Dollar rebounds from multi-month lows’ sterling slumps after soft inflation data

Zain Vawda Market Analyst Zain is an experienced financial markets analyst and educator with a rich tapestry of experience in the world of retail forex, economics, and market analysis. Initially starting out in a sales and business development role, his passion for economics and technical analysis propelled him towards a career as an analyst. He…

The US dollar kicked off the week positively, bouncing back from last week’s drop. As the dollar strengthens, all eyes are on this week’s pivotal events: the interest rate decisions from both the Fed and the European Central Bank (ECB), alongside US President Donald Trump’s ongoing trade rhetoric and policies, which remain key to shaping…

By Rich McKay and Hannah Lang (Reuters) -Law enforcement officials on Thursday said a U.S. Army soldier from Colorado was likely the person inside a Tesla (NASDAQ:) Cybertruck that exploded outside the Trump International Hotel in Las Vegas, leaving the driver dead and seven people with minor injuries.  The FBI said it had so far…

2024.09.27 2024.09.27 XAUUSD: Elliott wave analysis and forecast for 27.09.24 – 04.10.24 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Highlights and key points Main scenario: consider long positions on corrections above the level of 2547.32 with a growth target of 2800.00 – 3000.00. A buy signal: if the price holds above 2547.32. Stop Loss:…

The Candles Color and RSI Divergence Forex Trading Strategy is a method that combines visual candlestick patterns with one of the most reliable momentum indicators, the Relative Strength Index (RSI). Candlestick colors help traders quickly gauge market sentiment—whether the market is bullish or bearish—by simply looking at how the candles change in sequence. Meanwhile, RSI…