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…
Bill Pulte, the Trump-selected Director of the Federal Housing Finance Agency and former chairman of Fannie May and Freddie Mac, nodded to entirely-uncomfirmed reports that Federal Reserve (Fed) Chair Jerome Powell may be considering resigning from his post as the head of the Fed. Fed head rumored to be out, but no solid sources exist Bill Pulte stated, “I’m…
Trump hits the European Union (EU) and Mexico with a 30% tariff, starting on August 1, and more if they retaliate. Trump announced a new round of tariffs on his Truth social media app 30% blanket levy on all imports from both the European Union (EU) and Mexico, effective August 1 follows the breakdown of months-long trade negotiations, Trump…
USD/CHF capped by 20-day SMA and April trendline near 0.8000. RSI hints at building bullish momentum, though still below neutral. Bearish continuation may target July lows at 0.7919 and 0.7872. The USD/CHF consolidates during the North American session, is flat below the 0.8000 figure, poised to finish the week with 0.36% gains. A risk-off mood bolstered the Greenback, which…
2025.07.11 2025.07.11 US Dollar Acts As Risky Currency. Forecast as of 11.07.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The USD index no longer rallies due to the surge in volatility. Meanwhile, the US dollar is trading as a risky currency. Its direct correlation with the S&P 500 reopens the discussion about American exceptionalism. Let’s discuss this topic and make a trading plan for…
Crude oil futures settled at $68.45, up $1.88 or 2.82% on the day. For the week, prices gained $2.13, marking a 3.2% increase. These gains come despite an unexpected rise in OPEC+ production of 548K barrels heading into the week. However, some support emerged midweek when OPEC+ floated the idea of pausing upcoming output hikes, signaling a more cautious…
losing The Dow Jones fell back into the weekly red zone on Friday. President Trump has stepped up fresh tariff threats, targeting Canadian goods with new import fees. Investor sentiment remains hobbled in a constantly changing trade policy environment. The Dow Jones Industrial Average (DJIA) snapped a two-day recovery on Friday, testing below the 44,400 level once again as…
2025.07.11 2025.07.11 USD/СAD: Elliott Wave Analysis and Forecast for 11.07.25 – 18.07.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above the level of 1.3554 with a target of 1.4018 – 1.4168. A buy signal: the price holds above 1.3554. Stop Loss: below 1.3500, Take Profit: 1.4018 – 1.4168. Alternative…
This is strange statement as it indicates there are ‘reports’ that Powell is considering resigning. But there are no reports that I can find. Bizarrely, Pulte has been tweeting forever that Powell should resign and also foreshadowed this statement, even though it’s presumably based on ‘reports’. I’m not sure what to make of this but markets don’t appear to…
The Copper price remains firm as refining constraints pose a risk to the electronics industry. Copper trades at $5.50, still 10% above its level on Monday, as concerns about tariffs persist. Tariff-driven supply risks raise alarm across the construction sector. Copper futures are trading near $5.50 per pound on Friday, slipping from Tuesday’s high of $5.70 on the daily…
