Iranian oil tankers successfully passed through the Strait of Hormuz after the US lifted its naval blockade, marking one of the clearest signs yet that the Memorandum of Understanding (MoU) between the two countries is beginning to take effect. According to Iranian state-linked outlet ISNA, citing Deputy Foreign Minister officials, Iran confirmed that the US naval blockade restricting Iranian…
Eurozone ZEW Survey – Economic Sentiment came in at 9.5, above expectations (-7.2) in June
2026.06.16 2026.06.16 Short-Term Analysis for Oil, Gold, and EURUSD for 16.06.2026 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. The euro has failed to pierce the…
Gold tests resistance as Fed week, dollar strength, and Iran headlines threaten to decide whether the rebound has real legs.
Cannot reveal governor Ueda’s view But his broader view remains the same as he has discussed before Ueda’s hospitalisation is short-term, don’t see any impact on monetary policy conduct Well, it has only been about a week since Ueda took his leave of absence. So, it is a fair assumption to think that the decision today was already well…
The Indian Rupee (INR) opens firmly against the US Dollar (USD) on Tuesday. The USD/INR pair trades lower around 94.58 as lower oil prices due to the successive reopening of the Strait of Hormuz, following the signing of a peace deal between the United States (US) and Iran, and signs of improvement in sentiment of overseas investors towards the…
EUR/CAD has been cruising higher with rising lows connected by an ascending trend line. Is it due for another support test soon?
In May, the RBA raised the cash rate by 25 bps to 4.35% then signaled that they would be pausing here. As a reminder, the central bank has been one of the early movers in having raised interest rates since February. So far this year, they have delivered 75 bps of rate hikes. The decision there was not solely…
The Australian Dollar (AUD) faces further selling pressure against its major currency peers during the Asian trading session on Tuesday, sliding 0.16% to near 0.7060 against the US Dollar (USD). The Aussie pair was already under pressure since the beginning of Tuesday’s session after a three-day upside move, and has dropped after the release of the weak China data….
US and Iran agreed to reopen the Strait of Hormuz, sending Brent crude down 5% — but the deal isn’t signed and analysts warn peace is fragile.
