The Japanese yen just sank to its weakest level against the U.S. dollar since December 1986! USD/JPY pushed through 162.00 during Tuesday’s Asian session, reaching a level last seen when the Cold War was still in its final stretch. For traders, the real question now isn’t why the yen is this weak. It’s when Japan steps back in, and…
The oil market has moved quite a bit since the last decision Let’s see how lower oil percolates across the economy There has been some improvement in confidence but not to pre-war levels There hasn’t been fast rethinking of investors and consumers Oil price curve sees elevated levels in years ahead suggesting cost for economy ECB’s Chief Economist Philip…
Gold prices fell in Pakistan on Tuesday, according to data compiled by FXStreet. The price for Gold stood at 35,609.31 Pakistani Rupees (PKR) per gram, down compared with the PKR 35,865.88 it cost on Monday. The price for Gold decreased to PKR 415,385.80 per tola from PKR 418,332.60 per tola a day earlier. Unit measure Gold Price in PKR…
After days of recovery, CHF/JPY looks set to extend a weeks-long trend! Will the pair see bearish pressure in the next few days?
The bounce in new export orders to 50.1 offers some near-term support for China-exposed cyclical assets, but ING’s call for second-quarter GDP to slow to 4.6% year-on-year signals the headline PMI beat is unlikely to shift the broader growth narrative. The ex-factory price index slipping back into contraction at 48.2 is the more market-sensitive data point, raising fresh deflation…
The Reserve Bank of Australia (RBA) published the Minutes of its June monetary policy meeting this Tuesday, with the details below. Additional takeaways: RBA board noted housing market softer than expected amid rate increases, tax adjustments. Recent data varied, indicates economy slowing broadly as anticipated. RBA board agrees financial conditions are likely somewhat tight. Weakening housing market, anticipated slowdown…
Australia’s labor market swung back hard in May, printing a strong rebound over the dismal decline back in April and bringing the jobless rate down a notch to 4.4%. On the surface, this was a clear beat. Underlying figures, however, painted a different picture as part-time hiring accounted for the majority of the gains while hours worked fell. The…
A pre-December BOJ rate hike would accelerate yen appreciation pressure and tighten the interest rate differential with the Federal Reserve and ECB at a time when those central banks are themselves navigating uncertain policy paths. Japanese government bond yields would face upward pressure across the curve if the market begins to price an earlier move, with knock-on effects for…
Geoff Yu at BNY highlights that the PBoC’s new overnight liquidity tool was launched at 1.25%, below consensus and the seven-day reverse repo rate, sending a dovish signal. The facility aims to smooth short-end funding and cash market volatility. Government bond yields edged lower and USD/CNY slipped, as markets priced a modest easing in Chinese financial conditions. Short-end rates…
2026.06.29 2026.06.29 US Dollar Eyes Biggest Monthly Gain as Gulf Tensions Resurface. Forecast as of 29.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The EUR/USD pair has fallen due to diverging monetary policies, but the resumption of the conflict between the US and Iran could accelerate its decline. Demand for the US dollar as a safe-haven asset is likely to increase. Let’s discuss this…
