The Canadian Dollar extends gains against the US Dollar on Wednesday, with USD/CAD falling below 1.3900. BoC rate cut expectations fade as underlying inflation remains sticky. The US Dollar remains under pressure, DXY slips to a fresh weekly low. The Canadian Dollar (CAD) strengthens further against the US Dollar (USD) on Wednesday, marking a three-day […]
2025.05.21 2025.05.21 Zoom (ZM) Price Prediction for 2025, 2026, 2027–2030 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Following a sharp rally in 2020 and a subsequent prolonged downturn, investor interest in Zoom has faded. However, recent increases in trading volumes suggest that the extended stretch of low volatility is coming to an end. Therefore, Zoom may offer a
The European Open European stocks pulled back from two-month highs on Wednesday, with JD Sports and Julius Baer shares leading the decline. Meanwhile, investors stayed cautious, watching U.S. trade talks and the tax bill debate. The pan-European STOXX 600 index dropped 0.4%, with retail and auto stocks leading the decline /* Requesting advertisement by calling
The USD/CAD price analysis indicates a lower likelihood of a BoC rate cut in June. Core inflation in Canada was hotter than expected. Fed policymakers maintained that the economic outlook was uncertain. The USD/CAD price analysis indicates a lower likelihood of a Bank of Canada rate cut in June, which is pushing the Canadian dollar
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
S&P 500 looks short-term top heavy as investors are getting increasingly cautious with regards to US tax policy while USD/JPY has resumed its downtrend and the silver price breaks out of its recent consolidation phase. Source link
2025.05.21 2025.05.21 Donchian Channel Indicator – Trading Strategies Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ The Donchian Channel is a widely used technical analysis tool that helps traders identify trends and determine optimal entry and exit points. This indicator relies on bullish and bearish extremes over a specified period. The Donchian Channel is an ideal tool for trend trading when
Dollar came under broad selling pressure in Asian session, with fresh technical signals suggesting that the near-term recovery has already run its course. Also, the selloff appears to be gathering pace on a range of fundamental concerns. One focus is on Capitol Hill, where the House of Representatives is expected to vote on a multitrillion-dollar
The United Kingdom’s annual CPI rose % in April vs. 3.3% forecast. British inflation jumped to 1.2% MoM in April vs. a 1.1% anticipated. GBP/USD regains 1.3450 after UK CPI inflation data. The United Kingdom (UK) annual headline Consumer Price Index (CPI) jumped by 3.5% in April after recording a 2.6% growth in March, the data released
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
2025.05.20 2025.05.21 Weekly Economic Calendar for 26.05.2025–01.06.2025 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Despite the hawkish statements from Fed Chair Jerome Powell and other officials, the US dollar is still facing pressure, with the USDX index in a medium- and long-term bear market. Therefore, market participants will closely analyze the minutes from the recent May Fed meeting, where another pause
EUR/USD rose on Tuesday, but remains capped by 1.1300. Despite a near-term recovery, the Euro remains down from recent highs against the Greenback. US PMI figures will be the key data release this week. EUR/USD caught a bounce for a second day in a row on Tuesday, bolstering the pair back toward the 1.1300 handle.
S&P 500 saw its six-day winning streak end amidst rising US yields and concerns over Trump’s tax cut proposals and US debt. The “Magnificent 7” stocks are currently underperforming but could potentially drive a larger S&P 500 recovery in the second half of 2025. Technical analysis indicates bullish momentum for the S&P 500, although a
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
