Australian Dollar recovers as traders await RBA minutes next week
Aussie edges up 0.33%, consolidating around 0.6200. Markets digest US PCE data for policy cues. Fed is seen holding rates...
Forex
Forex
ECB's Vujcic says the Bank's “direction is clear … further reduction of interest rates”
Boris Vujčić, Governor of the Croatian National Bank and European Central Bank Governing Council member spoke in an interview Saturday,...
EURUSD: Elliott wave analysis and forecast for 20.12.24 – 27.12.24
2024.12.20 2024.12.20 EURUSD: Elliott Wave Analysis and Forecast for 20.12.24 – 27.12.24Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/The article covers the following subjects:Major TakeawaysMain scenario:...
US Dollar edges lower after soft PCE data
DXY slips as profit-taking sets in, falling toward 107.80. Traders parse disinflationary PCE data after Fed’s hawkish cut on Wednesday....
House speaker Johnson: We have a unified agreement among Republicans
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors....
The Canadian Dollar Faces a Challenging Road. Forecast as of 20.12.2024
2024.12.20 2024.12.20 The Canadian Dollar Faces a Challenging Road. Forecast as of 20.12.2024Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/The political crisis in Canada has further...
USD/JPY retreats to 156.50 after reaching multi-month highs on softer US PCE data
USD/JPY retreats below 157.00 at the end of the week. Traders dumped the USD after soft PCE data. The Fed's...
Fed vice chair for supervision is worried that Trump will try to remove him – report
Fed's BarrFed vice chair for supervision Michael Barr is worried. He was appointed in 2022 for a term that lasts...
USDJPY: Elliott wave analysis and forecast for 20.12.24 – 27.12.24
2024.12.20 2024.12.20 USDJPY: Elliott Wave Analysis and Forecast for 20.12.24 – 27.12.24Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/The article covers the following subjects:Major TakeawaysMain scenario:...
GBP/USD rebounds towards 1.2540 following US inflation data and BoE decision
US PCE data showed softer inflation, reducing Fed's urgency for aggressive rate hikes. BoE held rates at 4.75%, with divisions...
