FUNDAMENTAL OVERVIEW Silver broke down last week as continued escalations in the Strait of Hormuz and hawkish Fed expectations after the strong NFP raised real yields and tightened financial conditions. Everything changed on Thursday when Trump cancelled his planned attacks on Iran and announced a deal with confirming reports from the Iranian side. This surprising breakthrough triggered a strong…
UOB Global Economics & Markets Research highlights that Gold advanced as expectations for another Fed hike this year eased following an interim US-Iran peace deal that pushed Oil and inflation expectations lower. Spot Gold hit its highest level since early June, while US Gold futures also edged higher, reflecting demand for the metal as yields and inflation fears moderated….
2026.06.17 2026.06.17 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 17.06.2026 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 price is rising in the third part of a bullish correction. Long trades can be opened with a target…
Will the BOE’s June decision keep pound traders in wait-and-see mode, or will a surprise vote split give Sterling something bigger to work with?
I see at least one more rate increase It’s important to cap inflation expectations ECB’s Simkus expects the central bank to deliver at least one more rate hike to lean against inflation risks and make sure inflation expectations remain in check. According to Simkus, there’s still enough upside risk for inflation to justify additional policy tightening amid broadening price…
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,…
