OCBC’s FX strategists Sim Moh Siong and Christopher Wong highlight that USD/SGD has eased as US Dollar (USD) momentum softened on core Personal Consumption Expenditures (PCE) Price Index data, with the pair around 1.2960. Bullish daily momentum remains, but Relative Strength Index (RSI) is turning lower from overbought, and they are monitoring whether this turnaround extends or attracts dip-buying….
2026.06.26 2026.06.26 GBP/USD: Elliott Wave Analysis and Forecast for 26.06.26–03.07.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.3314 with a target of 1.2936–1.2735. A sell signal: the price holds below 1.3314. Stop Loss: above 1.3355, Take Profit: 1.2936–1.2735. Alternative scenario: Breakout and consolidation above the…
The major U.S. stock indices closed modestly lower on Friday, with technology shares again leading the declines. The NASDAQ was the weakest performer, falling 0.24%, while the Dow Jones Industrial Average slipped 0.09% and the S&P 500 edged lower by 0.05%. The NASDAQ has now declined in each of the past five trading sessions and is down 4.60% for…
HSBC portrays Vietnam as one of Asia’s fastest-growing economies, supported by booming electronics exports and import-intensive manufacturing. However, a widening trade deficit and elevated Oil prices are eroding the current account surplus and pushing inflation above the State Bank of Vietnam’s ceiling. The bank trims its external surplus forecast and raises its 2026 inflation projection. Fast expansion with external…
2026.06.26 2026.06.26 Pound Gains Momentum After Political Shake-Up. Forecast as of 26.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The markets were bracing for a battle for the prime minister’s seat, but instead saw a quiet handover of power to Andy Bernham. Moreover, the new Labour Party leader does not plan to deviate from the old fiscal rules. This factor is supporting GBP/USD quotes….
GBP/JPY has formed higher lows and lower highs to consolidate inside a symmetrical triangle. Now that it’s testing support, will we see a breakout next?
The U.S. dollar ended Friday slightly mixed but still posted a gain for the week as investors turned more cautious toward risk assets. The greenback came under pressure from falling U.S. Treasury yields, particularly at the short and intermediate maturities, and another sharp decline in crude oil prices as markets grew increasingly confident that Middle East tensions would not…
HSBC notes that Thailand’s 1Q26 growth beat expectations on the back of strong electronics exports and robust private investment and consumption, supported by AI-related activity and fiscal stimulus. However, non-AI sectors face Chinese competition, and consumption is expected to cool as subsidies fade. The bank upgrades 2026 growth but cuts its 2027 forecast and sees inflation easing below 2%….
2026.06.26 2026.06.26 USD/JPY: Elliott Wave Analysis and Forecast for 26.06.26–03.07.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above 160.55 with a target of 165.00–170.00. A buy signal: the price holds above 160.55. Stop Loss: below 160.00, Take Profit: 165.00–170.00. Alternative scenario: Breakout and consolidation below the level of 160.55…
The dollar topped the majors despite a late fade, gold and stocks whipsawed on a tech-led rout, and crude unwound its war premium toward weekly lows.
