Gold price (XAU/USD) falls to near an eight-month low around $3,975 during the early Asian session on Friday. The precious metal extends its downside as rising tensions in the Middle East raise inflation concerns and reinforce expectations of elevated US interest rates. Reuters reported on Thursday that Iran has asked Yemen’s Houthi movement to stand ready to close the Red…
A chip-led selloff dragged U.S. stocks lower Thursday as renewed Iran strikes and hawkish Fed comments capped risk appetite. The dollar firmed against every major and closed the day’s top performer.
ICYMI – Fed’s Logan flags AI-driven inflation risk, sees no wage pressure for now !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
The USD/CHF reversed course, rising by over 0.40% late Thursday as the Greenback staged a recovery amid overall risk aversion, heightened tensions in the Middle East, and strong US economic data. The pair trades at 0.8088 after bouncing off daily lows of 0.8045. USD/CHF price forecast: Technical outlook The USD/CHF made a U-turn after testing the March 31 high-turned-support…
2026.07.16 2026.07.16 Slowing Inflation Reshapes US Dollar Outlook. Forecast as of 16.07.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ While at the outset of the armed conflict in the Middle East, oil prices, Treasury bond yields, and the US dollar were all moving in the same direction, everything changed in July as US inflation slowed. Let’s discuss this topic and develop a trading plan…
U.S. retail sales rose just 0.2% in June as gas prices fell, but jobless claims dropped and factory activity surged, keeping the Fed’s hawkish rate path intact.
Fed’s Logan: Investment demand for AI is big, real and near-term inflationary !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
British Pound pulls back as solid US data revives the Greenback The Pound Sterling trims some of its Wednesday gains versus the US Dollar, down by over 0.48% following solid US data. The sell-off comes amid risk aversion and augments the safe-haven appeal of the Greenback. At the time of writing, the GBP/USD trades at 1.3375, after peaking near 1.3545. Read…
2026.07.16 2026.07.16 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 16.07.2026 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 may decline in the fifth part of an impulse. Consider short positions with a Take Profit at 57,662.26. XRPUSD:…
UK GDP grew 0.1% in May 2026, matching forecasts, but only services grew while factories and construction fell, as Britain prepares to change prime ministers.
