The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. Earlier: ING turns bullish on Chinese yuan, shifts USD/CNY forecast lower to 6.70–7.05 PBOC injects 500mn yuan via 7-day reverse repos in open market operates today. Unchanged rate of 1.4%. This article was written by Eamonn Sheridan at investinglive.com.
The EUR/USD pair trades with mild losses around 1.1655 during the early Asian session on Thursday. The Euro (EUR) softens against the US Dollar (USD) amid uncertainty surrounding the two-week ceasefire between the United States (US) and Iran. Reuters reported on Thursday that sporadic fighting continued in the Middle East, including in Lebanon. Iran officials cast that as violating…
Markets surged as US-Iran ceasefire sparked massive risk rally with oil plunging over 17%, equities jumping, and dollar retreating while significant geopolitical uncertainties lingered throughout Wednesday session.
RBNZ sees growth recovery if ceasefire holds, but inflation risks remain elevated. Summary: RBNZ Governor expects economic growth in 2026 High-frequency data shows early-year momentum improving March stable but April likely softer amid geopolitical tensions Growth outlook tied to Middle East ceasefire holding Fuel price decline seen as key support for recovery RBNZ held cash rate at 2.25% this…
The NZD/USD pair rallies sharply on Wednesday, boosted by a double whammy: The de-escalation of the Middle East conflict and hawkish remarks by the Reserve Bank of New Zealand (RBNZ) Governor, Anna Breman, following the bank’s monetary policy meeting. At the time of writing, the pair trades at 0.5816 after rebounding at daily lows of 0.5715. NZD/USD Price Forecast:…
2026.04.08 2026.04.08 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 08.04.2026 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: Expect a decline in impulse wave . Consider short positions with a Take Profit at 62,315.10. XRPUSD: A decline within the…
The RBNZ just turned hawkish and oil is sliding on ceasefire news — here’s the NZD/CAD confluence zone we’re watching for a potential long setup.
Statement from MB Ghalibaf: Statement on the violation of three key clauses of the 10-Point Proposal (Agreed Framework) before the start of the negotiations The deep historical distrust we hold toward the United States stems from its repeated violations of all forms of commitments — a pattern that has regrettably been repeated once again. As the President of the…
The Federal Reserve (Fed) will publish its Minutes from the March 18 meeting on Wednesday. The release should be less about the decision itself and more about the officials’ “no rush to cut” narrative. Let’s recall that the Fed matched consensus last month, leaving its Fed Funds Target Range (FFTR) unchanged at 3.50%-3.75%, although both the statement and the…
2026.04.08 2026.04.08 Trump’s Gambit Backfires on the Dollar. Forecast as of 08.04.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Escalate threats to the maximum, then step back to achieve the goal. Donald Trump used this tactic back during trade wars. Iran resisted for a long time but eventually gave in. Let’s discuss this topic and make a trading plan for EUR/USD. The article covers…
