China eases grip on yuan, stirs devaluation speculation

(Reuters) – Sterling climbed to a more than two-year high on the dollar on Friday, on recent signs of strength in the UK economy and dovish comments from Federal Reserve Chair Jerome Powell that sent the dollar sliding against several global currencies. Britain’s pound jumped 0.7% to $1.3185, touching its highest since late March 2022….

2025.08.08 2025.08.08 GBP/USD: Elliott Wave Analysis and Forecast for 08.08.25 – 15.08.25 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 1.3583 with a bearish target of 1.2936 – 1.2735. A sell signal: the price holds below 1.3583. Stop Loss: above 1.3620, Take…

2025.11.24 2025.11.24 Yen Ebbs As Traders On Alert to Intervention. Forecast as of 24.11.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Both the United States and Japan want to see USD/JPY quotes declining. A weak dollar will increase the competitiveness of American companies. A stronger yen will slow down inflation. Let’s discuss these topics and make a trading plan for…

Forex traders who want to be consistently profitable know the importance of tracking the rights and wrongs of the trades that they take. Unfortunately, the impact of the trades that they DON’T take is too often overlooked. Traders are no strangers to missing good trade opportunities. At one point or another we’ve encountered setups that…

Greenbird Capital has been fined $50,000 and censured by the Financial Industry Regulatory Authority (FINRA) for supervisory failures, it was revealed this week.  According to FINRA, the fine is related to private placement solicitations and telemarketing practices between May 2021 and December 2023. The Florida-based brokerage reportedly failed to establish, maintain and enforce adequate supervisory…