US August Federal budget deficit $167 billion vs $404 billion expected
US August Federal budget deficit $167 billion vs $404 billion expected !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
US August Federal budget deficit $167 billion vs $404 billion expected !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann note that USD/SGD has rebounded strongly, with short-term momentum pointing higher but key resistance at 1.2705 expected to limit gains. They now see an upside bias over the next one to three weeks, provided the pair holds above 1.2640, while the Singapore Dollar (SGD) Nominal Effective Exchange…
2026.09.11 2026.09.11 USD/CAD: Elliott Wave Analysis and Forecast for 11.09.26–18.09.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: once the correction has been completed, consider short positions below the level of 1.4050 with a target of 1.3548–1.3400. A sell signal: the local correction ends and the price holds below 1.4050. Stop Loss: above 1.4090, Take…
The market is already priced at 86% so they’re late to the party on this one. Might as well also put out a forecast for Spain to win the 2026 FIFA World Cup. In any case, all that’s at stake now is Warsh’s credibility. If he doesn’t hike, then it’s going to be a long, ugly term for him…
Bitcoin (BTC) and the broader crypto market saw brief gains Friday following the release of US inflation data. The Consumer Price Index (CPI) rose 0.4% in August, accelerating from a 0.1% increase in July, according to the Bureau of Labor Statistics (BLS). On an annual basis, CPI increased 3.4%, unchanged from the previous month and matching economist expectations. Core…
2026.09.11 2026.09.11 USD/CHF: Elliott Wave Analysis and Forecast for 11.09.26–18.09.26 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 0.8044 with a target of 0.8278–0.8400. A buy signal: the price holds above 0.8044. Stop Loss: below 0.8005, Take Profit: 0.8278–0.8400. Alternative scenario: Breakout and consolidation below 0.8044 will allow the…
The dust is beginning to clear on the Houthi attack on Thursday on Saudi Arabia’s east-west pipeline and the picture isn’t good. The above picture is the ‘after’ and here is the purported ‘before’ image of a pumping station. Evidently, ‘several’ of these were hit in the western part of the country. I want to put into perspective the…
The week in one sentence: Yen positioning swung back into net longs in the week to September 8, leading to a 103.0K-contract improvement. Canadian Dollar shorts also fell sharply, while Oil buying accompanied another price rise. Euro, Sterling and Swiss Franc positioning weakened despite firmer currencies, leaving those moves unconfirmed by speculative flows. JPY turns net long Japanese Yen…
2026.09.11 2026.09.11 Gold Waits for the CPI Verdict. Forecast as of 11.09.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Despite numerous bullish drivers for gold, including de-dollarization, US government intervention in the debt market, loss of confidence, and the debasement trade, XAU/USD may decline in the short term. Let’s discuss this topic and outline a trading plan. The article covers the following subjects: Major…
USDCAD Technicals: USDCAD extends higher but stalls at key trendline resistance !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}