Gold edges lower as rising oil prices bolster Fed hike bets

Gold (XAU/USD) attracts some sellers after failing to find acceptance above the $4,100 mark the previous day, though it holds above the $4,000 psychological mark during the Asian session on Wednesday. Despite soft US Consumer Price Index (CPI) data, investors remain worried about energy-driven inflation as escalating US-Iran tensions and the closure of the Strait of Hormuz remain supportive…

Read more

Euro gathers strength above 1.1400 after soft US inflation data

The EUR/USD pair gains ground to near 1.1425 during the early Asian trading hours on Wednesday. The US Dollar (USD) weakens against the Euro (EUR) as softer-than-expected US inflation data temporarily eased pressure on the Federal Reserve (Fed). Traders will take more cues from the US Producer Price Index (PPI) report, which is due on Wednesday.  US inflation, as…

Read more

Forex Economic Calendar Overview: Key Events for the Next Trading Week (20.07.2026–26.07.2026)

2026.07.14 2026.07.15 Weekly Economic Calendar for 20.07.2026–26.07.2026 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ The US dollar remains the market favorite, supported by continued positive macroeconomic data from the US, the Fed’s moderately hawkish stance, and ongoing tensions in the Middle East. During the upcoming trading week of July 20–July 26, 2026, market participants will evaluate key macroeconomic data from Canada, New Zealand, the…

Read more

Downward bias holds within tight range against US Dollar – UOB

United Overseas Bank’s Quek Ser Leang and Lee Sue Ann note that USD/SGD stayed firm on Monday, closing at 1.2945 after trading between 1.2906 and 1.2950, with the Singapore Dollar (SGD) Nominal Effective Exchange Rate (NEER) holding 1.68% above its mid-point. They see short-term upward momentum building, but expect gains to be capped below 1.2990, with support around 1.2935/1.2920…

Read more

US Dollar Poised to Gain Ahead of CPI Report. Forecast as of 14.07.2026

2026.07.14 2026.07.14 US Dollar Poised to Gain Ahead of CPI Report. Forecast as of 14.07.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The escalation of the conflict in the Middle East, the rally in Brent crude, and the associated increase in the likelihood of a Fed rate hike are supporting EUR/USD bears. Likewise, the Fed’s hawkish rhetoric is helping them. Let’s analyze the situation…

Read more