The EUR/USD pair surrenders a majority of its early gains and flattens around 1.1415 during European trading hours on Monday. The major currency pair falls back as the US Dollar (USD) recovers half of its early losses. At the time of writing, the US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, 0.15% lower to…
2026.03.16 2026.03.16 US Dollar Flirts With New Yearly High. Forecast as of 16.03.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The Middle East conflict was expected to end quickly. As a result, the US dollar, oil prices, and Treasury yields should have fallen, while the S&P 500 index was projected to rise. However, the third week of the conflict is throwing a wrench into…
Is another RBA interest rate hike in the cards? And what does the central bank have in mind when it comes to future tightening? Here’s what to look out for in the upcoming RBA decision.
But no one will answer. In a desperate attempt to try and “fix” this whole mess of a situation, US president Trump has called for allies to step in and help with the Strait of Hormuz de facto closure. His suggestion is for the countries affected to send their own warships to help escort ships through the strait. In…
US President Donald Trump warned that the North Atlantic Treaty Organization (NATO) faces a “very bad” future if US allies fail to assist in opening up the strait of Hormuz, the Financial Times reported on Monday. Trump further stated on Sunday that he has demanded about seven countries send warships to keep the Strait of Hormuz open, but his appeals…
Cable has been cruising lower inside a descending channel, and it looks like another bearish correction is in the works. Is the trend still our friend? Check out these potential resistance zones on the 4-hour time frame! GBP/USD 4-hour Forex Chart Faster with TradingView Persistent risk-off flows stemming from the ongoing US-Iran war have been propping the safe-haven U.S….
China’s industrial output, retail sales and investment beat expectations early in 2026, but the property sector remained deeply in contraction. Summary: China’s industrial output rose 6.3% y/y, beating forecasts of 5.0% and accelerating from December’s 5.2%. Retail sales increased 2.8% y/y, above the 2.5% forecast and up from December’s 0.9%. Fixed-asset investment rose 1.8% y/y versus expectations for a…
US President Donald Trump said on Monday that he is discussing with other countries about policing the Strait of Hormuz, adding that Israel is collaborating with the US on securing the vital shipping route. Key quotes They want to negotiate badly yet I don’t think they are ready. We are discussing with other countries about policing the Strait of…
Trump says the U.S. is striking Iranian drone sites and seeking international help to secure the Strait of Hormuz, though details of any coalition remain uncertain. Summary: Trump said Iran wants negotiations but is not yet ready to engage. The U.S. claims it is striking Iranian drone manufacturing facilities. Washington is discussing Hormuz security arrangements with seven countries. Trump…
The war in the Middle East intensified over the weekend, leading to opening gaps across the FX board. In the case of the USD/JPY pair it gapped marginally lower and trades around 159.50, following weekend comments from Japanese Finance Minister Satsuki Katayama, who expressed concerns over the recent sharp depreciation of the Japanese yen, and pledged to closely monitor…
