Reserve Bank of India is likely to have intervened to sell USD/INR, support rupee
Intervention rumours on this move. This article was written by Eamonn Sheridan at investinglive.com.
Intervention rumours on this move. This article was written by Eamonn Sheridan at investinglive.com.
The GBP/USD pair gains traction to near 1.3290 during the Asian trading hours on Thursday. The British Pound (GBP) strengthens against the US Dollar (USD) as the UK’s likely next Prime Minister, Andy Burnham, has eased market concerns by pledging strict fiscal discipline. The US Nonfarm Payrolls (NFP) data for June will take center stage later on Thursday. Burnham…
Oil tumbled on U.S.-Iran optimism as Fed Chair Warsh said inflation risks had eased at a central banking forum. Equities finished mixed, bitcoin led, and the dollar leaned modestly higher.
Regional equities here getting sold heavily. Posting this as background. – Record outflows from South Korea and Taiwan reflect index concentration risk rather than a broad risk-off shift, with long-only funds trimming winners to stay within diversification limits rather than exiting the region outright. The scale of selling, fastest in at least 16 years by LSEG data, raises the…
Gold price (XAU/USD) gains momentum to around $4,045 during the early Asian session on Thursday. The precious metal recovers from near seven-month low as traders assess fresh remarks from Federal Reserve (Fed) Chairman Kevin Warsh. All eyes will be on the US employment data for June, which is due later on Thursday. During the European Central Bank’s annual forum…
2026.07.01 2026.07.01 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 01.07.2026 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 markets continue to decline in line with our expectations. The article covers the following subjects: Major Takeaways BTCUSD: The price continues to decline in impulse 5. Consider short positions with…
AUD/USD shows oversold Williams %R, signaling a possible rebound or continued selloff. Will sellers confirm weakness and push lower, or will buyers stabilize price and trigger a bounce?
Rate markets have already pared back conviction on a July move, with hike odds slipping from above 80% a week ago to a range now clustering around the high 60s to 70%. The retreat in crude toward the high USD60s a barrel, down sharply from the roughly USD101 assumed in the RBNZ’s May projections, is the main swing factor,…
Michael Wan at MUFG reports that China’s manufacturing and non-manufacturing PMI data surprised on the upside, easing fears of imminent policy easing. He notes that a recent PBOC overnight reverse repo carried a lower-than-expected coupon, but argues that China’s operational monetary policy target will not immediately shift to the overnight rate, with the 7‑day reverse repo rate remaining the…
2026.07.01 2026.07.01 Short-Term Analysis for Oil, Gold, and EURUSD for 01.07.2026 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Yesterday, gold tested the resistance A of…