The EUR/GBP cross gathers strength to around 0.8650 during the early European trading hours on Wednesday. The British Pound (GBP) weakens against the Euro (EUR) following the UK inflation report for May. The attention will shift to the UK employment data and the Bank of England (BoE) interest rate decision later on Thursday. Data released by the Office for…
Trend traders huddle up! GBP/AUD looks ready to extend its month-long uptrend after bouncing from a key Fib support zone. Can the pair build enough momentum to hit fresh June highs in the next few days? GBP/AUD 4-hour Forex Chart Faster with TradingView The Reserve Bank of Australia (RBA) kept rates at 4.35% on Tuesday, but Governor Bullock’s hawkish…
While the US and Iran looks to try and finalise the text and terms of their framework agreement for a ceasefire, markets will have to divert their attention at least for a day. The Fed game is back in town and that will keep things interesting, especially with the latest developments in the Middle East. No change to the…
The People’s Bank of China (PBOC) Governor Pan Gongsheng said on Wednesday that the central bank would act if the money market overnight rate persistently deviates from operation rates. Additional quotes To adjust the temporary overnight reverse and outright repurchase agreement time to 3-3:30 pm. Meant to ensure flexible and efficient use of temporary overnight reverse and outright repurchase…
2026.06.16 2026.06.17 Weekly Economic Calendar for 22.06.2026–28.06.2026 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ The coming week wraps up the month, the quarter, and the first half of the year. That combination often brings extra volatility as investors rebalance their portfolios. During the week of June 22–28, 2026, traders will be keeping a close eye on key economic data from Canada, Germany, the Eurozone,…
All eyes and ears are on new Fed head Kevin Warsh’s first FOMC decision! Will he drop hints about future Fed moves or reiterate a data-dependent view? Here’s what to look out for in this top-tier event.
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that remains one of the most closely watched signals in Asian foreign exchange markets. China operates a managed floating exchange rate system, under which the renminbi (yuan) is allowed to trade within a prescribed band…
Gold price (XAU/USD) holds positive ground around $4,335 during the early Asian session on Wednesday. The precious metal rebounds from its lowest levels of the year, which reached last week after the United States (US) and Iran had agreed on a framework deal to end the war. All eyes will be on the US Federal Reserve (Fed) interest rate…
Tuesday played a wild card: the Iran deal firmed, crude cracked to ~$76 through every level we’d drawn, and the BOJ hiked — the reset before Wednesday’s Fed.
Markets: S&P 500 down 0.6% Nasdaq down 1.1% WTI crude oil down $4.12 to $76.63 US 10-year yields down 3 bps to 4.44% EUR leads, CHF lags Gold up $26 to $4333 Oil continued to plummet on Tuesday as it fell another $4. After the bell, the API private inventory numbers showed another huge drawdown in oil supplies and…
