There are just a couple of expiries to take note of on the day, as highlighted in bold below. They are for EUR/USD at the 1.1500 and 1.1550 levels. The expiries don’t tie much to any technical significance, with the currency pair now weaving in and around the 100 and 200-hour moving averages at 1.1533-41 mostly. That as we…
The Indian Rupee (INR) extends its decline against the US Dollar (USD) on Wednesday as the former continues to face pressure due to surging oil prices. In the opening session, USD/INR trades slightly higher to near 95.45. The MCX Crude Oil contract expiring on August 19 trades 1% higher to near Rs. 8,040. Currencies from economies, such as India,…
The Reserve Bank of Australia (RBA) kept its cash rate at 4.35% this August. Markets expected the hold. What they didn’t fully agree on was the tone.
Gulf states quietly by-pass choke points as Hormuz risk lingers, Saudi Oman deal fits pattern !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
GBP/USD inches lower after remaining flat in the previous day, trading around 1.3500 during the Asian hours on Wednesday. The currency pair continues to hold its losses as the US Dollar (USD) gains strength ahead of a crucial inflation report. Investors are watching this upcoming reading closely, as it is expected to play a major role in shaping the…
2026.08.11 2026.08.12 Weekly Economic Calendar for 17.08.2026–23.08.2026 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ The release of the July FOMC minutes on Wednesday will be the key event for markets during the week of August 17–23, 2026. Market participants will also review key macroeconomic data from China, Germany, the US, New Zealand, the UK, and Canada, as well as the outcome of the People’s…
GBP/NZD is showing early signs of stabilization after its sharp July pullback, with the latest downswing forming a higher swing low and price beginning to recover. Momentum is also improving as the MACD line crosses above the signal line, suggesting selling pressure may be starting to fade. The key question now is whether buyers can build on this shift…
Reuters Tankan hits highest manufacturing reading since March on chip boom !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
USD/JPY trades just beneath 159.50 on Tuesday August 11, effectively unchanged inside a 47-pip range, wedged between a reclaimed 200-day moving average near 158.00 and a declining 50-day near 160.50. The operation that put it down here was the largest on record, run across July 30 and July 31, and a little over half of what it delivered has…
2026.08.11 2026.08.11 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 11.08.2026 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 is expected to rise in the final part of correction 4. Consider long positions with a Take Profit…
