OCBC’s Sim Moh Siong and Christopher Wong highlight that a more hawkish Federal Reserve and flatter US yield curve have replaced high Oil prices as the main support for the Dollar. Their new forecast sees EUR/USD at 1.11 and USD/JPY at 163 by year-end, with DXY projected to gain 2–3% and low-yielders like the Swiss Franc and Japanese Yen…
2026.06.29 2026.06.29 Yen Weakens Despite Intervention Fears. Forecast as of 29.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The Bank of Japan has stepped up its hawkish rhetoric, aiming to bring rates to a neutral level as quickly as possible. However, the government would prefer to see no changes. As a result, the yen is suffering. Let’s analyze the situation and develop a trading…
A weekend of tit-for-tat strikes between the U.S. and Iran blew a hole in the month-old ceasefire deal, putting WTI crude, gold, and the dollar back on edge heading into a jobs-heavy week. What Actually Happened? Let’s back up a few days to set the stage for what went down between the U.S. and Iran over the weekend. On…
Economic confidence 95.0 vs 94.0 expected Prior 93.5; revised to 93.7 Industrial confidence -7.7 vs -7.2 expected Prior -8.0; revised to -7.9 Services confidence 3.2 vs 3.0 expected Prior 2.2; revised to 2.6 That reflects a decent bounce in economic sentiment in the euro area, as per the survey by the European Commission. The good news here is that…
The Indian Rupee (INR) trades flat against the US Dollar (USD) after a long weekend on Monday. The USD/INR pair wobbles around 94.35 as investors await the outcome of talks between the United States (US) and Iran, scheduled on Tuesday in Oman, regarding peace near the Strait of Hormuz, a critical chokepoint to almost one-fifth of global energy supply….
2026.06.29 2026.06.29 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 29.06.2026 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 decline in impulse 5. Consider short positions with a Take Profit at the 57,926.00 low. XRPUSD: The second…
EUR/USD is testing a key long-term floor while the Fed chair and ECB president share the same stage this week. The pair has dropped sharply from its 2026 highs, and now it’s facing the same two forces that drove it lower in the first place: Fed hawkishness and a stronger dollar. At the same time, the charts are flashing…
It’s going to be a bit of a hectic week, and a holiday-shortened one at that, with US markets closing early on Thursday and then closing on Friday in the run up to Independence Day. As such, that will see a lot of things being crammed together over the next four days for markets. So, let’s take a look…
The US Dollar (USD) starts the week on a steady note, with the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trading calmly near 101.35. However, investors brace for high volatility in the counter as an array of United States (US) data is scheduled to be published this week, especially the Nonfarm Payrolls (NFP)…
GBP/USD has been cruising inside a descending channel with its lower highs and lower lows. Can it pull off another retracement to the channel top?
