To continue to implement appropriately loose monetary policy

People’s Bank of China (PBoC) Deputy Governor said during the European trading session on Wednesday that the central bank remains committed to loose monetary policy conditions to support overall demand. Additional remarks Will step up counter cyclical adjustments, help to expand domestic demand conditions. 7-day reverse repo rate remains the main policy rate, which provides pricing anchor for markets….

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What Is a High Wave Candlestick Pattern and How to Trade It

2026.07.15 2026.07.15 What Is a High Wave Candlestick Pattern? Alan Tsagaraevhttps://www.litefinance.org/blog/authors/alan-tsagaraev/ Technical analysis offers traders a wide range of tools for assessing market sentiment and forecasting price movements. One of these tools is the High Wave candlestick pattern. The High Wave pattern signals market uncertainty and a potential trend reversal. In this guide, you’ll learn what a High Wave…

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Gold edges lower as rising oil prices bolster Fed hike bets

Gold (XAU/USD) attracts some sellers after failing to find acceptance above the $4,100 mark the previous day, though it holds above the $4,000 psychological mark during the Asian session on Wednesday. Despite soft US Consumer Price Index (CPI) data, investors remain worried about energy-driven inflation as escalating US-Iran tensions and the closure of the Strait of Hormuz remain supportive…

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Euro gathers strength above 1.1400 after soft US inflation data

The EUR/USD pair gains ground to near 1.1425 during the early Asian trading hours on Wednesday. The US Dollar (USD) weakens against the Euro (EUR) as softer-than-expected US inflation data temporarily eased pressure on the Federal Reserve (Fed). Traders will take more cues from the US Producer Price Index (PPI) report, which is due on Wednesday.  US inflation, as…

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Forex Economic Calendar Overview: Key Events for the Next Trading Week (20.07.2026–26.07.2026)

2026.07.14 2026.07.15 Weekly Economic Calendar for 20.07.2026–26.07.2026 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ The US dollar remains the market favorite, supported by continued positive macroeconomic data from the US, the Fed’s moderately hawkish stance, and ongoing tensions in the Middle East. During the upcoming trading week of July 20–July 26, 2026, market participants will evaluate key macroeconomic data from Canada, New Zealand, the…

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