US CPI and Warsh testimony to test the Dollar’s recovery

The upcoming week will bring a major test for the US Dollar (USD), with investors focusing on the United States Consumer Price Index (CPI), Federal Reserve (Fed) Chair Kevin Warsh’s congressional testimony and a broad set of activity indicators. China’s second-quarter Gross Domestic Product (GDP) and the Bank of Canada’s (BoC) interest-rate decision will also attract significant attention. The…

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EUR/USD: Elliott Wave Analysis and Forecast for 10.07.26–17.07.26

2026.07.10 2026.07.10 EUR/USD: Elliott Wave Analysis and Forecast for 10.07.26–17.07.26 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 1.1473 with a target of 1.1124–1.0892. A sell signal: the price holds below 1.1473. Stop Loss: above 1.1515, Take Profit: 1.1124–1.0892. Alternative scenario: Breakout and consolidation above the…

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Only one thing has driven FX markets this year

Deutsche Bank has a simple message for anyone trying to trade currencies on headlines this year: stop. A war in the Middle East, a leadership change at the Fed, wild swings in tech valuations — and none of it has mattered as much as one thing. The bank’s analysis shows yield has been the dominant driver of 2026 currency…

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CBC inflation risks support against US Dollar – Commerzbank

Commerzbank’s report on Taiwan notes that stronger inflation, with core CPI at 2.5%, is likely to push the CBC towards a more hawkish stance, including a possible 12.5 bp hike in H2. Despite robust AI-driven exports and firm domestic demand, USD/TWD has risen to 32.19, though analysts expect a potential pullback once seasonal dividend outflows fade. Hawkish CBC and…

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Can Gold Escape the Bear Market? Forecast as of 10.07.2026

2026.07.10 2026.07.10 Can Gold Escape the Bear Market? Forecast as of 10.07.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ A 20% decline from recent highs is generally considered the beginning of a bear market. Gold continues to suffer from elevated bond yields, fears of further Fed monetary tightening, and weaker support from central banks. Let’s discuss this topic and make a trading plan for…

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Lower high structure holds, bear’s eye $55.00

Silver price retreats on Friday during the North American session, edging down by 0.54%, weighed by high US Treasury yields and a sudden shift in market sentiment, after US President Trump revealed that the ceasefire is “over.” At the time of writing, the XAG/USD trades at $59.66. XAG/USD Price Forecast: Technical Outlook Silver is downward biased, as the market…

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USD/JPY: Elliott Wave Analysis and Forecast for 10.07.26–17.07.26

2026.07.10 2026.07.10 USD/JPY: Elliott Wave Analysis and Forecast for 10.07.26–17.07.26 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 160.35 with a target of 165.00–170.00. A buy signal: the price holds above 160.35. Stop Loss: below 159.80, Take Profit: 165.00–170.00. Alternative scenario: Breakout and consolidation below 160.35 will allow the…

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Why lower oil prices won’t lead to lower inflation just yet

Lower oil prices generally lead to lower consumer fuel prices … but not always. There is a risk that models are overly tied to oil prices and that’s leading to expectations of lower consumer and business prices but if you’ve seen the fuel pumps lately, you’d know that’s not the case. The large gap has President Trump threatening oil…

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Resilient GDP and strong NODX – DBS

DBS economists Radhika Rao and Mo Ji forecast Singapore’s advance 2Q26 Gross Domestic Product (GDP) growth at 5.8% year-on-year and 1.5% quarter-on-quarter seasonally adjusted, slightly below 1Q26 but still resilient. They cite strong manufacturing and wholesale trade on AI-related electronics demand, robust modern services and construction, and expect non-oil domestic exports to post a fourth consecutive month of double-digit…

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