The GBP/USD pair trades with mild gains near 1.3200 during the early European session on Friday. The British Pound (GBP) strengthens against the US Dollar (USD) as markets focus on who might become finance minister under Andy Burnham, and the latest US inflation data has softened expectations for US rate hikes. UK Finance Minister Rachel Reeves is expected to…
If you tried to follow tech headlines this week and came away confused, then you were paying attention. Trillion-dollar companies moved by hundreds of billions of dollars in a matter of days. But once you see the underlying pattern, the chaos resolves into one clean story: the AI trade split in half, and the two halves went in opposite…
Summary: Asian equities are getting hammered after the New York Times reported OpenAI is leaning toward delaying its IPO until 2026, triggering a broad tech selloff across the region The Nikkei is down around 4.5% with SoftBank falling 12% or more, as CEO Masayoshi Son’s heavily publicised bet on OpenAI comes under pressure The KOSPI dropped as much as…
The NZD/USD pair trades in negative territory for the eighth consecutive day near 0.5635 during the Asian trading hours on Friday. The New Zealand Dollar (NZD) has faced some selling pressure near the lowest level since late November 2025 on tensions in the Middle East and Federal Reserve (Fed) rate hike expectations. The US Personal Consumption Expenditures (PCE) Price…
Micron’s blowout outlook lifted chipmakers while an Apple-led megacap selloff dragged the S&P 500 lower. Crude jumped on Hormuz tension, and the dollar finished a net underperformer.
An Iraqi exit would remove the world’s sixth-largest crude producer from the cartel’s output discipline framework and, combined with the UAE’s departure in May, would leave Saudi Arabia increasingly isolated as the group’s enforcer. Mizuho’s Robert Yawger puts a sub-$50 floor scenario on the table if producers begin racing for market share without coordination, a level not seen since…
Gold price (XAU/USD) declines to around $4,020 during the early Asian session on Friday. The precious metal extends the decline as traders have ramped up bets of a US rate hike. The Michigan Consumer Sentiment Index report is due later on Friday. Also, Federal Reserve (Fed) New York President John Williams and Fed Bank of Minneapolis President Neel Kashkari are…
2026.06.25 2026.06.25 Short-Term Analysis for Oil, Gold, and EURUSD for 25.06.2026 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Oil prices continue to decline. The article…
NZD/JPY has flashed a bullish Stochastic crossover in oversold territory, hinting that downside momentum may be starting to ease. Will price confirm the turn with follow through, or will the bounce fail and the downtrend continue?
NYT reports the firm now looking to 2027 for its IPO. Nasdaq had the sads on Thursday: US stocks close mixed with the Dow modestly higher. The S&P was unchanged. The Nasdaq fell This article was written by Eamonn Sheridan at investinglive.com.
