Geopolitics remain the focus for traders.
investingLive Americas FX news wrap 24 Jul: Geopolitics remain the focus for traders. !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
investingLive Americas FX news wrap 24 Jul: Geopolitics remain the focus for traders. !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
DBS Group Research economist Chua Han Teng argues that Malaysia’s financial markets reflect confidence in the country’s solid domestic fundamentals despite lingering Middle East geopolitical risks. The Malaysian Ringgit has outperformed regional peers, government bond yields remain stable, and resilient growth data have led DBS to upgrade its 2026 real GDP forecast to 5.2% from 4.7% previously. Ringgit strength…
2026.07.24 2026.07.24 XAU/USD: Elliott Wave Analysis and Forecast for 24.07.26–31.07.26 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 the level of 3,941.85. with a target of 4,900.00–5,610.00. A buy signal: the price holds above 3,941.85. Stop Loss: below 3,875.00, Take Profit: 4,900.00–5,610.00. Alternative scenario: Breakout and consolidation below the…
Trump’s temporary tariffs expired at midnight Friday. New ones landed in the same instant. Same wall, different bricks. The United States now taxes imports from 60 trading partners at rates between 10% and 12.5%. Count the European Union’s members separately, and that group covers more than 80 countries. The administration calls it a forced-labor crackdown. Traders should read it…
US and the UK planning on having a meeting on protecting shipping in the Strait of Hormuz !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
Scotiabank strategists Shaun Osborne and Eric Theoret say broad US Dollar (USD) gains are moderating as United States (US) yields retreat and risk appetite improves after a tech-led selloff. High-beta currencies outperform while Euro (EUR) and British Pound (GBP) edge higher but fail to fully exploit positive data. Geopolitical tensions around Iran and upcoming Federal Open Market Committee (FOMC)…
2026.07.24 2026.07.24 Is Crypto Dead? A 2026 Reality Check Maxim Tkachenkohttps://www.litefinance.org/blog/authors/maxim-tkachenko/ When Bitcoin collapsed from $69,000 to $16,000 in 2022, the market erupted. Articles and social media posts were everywhere. Panic spread quickly, investors rushed to sell, and everyone seemed to be talking about crypto. It was a brutal sell-off, so the reaction came as no surprise. This time,…
The European Central Bank kept its deposit facility rate (the rate the ECB pays commercial banks for overnight deposits, which anchors borrowing costs across the eurozone) at 2.25% on Thursday. Nobody was surprised. Markets had priced in a greater than 99% probability that the ECB would leave rates unchanged. Yet EUR/USD still slipped 0.28% to 1.1378 that day. That…
Reports from Iranian state-affiliated news agencies Fars and Tasnim said explosions were heard in Saudi Arabia early Friday. Fars claimed a drone struck logistics warehouses used by the U.S. Army, while Tasnim separately reported explosions in the kingdom without providing additional details. As of now, there has been no confirmation from Saudi officials, the U.S. military, or other independent…
Canada Industrial Product Price (MoM) came in at -1.4% below forecasts (-0.4%) in June