West Texas Intermediate (WTI) Oil price advances on Monday, early in the European session. WTI trades at $64.82 per barrel, up from Friday’s close at $64.54. Brent Oil Exchange Rate (Brent crude) is stable, hovering around its previous daily close at $66.33. WTI Oil FAQs WTI Oil is a type of Crude Oil sold on international markets. The WTI…
2025.06.30 2025.06.30 Euro Heads to 4-Year Highs. Forecast as of 30.06.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ If monetary policy divergence has favored EURUSD bears in the first half of 2025, this trend will likely reverse in the latter half of the year. When combined with capital outflows from the US to Europe, this bodes well for the euro’s future. Let’s discuss this…
GBP/AUD is poppin’ up long wicks near a range resistance area. Will the pair draw enough bearish pressure to stay inside its technical pattern? Or will the bulls force an upside breakout? GBP/AUD 4-hour Forex Chart by TradingView The British pound had a solid week, getting a boost from the BOE’s slow and steady take on rate cuts despite…
German inflation continues to remain a sticking point for the ECB as they pause through the summer. The latest core annual inflation reading was at 2.8% in May, with headline annual inflation seen at 2.1%. The latter is estimated to climb a little to 2.2% in June, reaffirming that the ECB still has work to do in bringing price…
EUR/USD extends winning streak to seven days, hovering near 1.1726 after reaching a multi-year high of 1.1754. The US Dollar is pressured by Trump’s remarks, mixed macro data and Fed cut bets. Focus shifts to next week’s Eurozone flash inflation and US ISM PMI data. The Euro (EUR) climbs for an eighth consecutive day against the US Dollar (USD)…
EUR/CHF has formed lower highs and found resistance at the .9420 level, creating an ascending triangle pattern on its 4-hour chart. Is another bounce off support in the works? Or are we about to see a breakout soon? EUR/CHF 4-hour Forex Chart by TradingView This franc pair has been stuck in this triangle holding pattern for more than a…
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Trump has accused Japan of engaging in unfair trade practices in the automobile sector, calling for Tokyo to boost imports of U.S. energy and goods to help narrow the trade deficit. In a Fox News interview aired Sunday, Trump criticised the imbalance, noting that while the U.S. imports millions of Japanese vehicles, Japan takes few American-made cars in return:…
USD/INR slides to two-week low amid broad US Dollar weakness and strong Rupee demand. Rupee supported by FII inflows, equity market gains, and falling Crude Oil prices. DXY holds near a three-year low as Trump’s Fed criticism and soft US GDP fuel rate cut bets. The Indian Rupee (INR) strengthens further on Friday, riding a wave of US Dollar…
