Commerzbank’s Norman Liebke notes that the Brazilian Real strengthened after Flavio Bolsonaro’s lead in the first election round, with USD/BRL dropping from 5.2 to 5.0. The bank expects further short-term Real appreciation if Bolsonaro wins the runoff, but stresses that the duration of any rally will hinge on his fiscal agenda and ability to implement reforms through parliament. Real…
2026.10.20 2026.10.20 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 20.10.2026 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 continues to rise in a bullish correction (B). Consider long positions with a Take Profit at 88,766.91. XRPUSD:…
With a November hike priced in, in-line or softer CPI could weigh on Sterling, while sentiment shapes GBP/USD and GBP/NZD.
EUROPEAN SESSION In the European session, the main highlight was the UK employment report. The data beat expectations across the board and brought forward rate hike bets for the BoE. Tomorrow, we will get the UK CPI report which could strengthen expectations further in case the core figures come out hot. Looking ahead, we have the German ZEW survey…
ING strategists Warren Patterson and Ewa Manthey note that Oil and ICE Brent prices remain firmly supported around $110/bbl as markets focus on Middle Eastern supply risks. They highlight a significant risk premium driven by geopolitical volatility and record tanker freight rates. China’s crude data suggest inventory drawdowns and weaker apparent demand, reinforcing a tight but risk-sensitive Oil market…
Gasoline lifted Canada’s September inflation, but a weekend speech from the BOC governor moved the loonie more than the data did.
Daiwa: BOJ shifts focus from reaching 2% inflation to keeping it there, wages hold the key MUFG says firmer China growth offers yuan support, but uneven demand limits the upside PBOC to run daily overnight reverse repos to Nov 2 in first step after policy rate signal Are US Treasuries still a hedge? Citi Australia CEO says the bonds…
The USD/JPY pair steadies around 158.50 during the Asian trading hours on Tuesday. Traders prefer to wait on the sidelines ahead of Japan’s National Consumer Price Index (CPI) inflation data later on Friday. Meanwhile, elevated US bond yields provide some support to the US Dollar (USD) against the Japanese Yen (JPY). Japan’s Prime Minister Sanae Takaichi denied the notion…
With a November hike largely priced in, Wednesday’s CPI report could shift Sterling’s outlook by signaling whether tightening lies ahead.
PBOC is expected to set the USD/CNY reference rate at 6.6813 – Reuters estimate !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
