Qatar’s energy minister reports that 18 workers were killed at the enormous Ras Laffan LNG complex as it was restarting following the war. A portion of the facility was bombed by Iran during the war and that will take years to repair, leaving it at 80% capacity for an extended period. This was an accident though, the energy minister…
Canada’s inflation picked up pace in May, with the Consumer Price Index (CPI) rising 3.2% from a year earlier, above market expectations and up from the 2.8% increase recorded in April. On a monthly basis, prices rose 1.0%. Meanwhile, the Bank of Canada’s (BoC) preferred core measure, which excludes more volatile components such as food and energy, rose 2.2%…
2026.06.22 2026.06.22 Yen Can Move Mountains. Forecast as of 22.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Both the US and Japanese governments are seeking to place allies in key central bank positions to increase their influence. However, while Donald Trump has achieved limited success, Sanae Takaichi has been far more effective. Let’s discuss this topic and develop a trading plan for the USD/JPY pair. The…
The wheels have been set in motion already and with Streeting backing out, Burnham looks to be the uncontested favourite to take over as UK prime minister next. While GBP/USD has recovered a bit today as Starmer doesn’t drag on the political uncertainty, Credit Argicole is in with a quick take that a Burnham leadership may not necessarily be…
The NZD/USD pair drifts lower for the fourth consecutive day – also marking the sixth day of a negative move in the previous seven – and drops to its lowest level since April 8 during the first half of the European session on Monday. Spot prices currently trade around the 0.5725-0.5720 region and seem vulnerable to slide further amid…
2026.06.22 2026.06.22 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 22.06.2026 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 is likely to continue declining in impulse 5. Short trades can be opened with a target of 59,000.00. XRPUSD:…
Oil fell roughly 10% last week as markets were mainly focused on diplomatic progress, but the US-Iran agreement that drove that selloff is now fragile again, with the Strait of Hormuz re-closed and talks still underway in Switzerland. The question for this week is whether the peace process holds or cracks. Which direction could crude oil take as it…
EUROPEAN SESSION In the European session, we don’t have anything on the agenda so the price action will likely remain rangebound or the pullbacks that started during the Asian session extend further into the American session. We might also hear from a couple of ECB policymakers but the consensus is now to hold rates steady in July and delivering…
Gold prices rose in United Arab Emirates on Monday, according to data compiled by FXStreet. The price for Gold stood at 493.62 United Arab Emirates Dirhams (AED) per gram, up compared with the AED 490.74 it cost on Friday. The price for Gold increased to AED 5,757.57 per tola from AED 5,723.95 per tola on friday. Unit measure Gold…
GBP/CAD is pressing against a 1.8800 range ceiling it has failed to break through for nearly a year! Can the bulls finally punch through this time, or will today’s fundamental backdrop send this pair back toward the range floor? Check out the weekly time frame: GBP/CAD Weekly Forex Chart Faster with TradingView Sterling starts the week with a political…
