RBC card spending data shows softer Canadian spending ahead of today’s retail sales report
One of the big FX moves in the fourth quarter was in USD/CAD as Canadian and American fortunes diverged. The...
Forex
Forex
GBPUSD: Elliott wave analysis and forecast for 20.12.24 – 27.12.24
2024.12.20 2024.12.20 GBPUSD: 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:...
Gold holds above $2,600 amid risk-off mood, retreating US bond yields and softer USD
Gold price attracts some haven flows on Friday amid the looming US government shutdown. The Fed’s hawkish tilt remains supportive...
FX option expiries for 20 December 10am New York cut
There are plenty of significant and massive expiries in play today, as highlighted in bold.The very much larger ones are...
Gamma Squeeze: What Is and How Does It Work? (Explained)
2024.12.19 2024.12.19 Gamma Squeeze — Meaning and ExamplesOleg Tkachenkohttps://www.litefinance.org/blog/authors/oleg-tkachenko/In this article, you will learn what the gamma squeeze is and...
Australian Dollar remains tepid following PBoC monetary policy decision
The Australian Dollar holds losses as the PBoC decided to keep its one-year Loan Prime Rate unchanged at 3.1%. Australia's...
Largest construction machinery firm fears Trump tariffs – our business based on free trade
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors....
Dow vs NASDAQ vs S&P 500: What’s the difference?
2024.12.19 2024.12.19 Dow Jones vs S&P 500 vs NASDAQ: What's the difference?Artem Shashkovhttps://www.litefinance.org/blog/authors/artem-shashkov/Dow Jones, NASDAQ Composite, and S&P 500 are...
Mexico Central Bank Interest Rate meets forecasts (10%)
Mexico Central Bank Interest Rate meets forecasts (10%)
Deutsche Bank says the Fed won’t cut rates in 2025
Deutsche Bank is out with a note on yesterday's FOMC meeting and they highlighted a significant shift in tone. While...
