Geoff Yu reports that the RBNZ will keep its Monetary Policy Committee at six members ahead of the November election, after a split 3-3 vote in May where external members backed a hike. New Zealand building consents show softer monthly approvals but strong year-on-year growth, with elevated residential activity and weaker non-residential values, framing the backdrop for the July…
2026.07.02 2026.07.02 Pound Holds Steady as BoE Focuses on Inflation. Forecast as of 02.07.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The Bank of England has succeeded in bringing down inflation while also reducing expectations of further increases in the repo rate, weakening the pound. However, policymakers are now highlighting the risks of a renewed surge in consumer prices, providing fresh support for GBP/USD quotes….
Gold has dropped more than $1,600 from its January all-time high. The precious metal is now camped right at the 50% retracement of its entire multi-year rally, and today’s U.S. jobs report could determine if a bounce or break is due from the $4,000 area of interest. Check out these potential inflection points on XAU/USD.
FUNDAMENTAL OVERVIEW USD: The US dollar has been supported since the last FOMC decision but as the hawkish repricing reached a near-term peak, the momentum waned as traders shifted their focus to the key US data. Right now, the market is pricing in a 29% chance of a rate hike in July, which rises to 65% in September. I’m…
Silver prices (XAG/USD) rose on Thursday, according to FXStreet data. Silver trades at $59.92 per troy ounce, up 1.38% from the $59.10 it cost on Wednesday. Silver prices have decreased by 15.71% since the beginning of the year. Unit measure Silver Price Today in USD Troy Ounce 59.92 1 Gram 1.93 The Gold/Silver ratio, which shows the number of…
2026.07.02 2026.07.02 Crypto Swing Trading for Beginners Maxim Tkachenkohttps://www.litefinance.org/blog/authors/maxim-tkachenko/ Between 75% and 90% of beginners lose their trading capital trying to trade every day. Cryptocurrency swing trading offers an alternative: while some traders spend hours glued to one-minute charts, you can focus on capturing sustainable medium-term price moves. So, what is swing trading? If day trading is a sprint at…
EUR/NZD is testing a MAJOR support zone after Lagarde’s relatively hawkish remarks. Will this lead to EUR/NZD extending a weeks-long uptrend?
New financial channels that comply with laws and regulations are changing the way individual investors trade across markets. As the integration of digital assets and traditional financial markets accelerates, an increasing number of investors are seeking unified, automated solutions for cross-market trading and management. MoneySimpler has launched a free AI trading bot, providing users with zero-cost, standardized automated quantitative…
USD/JPY continues its downside after pulling back from 40-year highs, trading around 162.40 during the Asian hours on Thursday. The pair loses ground as the Japanese Yen (JPY) captures support from growing trader expectations of government intervention. According to Reuters, sources familiar with the matter indicate that Japanese officials are abandoning their traditional habit of telegraphing intervention risks. Instead,…
The Fed, ECB, BOE, and BOC agreed inflation is stubborn, but their policy paths now look very different for traders.
