Pound is set back by US jobs report. Forecast as of 09.02.2023
2023.02.09 2023.02.09 Pound is set back by US jobs report. Forecast as of 09.02.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Although the GBPUSD crash was triggered by the Bank of England, the pair continued falling amid the US strong jobs report. Will the pound resume rising after such shocks? Let us discuss the Forex outlook and make up a […]
Swedish crown gains on central bank forecast for more hikes, softer dollar By Reuters
© Reuters. FILE PHOTO: U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Alun John LONDON (Reuters) – The Swedish crown rallied on Thursday after the country’s central bank raised interest rates and forecast further tightening, while the dollar weakened against most other currencies alongside positive […]
USD acts smart. Forecast as of 09.02.2023
2023.02.09 2023.02.09 USD acts smart. Forecast as of 09.02.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ While the market waits for the federal funds rate to fall to 4.8% by the end of 2023 after it peaked at 5.1%, major players expect the opposite. How does this affect EURUSD? Let’s discuss this topic and make up a trading plan. Weekly US […]
Short-term forecast for BTCUSD, XRPUSD and ETHUSD 08.02.2023
2023.02.08 2023.02.08 Short-term forecast for BTCUSD, XRPUSD and ETHUSD 08.02.2023 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ I welcome my readers! I have prepared a short-term cryptocurrency forecast based on the Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I offer entry signals to trade each cryptocurrency. The article covers the following subjects: Elliott wave Bitcoin analysis The BTCUSD market […]
Aussie won’t stop. Forecast as of 08.02.2023
2023.02.08 2023.02.08 Aussie won’t stop. Forecast as of 08.02.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The Australian dollar is supported not only by China, but also by the Reserve Bank of Australia. The RBA wil not make a pause in the process of monetary restriction as there are no signs of inflation slowdown in Australia. Let’s talk about this […]
CME Group Publishes Higher 2022 Results, Beats Forecast
CME Group (NASDAQ: CME), which operates a major US derivatives exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities […]
US dollar: no surprises. Forecast as of 08.02.2023
2023.02.08 2023.02.08 US dollar: no surprises. Forecast as of 08.02.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Those investors who expected to see a link between a strong US jobs report for January and an additional increase in rates in Jerome Powell’s speech had to exit trades. How did this affect EURUSD? Let’s discuss this topic and make up a trading […]
Euro underestimated its rival. Forecast as of 07.02.2023
2023.02.07 2023.02.07 Euro underestimated its rival. Forecast as of 07.02.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The underestimation of the Fed’s monetary restriction and the US economy cost EURUSD dearly. The rising chances of a federal funds rate hike to 5.25% or more allowed the bears to strengthen. Let’s discuss this topic and make up a trading plan. Weekly Euro fundamental […]
Yen is set back by doves. Forecast as of 07.02.2023
2023.02.07 2023.02.07 Yen is set back by doves. Forecast as of 07.02.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ For a long time, markets saw Haruhiko Kuroda’s retirement as a signal of a soon monetary tightening start. What if the new BoJ governor is even more dovish? Where will USDJPY go then? Let us discuss the Forex outlook and make […]
Short-term forecast for BTCUSD, XRPUSD and ETHUSD 07.02.2023
2023.02.07 2023.02.07 Short-term forecast for BTCUSD, XRPUSD and ETHUSD 07.02.2023 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ I welcome my readers! I have prepared a short-term cryptocurrency forecast based on the Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I offer entry signals to trade each cryptocurrency. Each cryptocurrency moves up in bullish impulses. The article covers the following subjects: […]