United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann highlight that EUR/USD slipped to 1.1742 as the Dollar firmed on stalled US–Iran talks and weaker German sentiment. They see a tentative build-up in downside momentum, with scope to retest 1.1720 but not the 1.1665 major support, while keeping a broader 1.1665–1.1840 range and longer-term upside scope under…
2026.04.22 2026.04.22 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 22.04.2026 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 fall in impulse . Consider short positions with a Take Profit at 62,400.16. XRPUSD: Impulse (C) is projected…
A new era of American monetary policy is taking shape, and what it means for markets is only beginning to come into focus.
Even with the dollar’s recent slump, the yen is unable to get off the floor too as Japan continues to suffer heavily from the Middle East conflict. The closure of the Strait of Hormuz is hitting Asian countries hard and Japan is one to be impacted quite badly in all of this. That has already seen the country push…
According to a report from The Wall Street Journal (WSJ), the United States (US) has suspended shipments of US Dollars (USDs) to Iraq, which were proceeds from Federal Reserve Bank of New York accounts against oil sales, in an attempt to cripple an Iran-backed military group in Baghdad. A cargo plane delivery of nearly $500 million was blocked by…
EUR/USD is attempting to reverse course from an earlier long-term downtrend, but geopolitical developments and eurozone flash PMI data pose risks.
Japan exports rose 11.7% y/y in March, beating forecasts, but a smaller trade surplus and rising import costs highlight growing risks from energy prices and supply disruptions. Summary: Exports +11.7% y/y, beat expectations, seventh straight gain Imports +10.9% y/y, well above forecasts Trade surplus ¥667B, below expectations Strong demand from China, modest US growth Higher prices supporting exports Energy…
The EUR/USD pair trades in negative territory near 1.1750 during the early Asian session on Wednesday. The ongoing conflict between the United States and Iran, as well as uncertainty surrounding the Strait of Hormuz blockade, weighs on the Euro (EUR) against the US Dollar (USD). US President Donald Trump announced late Tuesday that he was extending a ceasefire with Iran indefinitely,…
2026.04.20 2026.04.22 Weekly Economic Calendar for 27.04.2026–03.05.2026 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Geopolitical issues in the Middle East and developments surrounding the Strait of Hormuz continue to drive short-term market trends, even overshadowing the release of key economic data. Nevertheless, during the week of April 27–May 3, 2026, investors will focus on the central bank meetings in Japan, Canada, the US, the UK,…
The U.K. labor market showed further signs of gradual cooling in March 2026, with payrolled employee counts declining for the second consecutive year and wage growth slipping to multi-year lows in real terms.
