United States Net Long-Term TIC Flows above forecasts ($54.9B) in July: Actual ($135.4B)
United States Net Long-Term TIC Flows above forecasts ($54.9B) in July: Actual ($135.4B)
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United States Net Long-Term TIC Flows above forecasts ($54.9B) in July: Actual ($135.4B)
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Price charts contain patterns that reflect the collective sentiment and momentum of the market. For traders, these patterns offer a framework for making data-driven decisions. This article explores the most recognisable forex chart patterns, their technical significance, and methods to incorporate them into a disciplined trading strategy. What Are the Chart Patterns? Chart patterns are…
USD/CHF trades lower and hovers around 0.7930 on Monday at the time of writing, down 0.40% on the day. The pair gives back part of the gains posted in the previous session, amid a cautious market mood ahead of the release of the US Gross Domestic Product (GDP) for the third quarter, scheduled for Tuesday….
2025.07.21 2025.07.21 Yen Gains Ground As LDP Coalition Loses Majority. Forecast as of 21.07.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Shigeru Ishiba has not resigned as prime minister. The tax cuts promised by the opposition are not expected to take effect immediately. Consequently, the USDJPY rate decreased. Let’s discuss this topic and make a trading plan. The article covers…
2024.06.21 2024.06.21 GBPUSD: Elliott wave analysis and forecast for 21.06.24 – 28.06.24 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ Main scenario: upon correction, consider long positions above the level of 1.2515 with a target of 1.3145 – 1.3740. Alternative scenario: breakout and consolidation below the level of 1.2515 will allow the pair to continue declining to the levels of 1.2300…
Lisa Gordon, chair of UK investment bank Cavendish, has proposed a tax on cryptocurrency purchases to encourage more investment in British stocks. She suggests introducing a stamp duty on crypto, similar to the 0.5% tax on London Stock Exchange shares, which already brings in substantial revenue. Gordon argues that this move could shift investment toward…
Gold price holds steady around $2,640 in Monday’s early Asian session. US Manufacturing PMI improved to 49.3 in December vs. 48.4 prior, stronger than expected. Sustained geopolitical risks and a wave of purchases by central banks could lift the Gold price. The Gold price (XAU/USD) struggles to gain ground near $2,640 during the early Asian trading hours…