Uptrend against US Dollar intact amid trade surplus – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad reports that USD/CNH is falling toward support at its June multi-year low as broad Dollar weakness combines with China’s stronger-than-expected trade surplus, driven by AI-related exports and semiconductor imports. Haddad argues that continued CNY appreciation could aid China’s shift toward consumption and concludes that the USD/CNH downtrend remains intact. AI trade strength and…

Read more

Yen Under Pressure As Interventions Yield Little Result. Forecast as of 09.06.2026

2026.06.09 2026.06.09 Yen Under Pressure As Interventions Yield Little Result. Forecast as of 09.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Japan’s previous interventions in the Forex market, totaling $73 billion, have yielded no results. Moreover, the sale of US Treasuries has boosted yields worldwide. In other words, it has damaged Japan’s debt market. Let’s discuss this topic and develop a trading plan for…

Read more

US May NFIB small business optimism index 95.3 vs 96.0 expected

The NFIB Small Business Optimism Index fell 0.6 points in May to 95.3, remaining below its 52-year average of 98.0. The Uncertainty Index rose 3 points from April to 91, remaining well above its historical average of 68. As reported in NFIB’s monthly Jobs Report, the NFIB Small Business Employment Index remained essentially flat, registering 100.3 in May. The…

Read more

Indian Rupee rebounds as oil prices tumble on US-Iran deal hopes

The Indian Rupee (INR) recovers against the US Dollar (USD) at open on Tuesday after a sharp decline the previous day. The USD/INR pair drops to near 95.35 as oil prices extend their decline, following comments from United States (US) President Donald Trump that a deal with Iran could be finalized in two or three days. As of writing,…

Read more

Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 09.06.2026

2026.06.09 2026.06.09 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 09.06.2026 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on Elliott Wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: A small upward correction is forming. Consider long trades with a Take Profit at 64,800.00. XRPUSD: The second half of…

Read more

What are the main events for today?

EUROPEAN SESSION In the European session, we don’t have anything on the agenda, so the price action will likely remain rangebound unless we get some catalyst from the US-Iran side. AMERICAN SESSION In the American session, we just get a couple of low tier releases like the US and Canadian trade balance or US existing home sales data that…

Read more

Eases from 1.3960 highs with the bullish trend in play

The US Dollar (USD) trades moderately lower against the Canadian Dollar (CAD) on Tuesday, pulling back from levels a few pips shy of the year-to-date peak, at 1.3966. The pair, however, maintains its bullish trend intact, fuelled by higher bets on Federal Reserve (Fed) tightening and safe-haven demand amid Middle East uncertainty Markets show a mild optimism after Iran…

Read more