The Mexican currency appreciates to levels last seen in May 2024 as the USD/MXN falls to a two-year low as the US Dollar tumbles even though business activity in the services sector improved. The exotic pair trades at 16.92, down 0.22% for the week and 0.50% for the week. USD/MXN weakens on soft US Dollar and carry support On…
2026.08.21 2026.08.21 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 21.08.2026 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on Elliott Wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: Expect a decline in an impulse wave 5. Consider short positions with a Take Profit at 57,654.73. XRPUSD: The price may…
A surprise Treasury buyback ran the week off the board: the dollar broke to a three-month low while gold and Bitcoin took off. Lanes graded, levels rolled.
Brazilian President Luiz Inácio Lula da Silva and U.S. President Donald Trump held a phone call Friday, with trade and tariffs among the issues discussed. According to the Brazilian government: Lula and Trump held a phone call on Friday, discussing both the bilateral relationship and the broader global agenda. Lula reaffirmed the need for negotiations over tariffs between Brazil…
US Treasury yields continue their recovery following the announcement of a bond buyback by the US Department of the Treasury, while data reveal that business activity remains solid despite a slowdown in manufacturing. Yields rise as strong services activity offsets Treasury buyback support US Treasury yields across the whole curve rose, with the 2-year Treasury yield – the most…
2026.08.21 2026.08.21 US Dollar May Fall Prey to Fed–Treasury Clash. Forecast as of 21.08.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The US appears to be following in Japan’s footsteps. By attempting to control yields, the Treasury risks weakening the US dollar, as bond-market spreads may no longer support the greenback. Let’s examine these developments and develop a trading plan for the EUR/USD. The…
UK growth beat expectations while the labour market cooled hard and inflation reaccelerated to 2.9%. The Bank of England held in a narrower 6-3 vote than expected.
European shares are closing mostly higher on Friday, but the gains were not enough to erase losses for most of the major indices this week. The broader STOXX 600 is also on pace for a weekly decline as elevated bond yields and oil prices continue to weigh on sentiment. European closing levels: German DAX, +0.59% at 26,136.57 France’s CAC,…
The week in one sentence: Speculative positioning turned more constructive in the week to August 18. WTI recorded the largest increase, followed by a sharp narrowing in CAD net shorts. VIX and JPY positioning moved the other way, while Gold remained the clearest crowded long despite a softer spot price. WTI: Positioning rebounds with prices Speculative net longs in…
2026.08.21 2026.08.21 USD/CAD: Elliott Wave Analysis and Forecast for 21.08.26–28.08.26 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 1.3900 with a target of 1.3548–1.3400. A sell signal: the price holds below 1.3900. Stop Loss: above 1.3940, Take Profit: 1.3548–1.3400. Alternative scenario: Breakout and consolidation above the…
