Commerzbank economists highlight ongoing Korean Won (KRW) appreciation against the Dollar. USD/KRW slipped 0.1% to 1,430, extending declines from earlier in the week. They attribute KRW strength to reported coordinated FX intervention by the Ministry of Economy and Finance with Japan and sustained exporter Dollar selling, including sizeable forward sales in June. Intervention and exporters back stronger Won “July…
2026.08.05 2026.08.05 US Dollar Under Pressure As Markets Embrace Warsh’s Dovish Stance. Forecast as of 05.08.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The markets appear to have figured out Kevin Warsh. Investors increasingly believe he sees little need to raise interest rates, regardless of whether Treasury yields rise or fall. That dovish perception is weighing on the US dollar. Let’s examine the outlook…
Qatar’s draft Hormuz proposal and optimistic U.S. comments sent oil sliding and stocks to fresh records Tuesday, while a mixed JOLTS report left the dollar mostly lower.
Earnings after the close: Sandisk and Western Digital put the AI storage boom to the test !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
The Swiss Franc (CHF) strengthens against the US Dollar (USD) on Wednesday as weaker-than-expected US economic data pressures the Greenback, while traders closely follow efforts to reopen the Strait of Hormuz. At the time of writing, USD/CHF trades around 0.8078, down nearly 0.18% on the day. US ADP Employment Change rose by 44K in July, missing expectations of 70K…
2026.08.05 2026.08.05 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 05.08.2026 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: The price continues to decline in the fifth part of an impulse. Consider short positions with a Take Profit at 57,662.00….
XAG/USD has triggered a bullish SMA crossover as short-term momentum strengthens. Can buyers deliver the follow-through needed for a breakout?
Prior was 54.0 Prices paid 70.3 vs 67.7 prior New orders 57.2 vs 55.1 prior Employment 47.4 vs 51.2 prior Business activity 59.1 vs 55.4 prior The S&P Global final PMI for July was released shortly before this report and was at 54.6 vs 53.6 previously, that was an 8-month high. This report missed but there were some positive…
TD Securities strategists see the recent intervention-driven USD/JPY decline as cyclical rather than regime-changing. They expect December as the more likely timing for the next Bank of Japan (BoJ) hike and doubt sustained joint US‑Japan intervention support. Without strong US official flows, they see room for USD/JPY to drift toward 153.00 near term but maintain a year-end forecast of…
2026.08.05 2026.08.05 EuroStoxx 50 Hits New Highs on Earnings Strength. Forecast as of 05.08.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Thanks to its relative resilience to AI risks, improving economic conditions, favorable geopolitical developments, and strong corporate earnings, the EuroStoxx 50 has been reaching new record highs for several consecutive days. Let’s analyze the current situation and develop a trading plan. The article…
