On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7989 compared to the previous day’s fix of 6.8036 and 6.7931 Reuters estimate. PBOC FAQs The primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard price stability, including exchange rate stability, and promote economic growth….
AUD/NZD’s Bollinger Band signal points to a possible bullish reversal, but downside follow-through remains a key risk.
OpenAI’s Simo to step down permanently, complicating IPO plans as Altman seeks successor !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
Dollar-Yen eases about a tenth of a percent on Thursday, changing hands just below 162.50 after fading from the four-decade highs printed earlier in the week. Down sessions have been collector’s items since the May low, and this one arrives on a tape built for Dollar strength: firm American jobless claims, hawkish Federal Reserve (Fed) commentary, and a fresh…
2026.07.09 2026.07.09 US Dollar Stands Tall as Investors Flock to Safe-Haven Assets. Forecast as of 09.07.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The new phase of the conflict in the Middle East is not much different from the previous one. Events are unfolding at a faster pace, prompting the EUR/USD pair to initially decline amid the escalation before recovering its losses. Let’s analyze…
The minutes of the Fed’s June meeting revealed division over whether inflation will cool as the Middle East conflict eases or stay elevated as AI-related investment keeps pressure on prices.
Iranian news agencies report that there are strikes in Iran for a third day. Iran yesterday retaliated against US bases in the region and is threatening to take that further. The risk is that they start attacking energy or civilian infrastructure in the countries hosting US bases. On this headline, oil prices have rebounded but it’s not entirely surprising…
Scotiabank strategists Shaun Osborne and Eric Theoret report the British Pound (GBP) is fractionally higher versus the US Dollar (USD), with sentiment improving after PM Starmer’s resignation announcement. They see support from a repriced Bank of England (BoE) rate path following the latest Oil rally and describe GBP/USD’s recovery as increasingly entrenched as it attempts to break above 1.3400…
2026.07.09 2026.07.09 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 09.07.2026 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: A bearish correction is expected to start developing shortly. Consider short positions with a Take Profit at 60,376.79. XRPUSD: A…
With no NFP noise to drown out the impact of Canada’s jobs report this week, this top-tier release could trigger a bigger market reaction than usual. Here’s what to look out for.
