United States Baker Hughes US Oil Rig Count came in at 418, below expectations (421)
United States Baker Hughes US Oil Rig Count came in at 418, below expectations (421)
United States Baker Hughes US Oil Rig Count came in at 418, below expectations (421)
2025.10.08 2025.10.08 US Dollar Surges as Shutdown Drags On. Forecast as of 08.10.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Political factors weigh on the yen and the euro, trade wars exert pressure on the Canadian dollar, central bank policies put pressure on the New Zealand dollar, and fiscal uncertainty hampers the pound. The US dollar is taking advantage of the vulnerabilities of each…
Crypto under pressure: who stayed strong, who cracked, and what you can do next Scope: Bitcoin, Ethereum, BNB, XRP, Solana, Dogecoin Window: Oct 10 to Oct 12, local time +02:00 All six of the biggest coins by market cap faced the same hard moment at 23:00 on Oct 10. Prices dropped across the whole market at once. Think of…
The Euro (EUR) extends its pullback against the Japanese Yen (JPY) on Friday, with EUR/JPY losing 0.35% to 176.40 at the time of writing, after reaching an all-time high of 177.94 in the previous session. The European currency remains under pressure amid political instability in France, where the resignation of Prime Minister Sébastien Lecornu has reignited concerns about the…
2025.10.08 2025.10.08 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 08.10.2025 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 buy entries with a target at a high of…
Oil rigs: -4 at 418 Gas rigs +2 at 120 Total Rigs -2 at 547. The price of crude oil is trading sharply lower by $2.48 and $59.05 as the market reacts to the prospects of higher tariffs slowing growth and demand. Hopes for continued peace in the Middle East is also an influence as is the production increases….
Federal Reserve (Fed) Bank of St. Louis President Alberto Musalem spoke about the United States (US) economy and monetary policy at a fireside chat before the Springfield Area Chamber of Commerce and Public policy speakers, stating that inflation is running high. He added that the labor market is showing signs of potential weakness and that a balanced approach to…
2025.10.10 2025.10.10 US Dollar Posts Gains Leaving EUR/USD Bulls Frustrated. Forecast as of 10.10.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ As the EURUSD pair declines, the frustration among market participants, largely influenced by major banks, intensifies. The major currency pair was expected to reach 1.2 or above. However, they were wrong in their assessments. Let’s discuss this topic and make a trading plan….
The GBPUSD moved lower earlier today, breaking to a new low not seen since August 5. The decline tested that prior low at 1.32594, where buyers stepped in to stall the fall. A sharp reversal followed after news that President Trump was preparing massive tariff increases on Chinese imports, triggering a strong rebound in the pound. The rally carried…
GBP/USD tumbles to two-month low amid UK fiscal worries and US Dollar strength GBP/USD retreats toward 1.3280 during Friday’s US session, marking a fresh two-month low. The US Dollar (USD) remains firm, supported by increased safe-haven demand amid political uncertainty in Japan and France. The US Dollar Index (DXY) holds near Thursday’s two-month high of 99.56, limiting any rebound…