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September 24, 2022 3:49 pm | Uncategorized
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Top 10 Strongest Currencies in the World in 2024
December 22, 2024 12:08 pm | FOREX NEWS
In times of global instability, currency markets face numerous factors influencing the value of national currencies. Variables like inflation, interest rates, and trade balance play a crucial role in shaping the exchange rate. The highest currency serves not only as a sign of economic resilience but also as an attractive asset for international investors. Amid volatility, certain countries have maintained their positions, issuing some of the most valuable currencies in the world. In this article, we’ll reveal which one is the highest currency in the world and what makes it so sought after. Major Takeaways The article provides an overview… Read full author’s opinion and review in blog of #LiteFinance
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Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 19.12.2024
December 22, 2024 11:31 am | FOREX NEWS
Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. Major Takeaways BTCUSD: The price may rise in the fifth part of impulse (3). Consider long positions from the current level with Take Profit at 122,447.00. XRPUSD: Expect an increase toward the previous high. Consider long positions with Take Profit at 3.571. ETHUSD: Bullish momentum will likely drive the price upwards. Consider buying from the current level with Take Profit at 4,113.73. Elliott Wave Analysis for Bitcoin BTCUSD has presumably formed a correction [4] as a double zigzag (W)-(X)-(Y). A new bullish wave is developing in… Read full author’s opinion and review in blog of #LiteFinance
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EURUSD Collapses Amid Fed’s Hawkish Cut. Forecast as of 19.12.2024
December 22, 2024 10:25 am | FOREX NEWS
The US dollar has reached its highest level since 2022 following the decline in the fed funds rate to 4.5%. However, FOMC officials have only outlined two rate cuts in their 2025 projections. Let’s discuss this topic and make a trading plan for the EURUSD pair. Major Takeaways The Fed signals fewer cuts than the market expected. Not all FOMC members agree with the December rate cut. US inflation may remain above 2.5% in 2025. The EURUSD pair is heading towards 1.03. Weekly US Dollar Fundamental Forecast The trading environment can be likened to a race between the US Federal… Read full author’s opinion and review in blog of #LiteFinance
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Short-Term Analysis for Oil, Gold, and EURUSD for 19.12.2024
December 22, 2024 9:41 am | FOREX NEWS
I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Yesterday, the euro reversed its short-term uptrend. Major Takeaways USCrude: oil may continue to decline with the target of 68.56. XAUUSD: gold has reversed its short-term uptrend. The bearish target is the Target Zone 2553 – 2536. EURUSD: the euro has reversed its uptrend. The price is trading in an upward correction. Oil Price Forecast for Today: USCrude Analysis Oil attempts… Read full author’s opinion and review in blog of #LiteFinance
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Why Traders Should Use B2TRADER Trading Platform
December 22, 2024 9:06 am | FOREX NEWS
The digitalization of platforms and technological advancements give traders a broad choice of software and systems that they can use to manage their investments and make correct trading decisions.
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Event Guide: BOE Monetary Policy Statement (December 2024)
December 22, 2024 9:05 am | FOREX NEWS
The BOE gang is widely expected to keep its policies unchanged in December. We have the points you need to know if you’re trading the event!
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Daily Broad Market Recap – December 18, 2024
December 22, 2024 8:39 am | FOREX NEWS
Investor jitters were in play ahead of the highly-anticipated FOMC decision, which then delivered what many interpreted to be a more hawkish than expected announcement, sparking huge moves across the financial markets.
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RBNZ Cuts Interest Rates By 50 Bps, Signals New Cut In February
December 22, 2024 5:10 am | FOREX NEWS
The Reserve Bank of New Zealand (RBNZ) announced a 50 basis points rate cut and Governor Orr suggested a similar rate cut could take place in February.
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Fed Delivers Another 25bp Cut But Signals More Cautious Path Ahead
December 22, 2024 4:38 am | FOREX NEWS
As expected, the Fed lowered its interest rates by 25bps and signaled more easing ahead. So why did the U.S. dollar jump during the event?
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ECB’s Vujcic says the Bank’s “direction is clear … further reduction of interest rates”
December 22, 2024 1:03 am | FOREX NEWS
Boris Vujčić, Governor of the Croatian National Bank and European Central Bank Governing Council member spoke in an interview Saturday, confirming what we all know – more rate cuts to ahead from the Bank.
- “The direction is clear, it’s the continuation of the direction from 2024, and that is the further reduction of interest rates”
- He doesn’t know where the terminal rate will be:“That will be determined by data, primarily the inflation rate, will it decelerate, according to our projections, and we will see the impact of the transmission of the monetary policy, and our projections.”
On Trump tariffs:
- “If there is a trade war, that will be bad for growth in Europe and in the rest of the world”
- “a trade war, that won’t be good for anyone”
At its final meeting this year the European Central Bank cut rates:
EUR/USD closed the week well under 1.05, policy divergence expectations weighed heavily (but not exclusively).
This article was written by Eamonn Sheridan at www.forexlive.com.
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US Dollar Loses Ground, Focus On French Political Uncertainty
December 22, 2024 12:50 am | FOREX NEWS
The US dollar slid against the euro and the pound on Tuesday while economists focus on the political uncertainty in France and the potential consequences.
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Trading CrowdStrike Holdings After Fiscal Q3 2025 Performance report
December 22, 2024 12:28 am | FOREX NEWS
CrowdStrike released its fiscal third-quarter 2025 earnings report. Learn more about the report and what analysts forecast for the stock.
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