive 25 basis point rate cut on Wednesday, bringing the overnight rate to 2.25%, but surprised markets by signaling the easing cycle may be over. The decision came as policymakers slashed growth forecasts dramatically, citing ongoing trade disruption that has fundamentally reshaped Canada’s economic landscape. While the rate reduction was widely anticipated,…
The long awaited meeting has begun. Earlier: Senate Democrats warn Trump: Don’t trade away national security secrets for China deal Trump trading away top AI and associated technology for soybean sales is a key risk As posted earleri: The meeting is expected to go for around three to four hours. prior negotiations took place between underlings in Malaysia Treasury…
The Bank of Japan (BoJ) meets on Thursday and is expected to keep its benchmark interest rate unchanged at 0.5%, awaiting the first moves of Prime Minister Sanae Takaichi’s new cabinet. Market hopes that the BoJ will continue normalising its monetary policy remain intact, and some central bank policymakers have confirmed that theory. Expectations of an interest rate hike…
2025.10.29 2025.10.29 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 29.10.2025 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. XRPUSD:…
Central banks dominated Wednesday’s trading as the Federal Reserve delivered an expected rate cut while simultaneously clouding the outlook for December, triggering sharp reversals across asset classes and sending a clear message that policy is “not on a preset course.” Check out the forex news and economic updates you may have missed in the latest trading session! Headlines &…
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 (USD) sharply reversed its recent weakness as market participants assessed the widely anticipated rate reduction by the Federal Reserve (Fed), while hopes of a US-China trade deal continued to do the rounds in the background. Here’s what to watch on Thursday, October 30: The US Dollar Index (DXY) rose to two-week highs, well north of the…
