US and the UK planning on having a meeting on protecting shipping in the Strait of Hormuz !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
Scotiabank strategists Shaun Osborne and Eric Theoret say broad US Dollar (USD) gains are moderating as United States (US) yields retreat and risk appetite improves after a tech-led selloff. High-beta currencies outperform while Euro (EUR) and British Pound (GBP) edge higher but fail to fully exploit positive data. Geopolitical tensions around Iran and upcoming Federal Open Market Committee (FOMC)…
2026.07.24 2026.07.24 Is Crypto Dead? A 2026 Reality Check Maxim Tkachenkohttps://www.litefinance.org/blog/authors/maxim-tkachenko/ When Bitcoin collapsed from $69,000 to $16,000 in 2022, the market erupted. Articles and social media posts were everywhere. Panic spread quickly, investors rushed to sell, and everyone seemed to be talking about crypto. It was a brutal sell-off, so the reaction came as no surprise. This time,…
The European Central Bank kept its deposit facility rate (the rate the ECB pays commercial banks for overnight deposits, which anchors borrowing costs across the eurozone) at 2.25% on Thursday. Nobody was surprised. Markets had priced in a greater than 99% probability that the ECB would leave rates unchanged. Yet EUR/USD still slipped 0.28% to 1.1378 that day. That…
Reports from Iranian state-affiliated news agencies Fars and Tasnim said explosions were heard in Saudi Arabia early Friday. Fars claimed a drone struck logistics warehouses used by the U.S. Army, while Tasnim separately reported explosions in the kingdom without providing additional details. As of now, there has been no confirmation from Saudi officials, the U.S. military, or other independent…
Canada Industrial Product Price (MoM) came in at -1.4% below forecasts (-0.4%) in June
2026.07.24 2026.07.24 EUR/USD: Elliott Wave Analysis and Forecast for 24.07.26–31.07.26 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 1.1436 with a target of 1.1124–1.0892. A sell signal: the price holds below 1.1436. Stop Loss: above 1.1480, Take Profit: 1.1124–1.0892. Alternative scenario: Breakout and consolidation above the…
Escalating fighting between the United States and Iran pushed crude oil sharply higher on Thursday, driving Treasury yields to fresh highs for the year and weighing on both stocks and gold. Renewed doubts about whether heavy artificial-intelligence spending will pay off deepened the equity selloff, while the U.S. dollar firmed as traders sought shelter. Check out the forex news…
Deriv brings its exclusive 24/7 Derived Indices to TradingView !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
Bitcoin (BTC) briefly surged over $66,800 this week, its strongest level in more than a month, before slipping back. Consecutive ETF inflows have pulled money back into the market after a prolonged period of outflows. Still, every bounce revives the same question. Is this the low, or another bear-market rally that fades? Why the Bitcoin rebound looks fragile The…
