The Pound Sterling retreats somne 0.27% on Monday as the Greenback recovers some ground, as the US pauses strikes on Iran, and as both parties resume negotiations aimed at securing a rapid deal. The GBP/USD trades at 1.3439, after reaching a daily high of 1.3506. GBP/USD retreats as stronger US ISM Manufacturing PMI, UK fiscal concerns and easing Oil…
2026.08.03 2026.08.03 What Is an ICT Rejection Block and How to Trade It? Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ The ICT Rejection Block is a price action pattern employed in the Inner Circle Trader (ICT) and Smart Money Concepts (SMC) trading methods. It is defined by a candlestick with a prominent wick. Since the pattern is easy to identify and comes with clear…
Instead of taking responsibility for a bad trade, we blame the market, our broker, and even the cat outside the window. Are you guilty of these habits?
US has made a concession to Iran on Hormuz but Iran won’t open until the war is over !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
ING’s Chris Turner highlights rare joint US-Japan FX intervention, with Washington participating via the Fed and Japan using the FIMA repo facility to raise Dollars against Treasuries. He argues the action does not alter fundamentals of a near-hiking Fed versus loose Japanese policy, and doubts USD/JPY can be driven sustainably below 155, seeing intervention mainly as a cap on…
2026.08.03 2026.08.03 US, Japan, and South Korea Join Forces to Support Yen. Forecast as of 03.08.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Over the past few weeks, the USD/JPY pair has been trading amid concerns about potential currency interventions. Eventually, the Forex market saw them happen. The coordinated intervention was meant to further temper speculators. Let’s discuss this topic and develop a trading…
Japan’s suspected yen intervention sparked the rally, but BOJ guidance may matter more for whether the currency’s gains can last.
Trump’s Iran deal claims lift gold, but markets remain skeptical !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
lmportant news this week: Mon, 03rd Aug, 16:00 CET US ISM Manufacturing PMI. Wed, 05th Aug 00:45 CET NZ Unemployment Rate. Fri, 07th AUg 14:30 CET US NFP Report. Fri, 07th Aug 14:30 CET CA Unemployment Rate. ISM data in focus as Weaker Dollar supports equities The new trading week has started on a positive note, with the US…
2026.08.03 2026.08.03 US Dollar Falls After US-Japan Yen Intervention. Forecast as of 03.08.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The market has a long memory. Whenever comparisons are made to the 1985 Plaza Accord, expectations of coordinated intervention tend to spark selling of the US dollar—not only against the Japanese yen, but across a broad range of global currencies. Let’s examine the situation…
