U.S. dollar firms marginally amid Iran peace talk hopes

Daily Pivots: (S1) 1.4384; (P) 1.4418; (R1) 1.4477; More… Intraday bias in USD/CAD stays neutral as sideway trading continues. Price actions from 1.4791 high are seen as a corrective pattern, with rebound from 1.4150 as the second leg. On the upside, break of 1.4541 will target 100% projection of 1.4150 to 1.4541 from 1.4238 at…

Event to watch out for today: 15:30 GMT+3. USD – GDP volume change for the quarter EURUSD: The Euro-dollar pair is trading firmly near 1.1140 during Asian trading on Thursday, supported by the general weakening of the US dollar. Several US Federal Reserve (Fed) officials are scheduled to speak on Thursday, including Fed Chairman Jerome…

2024.11.07 2024.11.07 Benefits of Forex Trading Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Most investors in the modern market choose Forex trading to join the global financial world and start trading. It is also known by the initials FX, which stands for Foreign Exchange. This rapidly developing currency market is considered the most suitable for beginners in the trading world….

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…

Yesterday, it was announced that Elon Musk will be stepping down from the Trump administration as his term as head of DOGE—where he focused on reducing government spending—has come to an end. This decision follows his statement at the economic forum in Qatar, where Musk said he plans to focus less on politics, as he…