2026.10.16 2026.10.16 Gold Rewards Patient Investors. Forecast as of 16.10.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ One might expect accelerating US inflation to put gold under heavy pressure. However, after an initial drop, the precious metal rebounded sharply as Treasury yields fell. Let’s discuss this topic and outline a trading plan for XAU/USD. The article covers the following subjects: Major Takeaways Gold has…

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September 2025 was a $198B surplus Outlays $585B vs $346B a year ago Receipts $558B vs $544B a year ago FY2026 deficit $1.992 trillion vs $1.775T in FY2025, the largest in five years FY2026 gross interest on the debt: record $1.36T, up $144B (12%) Interest is now the main driver of the deficit. The $144B rise in interest costs…

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Ethereum (ETH) declined 1% on Friday, briefly dropping below $2,400 following rising Oil prices. Brent Crude has jumped 3.6% to 109.7 at the time of writing, reaching its highest level since May. The spike in Oil prices has pressured risk assets, with cryptos declining alongside equities, highlighting increasing correlation between the two asset classes. The crypto market is down…

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2026.10.16 2026.10.16 GBP/USD: Elliott Wave Analysis and Forecast for 16.10.26–23.10.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Once the correction has been completed, consider short positions below the level of 1.3350 with a target of 1.2938–1.2745. A sell signal: the local correction ends and the price holds below 1.3350. Stop Loss: above 1.3395, Take…

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It will be another weekend of pain at the fuel pumps. WTI crude oil is finishing the week at the highest since September 21 and back over $100 per barrel. WTI last trade up $3.33 to $101.30. Brent crude also touched $110 for the first time since May. The strong rally to $101 from $98 in the final hours…

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The New Zealand Dollar ended the week on a higher note against the US Dollar, up 0.55% to 0.5652, as the Greenback weakened amid investors’ skepticism about a Fed hike in October despite the US docket featuring red-hot inflation. NZD/USD closes higher as October Fed hike skepticism shifts attention toward NZ inflation US data revealed on Friday was mostly…

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2026.10.16 2026.10.16 USD/JPY: Elliott Wave Analysis and Forecast for 16.10.26–23.10.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 158.93 with a target of 151.76–148.92. A sell signal: the price holds below 158.93. Stop Loss: above 159.53, Take Profit: 151.76–148.92. Alternative scenario: Breakout and consolidation above the…

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Hot U.S. inflation data lifted the dollar only briefly, oil climbed about 7.8% and topped $100, chip stocks dragged the S&P 500 lower, and the Aussie slid.

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investingLive Americas market news wrap: Nasdaq sinks and oil jumps !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}

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OCBC strategists Sim Moh Siong and Christopher Wong highlight that Taiwan Dollar (TWD) has extended losses on heavy foreign equity outflows, partly retracing into the Asian close amid talk of CBC leaning against depreciation. They stay somewhat cautious, suggesting any sustained TWD recovery will require improved underlying flows, with CBC smoothing only likely to contain excessive volatility rather than…

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