Asia FX steady as strong US data dims Fed cut hopes; yen off recent lows

2025.01.31 2025.01.31 WTI Crude Oil: Elliott Wave Analysis and Forecast for 31.01.25 – 07.02.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above the level of 67.08 with a target of 85.00 – 94.97. A buy signal: the price holds above 67.08. Stop Loss: below 66.50,…

Central bank forex decisions play a pivotal role, acting as key drivers behind the fluctuations in exchange rates, inflation, and monetary policy implementation. These decisions affect the money supply and economic growth and establish the conditions under which forex banks and traders operate. Traders can navigate the forex market more effectively when they understand the…

Yesterday, important U.S. inflation data was released, as reported by ForexFactory:→ Core CPI (MoM): actual = 0.2%, forecast = 0.2%; previous = 0.1%;→ CPI (YoY): actual = 2.9%, forecast = 3.0%; previous = 3.0%. Today, market participants learned about the change in the UK’s monthly GDP: actual = 0.0%, forecast = 0.0%; previous = 0.4%….

With an extra busy trading weeks filled with central bank decisions and top-tier economic data releases, should you really be attempting to trade all these potential market movers? Contrary to the “always be trading” mentality that floats around like bad advice, staying on the sidelines doesn’t necessarily mean that you’re a lazy trader. In fact,…

2026.03.20 2026.03.20 USD/CHF: Elliott Wave Analysis and Forecast for 20.03.26–27.03.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 0.7956 with a target of 0.7420–0.7200. A sell signal: the price holds below 0.7956. Stop Loss: above 0.7956, Take Profit: 0.7420–0.7200. Alternative scenario: Breakout…

Investing.com – The US dollar edged higher Monday, rebounding after the sharp losses at the end of last week on signs of cooling inflationary pressures, while the euro slipped following dovish comments from ECB head Christine Lagarde. At 05:00 ET (10:00 GMT), the Dollar Index, which tracks the greenback against a basket of six other…