Chart Art: USD/CHF’s Rally Faces a Key Test Near .7900
The FOMC meeting minutes is up today! Think you’ve got your U.S. dollar setups locked and loaded? Check out USD/CHF’s potential resistance!
The FOMC meeting minutes is up today! Think you’ve got your U.S. dollar setups locked and loaded? Check out USD/CHF’s potential resistance!
BofA has upgraded its yen view to neutral from bearish and cut its end-2026 USD/JPY forecast to 152 from 157, citing improving structural flows and flagging three catalysts that could turn it outright bullish. Summary: The following is drawn from a Bank of America Securities research note: BofA has upgraded its yen view to neutral from bearish and cut…
The United Kingdom (UK) Office for National Statistics (ONS) will publish the high-impact Consumer Price Index (CPI) data for March at 06:00 GMT. With inflation pressure high on the agenda of the central banks, April’s CPI will be analysed by the market from a monetary policy perspective, providing further insight about the Bank of England’s (BoE) next steps. In…
2026.05.19 2026.05.20 Weekly Economic Calendar for 25.05.2026–31.05.2026 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ The week of May 25–31, 2026, marks the end of the month and rounds off the first half of the year. Market participants will be focused on key macroeconomic releases from the US, Australia, New Zealand, Japan, Canada, Germany, and China, as well as the Reserve Bank of New Zealand’s…
Canada‘s April inflation report showed headline CPI accelerating to 2.8% (y/y) — its fastest pace since May 2024 — as the U.S.-Iran war continued to drive gasoline prices sharply higher and last year’s carbon levy removal dropped out of the annual comparison. Statistics Canada reported that the consumer price index rose 0.4% (m/m) in April, lifting the annual rate…
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that remains one of the most closely watched signals in Asian foreign exchange markets. China operates a managed floating exchange rate system, under which the renminbi (yuan) is allowed to trade within a prescribed band…
Tuesday handed the Pound a labour market reading that was mixed enough to satisfy nobody. UK payroll data showed Average Earnings excluding bonuses cooling to 3.4% on the three-month-on-year measure, in line with consensus, while the Including Bonus figure ran hot at 4.1% against a 3.8% expectation. The Employment Change print was a chunky 148K, but the headline ILO…
NZD/USD trades near key support as Williams %R signals oversold conditions, raising the question of whether a rebound or further downside comes next.
ECB Governing Council member Kocher says a June rate hike is unavoidable if the Hormuz Strait remains closed, warning prolonged conflict will push eurozone inflation materially higher. Summary: Kocher said if the Hormuz Strait remains closed and the Middle East conflict continues, “there is no way around a rate hike” at the June 11 ECB meeting, according to Austrian…
BNY’s Bob Savage highlights growing stress across emerging Asian assets as higher U.S. yields, a stronger Dollar and Oil shock weigh on Indonesia, the Philippines and India. IDR has hit record lows amid downgrades and index removals, while EM bonds face rising inflation and funding costs. Policymakers respond with FX intervention and bond support, but vulnerabilities remain elevated. Record-low…