Who’s ready to trade the U.K.’s inflation reports? Our Event Guide for the U.K. CPI suggests that the April numbers could come in line or slightly hotter than markets are expecting, which could revive hawkish Bank of England (BOE) speculations. But if the report disappoints, or if the overall reaction turns bearish for the British pound, GBP/USD and GBP/AUD…
FUNDAMENTAL OVERVIEW Oil prices continue to range around triple digit levels as the prolonged US-Iran stalemate keeps traders on edge. This situation is unlikely to change until we get a real breakthrough in negotiations and the reopening of the Strait of Hormuz, or the war restarts. Yesterday, we had Iranian reports saying that the US would propose a temporary…
The US Dollar (USD) recovers on Tuesday after a sharp corrective move the previous day amid firm expectations that the Federal Reserve (Fed) will not cut interest rates this year. As of writing, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades 0.23% higher to near 99.18. The DXY corrected to near 98.94…
2026.05.19 2026.05.19 US Dollar Advances Amid Rising Fed Hike Expectations. Forecast as of 19.05.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The US economy can withstand higher interest rates, unlike its European and Asian counterparts. Combined with a decline in global risk appetite, this provides a compelling argument for buying the US dollar. Let’s analyze the situation and develop a trading plan for the…
CAD/JPY looks like it just pulled off a solid bounce from a key trend support zone. Can the bulls keep the comeback going this week?
It looked like risk sentiment was bound to take a big knock yesterday but not for some mix of headlines to start the week. First, we had Iranian media saying that the US is to propose a temporary waiver to sanctions. That helped to bring risk trades off their lows before the news was denied by US officials later…
USD/CHF recovers its recent losses registered in the previous day, trading around 0.7860 during the Asian hours on Tuesday. The pair appreciates as the US Dollar (USD) draws support from expectations of a more hawkish outlook from the US Federal Reserve (Fed). The yield on the benchmark 10-year US Treasury note jumped to 4.659% in overnight trading, its highest…
The U.K. CPI report lands just after the jobs release, and hotter than expected data could be enough to revive a hawkish BOE bias. Our Event Guide for the U.K. CPI notes that business PMI surveys have reported rising input costs in April, potentially leading to a slight upside surprise. Here’s what I’m watching on GBP/CHF and EUR/GBP in…
Japan’s economy minister Kiuchi cited strong wage momentum and improving job conditions underpinning a moderate recovery, while pledging nimble government action to address Middle East conflict risks. Earlier: Summary: Source: Japanese Economy Minister Kiuchi, public remarks, 18 May 2026. Kiuchi described momentum in this year’s wage negotiations as strong, with job market conditions also improving Government policy steps are…
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $101.85 during the early Asian trading hours on Tuesday. The WTI price declines after US President Donald Trump said he was holding off a military attack on Iran planned for Tuesday at the request of Gulf states. Bloomberg reported on Monday that Trump said that he’d called off a…
