Pound Gains Momentum After Political Shake-Up. Forecast as of 26.06.2026

2026.06.26 2026.06.26 Pound Gains Momentum After Political Shake-Up. Forecast as of 26.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The markets were bracing for a battle for the prime minister’s seat, but instead saw a quiet handover of power to Andy Bernham. Moreover, the new Labour Party leader does not plan to deviate from the old fiscal rules. This factor is supporting GBP/USD quotes….

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investingLive Americas FX news wrap 26 Jun: Greenback ends mixed, still higher for week

The U.S. dollar ended Friday slightly mixed but still posted a gain for the week as investors turned more cautious toward risk assets. The greenback came under pressure from falling U.S. Treasury yields, particularly at the short and intermediate maturities, and another sharp decline in crude oil prices as markets grew increasingly confident that Middle East tensions would not…

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AI-linked momentum but 2027 slowdown – HSBC

HSBC notes that Thailand’s 1Q26 growth beat expectations on the back of strong electronics exports and robust private investment and consumption, supported by AI-related activity and fiscal stimulus. However, non-AI sectors face Chinese competition, and consumption is expected to cool as subsidies fade. The bank upgrades 2026 growth but cuts its 2027 forecast and sees inflation easing below 2%….

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USD/JPY: Elliott Wave Analysis and Forecast for 26.06.26–03.07.26

2026.06.26 2026.06.26 USD/JPY: Elliott Wave Analysis and Forecast for 26.06.26–03.07.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above 160.55 with a target of 165.00–170.00. A buy signal: the price holds above 160.55. Stop Loss: below 160.00, Take Profit: 165.00–170.00. Alternative scenario: Breakout and consolidation below the level of 160.55…

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Crude oil settles the day/week at $69.23

Crude oil futures settled at $69.23, down $2.69 (-3.74%) on the day. For the week, prices fell nearly 8.5%, adding to losses of 10.4% the prior week and 6.6% the week before that. Since peaking at $119.48, crude has now declined 42.6%, underscoring the dramatic reversal in energy prices. Today’s low reached $68.56, putting the market within striking distance…

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Stabilizes on inflows after export miss – Commerzbank

Commerzbank’s Thailand section notes May exports rose 10.6% year-on-year, below consensus and sharply slower than April’s 23.1%, with agriculture shipments weak but electronics still resilient. The government forecasts exports to grow 8% in 2026 as front-loading fades. In FX, USD/THB fell 0.2% to 33.35 on strong bond and equity inflows, though THB remains one of Asia’s weakest currencies. Baht…

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WTI Crude Oil: Elliott Wave Analysis and Forecast for 26.06.26–03.07.26

2026.06.26 2026.06.26 WTI Crude Oil: Elliott Wave Analysis and Forecast for 26.06.26–03.07.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above the level of 68.75 with a target of 91.80–105.17. A buy signal: the price holds above 68.75. Stop Loss: below 67.00, Take Profit: 91.80–105.17. Alternative scenario: Breakout and consolidation…

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What the May 2026 Flash PMIs Are Saying About the Global Economy

The May 2026 flash PMI data reveal a fractured global economy: manufacturing holds up while services falter, and a war-driven inflation surge complicates the picture for central banks and forex traders alike. Let’s break down the numbers to see what they’re all implying about the global economy and its outlook. What Actually Is a Flash PMI? PMI stands for…

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