Gold prices fell in India on Wednesday, according to data compiled by FXStreet. The price for Gold stood at 12,397.88 Indian Rupees (INR) per gram, down compared with the INR 12,536.40 it cost on Tuesday. The price for Gold decreased to INR 144,611.40 per tola from INR 146,222.10 per tola a day earlier. Unit measure Gold Price in INR…
Can an upbeat employment release revive expectations for further RBA tightening? Here’s what I’m looking at on AUD/CHF and AUD/NZD in this scenario.
Westpac’s retention of its August hike call, grounded in a trimmed mean trajectory pointing to 3.8% by end of Q2, puts it at the more hawkish end of the bank forecaster spectrum following Wednesday’s data. The distinction the bank draws between pass-through that can unwind, as postal costs demonstrated in May, and pass-through that is likely to prove sticky,…
NZD/USD continues its losing streak for the sixth consecutive day, trading around 0.5660 during the Asian hours on Wednesday. The pair weakens as the US Dollar (USD) gains ground in a highly complex geopolitical landscape. Traders are carefully navigating conflicting signals regarding a potential United States (US)-Iran diplomatic breakthrough. While US President Donald Trump stated that Iran had “fully…
2026.06.23 2026.06.24 Weekly Economic Calendar for 29.06.2026–05.07.2026 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ During the trading week of June 29–July 5, 2026, market participants will focus on the release of key macroeconomic data from China, Germany, the Eurozone, the US, Australia, Japan, the UK, and Switzerland. Particular attention will be paid to the US June employment report, which will be released on Thursday,…
EUR/USD breaks below the 1.14 area as selling pressure intensifies. Could buyers step in, or will the downtrend continue?
The Deutsche Bank revision lands at a moment when gold is already losing its traditional safe-haven narrative to a more powerful counter-force: a Fed that is not cutting and may yet hike. With futures open interest at a 17-year low and ETF selling accelerating after the May payrolls print, there is no obvious demand catalyst on the horizon capable…
GBP/USD remains on the back foot in the latter part of Tuesday’s session, sliding to the sub-1.3200 area and challenging weekly lows. Cable’s decline comes as investors assess the political uncertainty in the UK, coupled with softer-than-expected UK PMI data and the better tone in the Greenback.
2026.06.23 2026.06.23 US Dollar Firms As Markets Eye PMI Data. Forecast as of 23.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The easing of geopolitical tensions has done little to diminish investor demand for the US dollar. The greenback continues to benefit from diverging monetary policy paths on either side of the Atlantic. While the Fed could deliver three rate hikes in 2026, the…
A tech-led risk-off and a Fed-driven dollar breakout overtook the plan two days early, before Thursday’s Core PCE. Updated scenarios, fresh levels for gold, oil, stocks, dollar, and Bitcoin, plus the PCE event plan inside.
