Next week will be a pivotal one for global monetary policy, with key central banks scheduled to announce their latest decisions. The Bank of Japan (Tuesday), Federal Reserve (Wednesday), Swiss National Bank (Thursday), and Bank of England (Thursday) will all hold policy meetings. While the BOJ, Fed, and BOE are widely expected to keep rates unchanged, the Swiss National…
Gold prices remain firm as markets focus on Israel’s attacks on Iran. XAU/USD continues to climb, with prices holding firm above $3,400 while US equities and risk assets plunge. Michigan consumer sentiment and expectations beat estimates, with inflation expectations falling. But ‘risk-off’ tone remains. Gold (XAU/USD) is extending its gains as Israel’s attacks on Iran continue, supporting demand for…
2025.06.13 2025.06.13 USD/CHF: Elliott Wave Analysis and Forecast for 13.06.25 – 20.06.25 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 0.8250 with a target of 0.7800 – 0.7600. A sell signal: the price holds below 0.8250. Stop Loss: above 0.8290, Take Profit: 0.7800 – 0.7600. Alternative…
What a week it’s been for global markets. We kicked things off with renewed optimism around US-China trade talks in London, which helped Bitcoin surge past $108,000 and kept risk assets buoyant. Wednesday’s softer-than-expected US inflation data had traders pricing in Fed rate cuts, sending the dollar tumbling to three-year lows against major currencies. But Friday morning changed…
The S&P, Nasdaq and Dow had their worst day since May 21 as geopolitical risk from Israel’s strike on Iran, and Iran’s counterstrike on Isreal gave traders a reason to sell. At the close, the major indices are all down by -1.13% or more. A look at the final numbers shows: Dow Industrial Average fell -769.83 points or -1.79%…
The Dow Jones fell around 1,000 points from the previous day’s close on Friday. Israel launched a surprise round of attacks on Iran late Thursday. The attacks, amid an already-tense Middle East, have erased the week’s gains on the Dow. The Dow Jones Industrial Average (DJIA) fell on Friday, shedding over 1,000 points from the previous day’s close as…
2025.06.13 2025.06.13 EUR/USD: Elliott Wave Analysis and Forecast for 13.06.25 – 20.06.25 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 the level of 1.1368 with a target of 1.1750 – 1.2050. A buy signal: the price holds above 1.1368. Stop Loss: below 1.1330, Take Profit: 1.1750 – 1.2050. Alternative…
US-China trade talks brought optimism, soft inflation data crushed the dollar to three-year lows, then Israel’s Iran nuclear site strikes triggered massive safe-haven flows.
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