USD/JPY set for highest weekly close since 1986

I thought we might see some real currency intervention today after Japanese Finance Minister Katayama said he was prepared to take ‘decisive action’ on speculative moves in the yen. That comment caused a quick fall to 161.00 from 161.70 but the pair soon rebounded to 161.30 and it’s traded there since. If we finish around those levels, today will…

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Did the market buy the Iran deal twice?

Brent is back near $80 and West Texas Intermediate near $77, which means the Oil market has handed back almost the entire premium it built over nearly four months of open war with Iran. The tape is treating this week’s US-Iran memorandum as a finished peace: Blockade lifted, Strait of Hormuz reopening, Iranian barrels cleared to sell, equities at…

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Warsh Deals Gold a Surprise Blow. Forecast as of 19.06.2026

2026.06.19 2026.06.19 Warsh Deals Gold a Surprise Blow. Forecast as of 19.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The direction of gold prices depends heavily on the US dollar and Treasury yields. In turn, both are shaped by the Fed’s interest rate decisions and inflation. Where are consumer prices headed? How quickly will they decline? And how will the XAU/USD pair respond? Let’s examine these factors…

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Uptrend intact as bulls eye 1.4200

The USD/CAD pair rises during the North American session, up 0.27% on Friday and over 1.34% for the week, with the pair remaining upward-biased and set to test higher prices seen last year. At the time of writing, the pair trades at 1.4175, after bouncing off daily lows of 1.4131. USD/CAD Price Forecast: Technical outlook Price action shows a…

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XAU/USD: Elliott Wave Analysis and Forecast for 19.06.26–26.06.26

2026.06.19 2026.06.19 XAU/USD: Elliott Wave Analysis and Forecast for 19.06.26–26.06.26 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 4,030.85 with a target of 4,900.00–5,610.00. A buy signal: the price holds above 4,030.85. Stop Loss: below 3,960.00, Take Profit: 4,900.00–5,610.00. Alternative scenario: Breakout and consolidation below 4,030.85 will allow the…

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Questions are creeping in about AI usefulness and spend

The party can’t last forever. Friday’s rally in stock markets — particularly in chip stocks — surprised me. The Fed was hawkish and stock market sold off during the FOMC press conference as bonds priced in a more-hawkish rate path. That all made perfect sense but then stocks immediately turned after the close and hit records on a few…

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