US President Donald Trump today finally named former Fed Governor Kevin Warsh to succeed Jerome Powell as Fed Chair, bringing an end to a prolonged and unusually turbulent succession process. Trump praised Warsh publicly, calling him a future “great” Fed chairman and signaling confidence in his leadership. The announcement removed a major overhang for markets
2026.01.30 2026.01.30 XAU/USD: Elliott Wave Analysis and Forecast for 30.01.26–06.02.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Once the correction ends, consider long positions above 4,930.32 with a target of 6,000.00–6,500.00. A buy signal: the price holds above 4,930.32. Stop Loss: below 4,930.32, Take Profit: 6,000.00–6,500.00. Alternative scenario: Breakout and
BNB slides towards support Since the beginning of 2026, Binance Coin (BNB) has traded in a choppy, increasingly pressured environment, with a recent sharp sell-off underlining persistent vulnerabilities despite ongoing strategic developments at its parent exchange, Binance. While broader narratives around product expansion and regulatory licensing have offered long-term support, short-term price action has been
This is a follow-up analysis and an update of our prior report, “Chart alert: Gold (XAU/USD) eyeing $5,000 and beyond as bullish acceleration intact”, published on 23 January 2026. Since the start of this week, Gold (XAU/USD) continued to extend its bullish acceleration and hit the intermediate resistance zone at US$5,049/5,149, as highlighted. The precious
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Dollar is consolidating within a narrow range today, reflecting a temporary balance between supportive near-term developments and persistent longer-term headwinds. Volatility has subsided, but price action lacks the conviction typical of a durable turnaround. A sharp pullback in precious metals has played a key role in easing pressure on the greenback. Gold has retreated below
2026.01.30 2026.01.30 What Is Statistical Arbitrage? How Traders Use Stat Arb Oleg Tkachenkohttps://www.litefinance.org/blog/authors/oleg-tkachenko/ Statistical arbitrage in trading is an alternative to traditional strategies based on technical and fundamental analysis. The method is based on a mathematical model that uses statistical correlations between the prices of highly correlated assets. If the spread between their quotes widens,
USD/JPY price analysis tilts to the upside as the dollar recovers on the Fed hold and the US Senate approval to avoid a shutdown. BoJ remains highly accommodative, keeping the yield differential unattractive for yen buyers. FX intervention warnings keep yen losses in check. USD/JPY is consolidating after recent gains. The pair remains supported by
Market players will be watching precious metals closely as we look to wrap up January trading. That will not only have an impact in the commodities space but there will be broader spillovers to the likes of the dollar and risk sentiment as well. As we see the profit-taking and volatility swings accelerate, it could
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Japan Housing Starts (YoY) came in at 1.3%, above forecasts (-4.1%) in December Source link
The USD rose broadly on this: USD has jumped on rumors Kevin Warsh will be new Fed Chair, announcement due Friday As the hours have passed folks are becoming more confident it Warsh. They say he’s a hawk. I’m skeptical. This article was written by Eamonn Sheridan at investinglive.com. Source link
On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.9678 compared to the previous day’s fix of 6.9771 and 6.9459 Reuters estimate. PBOC FAQs The primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard price stability, including exchange rate stability,
Total credit in Australia was up 0.8 percent on month in December, the Reserve Bank of Australia said on Friday – exceeding expectations for 0.6 percent, which would have been unchanged. Credit was up 7.7 percent on year. Housing credit was up 0.7 percent on month and 6.9 percent on year, while personal credit rose
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But today’s flows feel different. It is almost impossible to predict tops in such extreme, unidirectional trends. Some periods can be more favorable for squeezes. Some others are more favorable for rangebound conditions and selloffs. And such periods tend to change at the beginning of the New Year, at the start of Quarters, Months, or
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
