Forex traders always harp about maintaining discipline and always following the trading plan. But while having discipline is a very important trait for a trader, we also have to be wary that if we’re too stuck in our ways, we’ll end up imposing our ideas on what the market should do instead of reacting to what is actually happening. All you…
US stock markets set to open mostly unchanged. Eyes on Meta after open model release !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
TD Securities strategists expect the Reserve Bank of Australia (RBA) to leave the cash rate unchanged at 4.35%, noting that policy is already restrictive and that Australian activity, particularly housing, is slowing in response to earlier hikes. They highlight that lower-than-expected Q2 trimmed mean Consumer Price Index (CPI) allows the RBA to pause in August, while also expecting only…
2026.08.10 2026.08.10 Yen Bears Struggle as Speculators Buy Every Dip. Forecast as of 10.08.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Speculators are quick to buy the dips in the USD/JPY pair at the slightest opportunity. It makes little difference what triggers the decline—whether it’s currency intervention or a weaker US dollar following disappointing employment data. Let’s take a closer look at the factors…
Will the RBA be ready to resume tightening anytime soon? This upcoming monetary policy statement might have some clues, so here’s what to look out for.
Missed the previous short on oil? Here’s the next trade idea to consider !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
Societe Generale’s Kenneth Broux reports that weaker US employment data and downward revisions have sharply reduced expectations for a September Fed hike, though one move remains priced for December. He notes the Dollar has extended losses as markets reassess the Fed’s dual mandate and the implications for bonds and FX. DXY is seen needing to defend its 200-DMA at…
2026.08.10 2026.08.10 Dollar Bears Regain Ground as Unemployment Falls and Iran Raises Tensions. Forecast as of 10.08.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Despite the decline in US employment in July, the EUR/USD rally was short-lived. The drop in the unemployment rate to 4.1% and Iran’s excessive demands allowed bears to recoup some of their losses. Let’s discuss this topic and develop a…
If the RBA emphasizes cooling inflation pressures, traders could scale back their rate-hike bets, dragging the Aussie lower against Sterling and the yen.
There is just one set to take note of on the day, as highlighted in bold below. That being for EUR/USD at the 1.1575 level. The expiries are sitting just on top of the 100-day moving average at 1.1567, so they will act as an additional layer for buyers to chew through on any upside extensions price action today….
