India's forex reserves climb for second week to $630.6 billion

2025.12.02 2025.12.02 Aussie Posts Gains As Rate-Cut Hopes Dim. Forecast as of 02.12.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The rally in global stock indices has spurred demand for the Australian dollar as a high-yield currency and improved financial conditions. The neutral rate should be higher. Moreover, the AUD/USD pair enjoys even more growth drivers. Let’s discuss this topic…

Daily Pivots: (S1) 1.6668; (P) 1.6757; (R1) 1.6833; More… EUR/AUD edged higher to 1.6842 but quickly retreated. Intraday bias remains neutral first. On the upside, above 1.6842 will extend the rebound from 1.6125 to 38.2% retracement of 1.8554 to 1.6125 at 1.7053. However, break of 1.6561 minor support will argue that the rebound has completed,…

Last year, we presented the Super Cycle target for Costco at $1006. COST already reached that area and therefore we’ll be looking at the Elliott Wave Structure to explain the next move within the cycle. Costco rally from 2022 is clearly infolding within an impulsive bullish structure and it’s looking to establish a regular 5…

On January 27, 2025, U.S. stock markets experienced notable fluctuations as investors anticipated the Federal Reserve’s forthcoming interest rate announcement. The S&P 500 index decreased by 1.5%, primarily due to a significant downturn in technology stocks, while the Nasdaq Composite saw a more substantial decline of 3.1%. In contrast, the Dow Jones Industrial Average managed…

Small Traders (small in experience or in size of account) often make the common error of losing focus and exiting a trade too early. Not necessarily because it is losing money, but because it is “doing nothing”. They want action every day.  It’s premature and silly. Take a look at USDJPY for instance. Yesterday’s NFP…

eToro has delayed its plans for its initial public offering roadshow that was expected to begin next week, according to a report from Axios on Friday. The social trading platform, which filed for an IPO with the U.S. Securities and Exchange Commission in March, had been preparing to list its Class A shares on the…