The SNB is stepping up its intervention talk, putting franc pairs like EUR/CHF back in focus. Will that be enough to push the pair toward a key area of interest? Here’s what we’re seeing on the daily chart: EUR/CHF Daily Forex – Chart Faster with TradingView In case you missed it, SNB Chairman Martin Schlegel ramped up his currency…
Australia’s February CPI showed modest cooling, but inflation remains above target and the data predates a sharp energy-driven inflation shock, leaving risks tilted to the upside. Summary: Australia February CPI cooled slightly to 3.7% y/y (vs 3.8% prior/exp). Monthly CPI flat at 0.0% m/m, down from 0.4%. Trimmed mean came in soft m/m at 0.2% (vs 0.3% exp), y/y…
The Australian Bureau of Statistics (ABS) will release the Consumer Price Index (CPI) for February on Wednesday at 00:30 GMT, with inflation expected to hold steady at 3.8% YoY and come in flat on a monthly basis. This release comes as the Reserve Bank of Australia (RBA) has already raised its key rate to 4.10%, highlighting concerns over persistent…
2026.03.24 2026.03.24 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 24.03.2026 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 last part of impulse 5 appears to be developing. Consider short positions with Take Profit at 60,915.12. XRPUSD: The price…
Markets spent Tuesday navigating three conflicting narratives around the US-Iran conflict: Trump’s ongoing claims of productive peace negotiations, Iran’s publicly combative online messaging, and fresh US troop deployments to the Middle East that suggested potential escalation. Equities pared a drop that earlier approached 1% as reports surfaced of possible high-level peace talks as soon as Thursday, though Tehran had…
Ceasefire speculation between the US and Iran has become more complex, with uncertainty over Israel’s support and Iran pushing for a broader agreement, even as a detailed 15-point proposal is reportedly already in play. Summary: Oil remains headline-driven as ceasefire speculation evolves. NYT reports uncertainty over whether Israel supports the proposal. Iran signalled it wants a comprehensive ceasefire, not…
The US Dollar Index rose about 0.3% on Tuesday, recovering to around 99.40 after Monday’s sharp sell-off to a near two-week low. The session produced a steady grind higher from an early dip close to 99.10, with price pushing to about 99.60 in afternoon trade before pulling back slightly into the close. The reversal mirrored the broader risk recalibration…
2026.03.24 2026.03.24 Who Is the Richest Person in Iran? Top Iranian Billionaires Alan Tsagaraevhttps://www.litefinance.org/blog/authors/alan-tsagaraev/ In a world where economic landscapes are constantly evolving, Iran stands out with a distinctive economic model despite sanctions and internal pressures. Its business elite has emerged at the intersection of state influence, religious structures, and private enterprise. Who are these people who have managed…
With the BOE leaning towards tightening policy to combat oil-related price pressures, will the upcoming CPI report be enough to convince traders that a rate hike is imminent? Expectations are for the headline and core readings to hold steady, but underlying metrics and leading indicators might tell the real story. Here’s what to look out for.
The U.S. Treasury will auction off 2-year notes at the top of the hour. The auction is the 1st of 3 coupon auctions this week. Tomorrow the treasury will auction off of 5 year notes and on Thursday 7 year notes. Below are a review of the major components that the market will compare the actual results to the…
