MUFG economists Lin Li, Michael Wan, Lloyd Chan and Khang Sek Lee outline a base case where the reopening of the Strait of Hormuz by end‑May eases pressures on Asian currencies. They see Asia growth softening near term but stabilizing in H2 2026, with inflation contained and most central banks keeping neutral‑accommodative stances. They also sketch an adverse scenario…
2026.05.08 2026.05.08 US Dollar Rises as Geopolitical Risks Overshadow Other Drivers. Forecast as of 08.05.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ At first glance, monetary policy divergence appears to be effective, even amid the crisis in the Middle East. However, the cautious stance adopted by central banks in a stagflationary environment is reshaping this key driver of foreign exchange rates. Let’s analyze the…
If you trade XAU/USD, gold CFDs, gold futures, or gold ETFs, here’s a deeper dive into what moved gold this week and what to watch going into next week. Gold is up roughly 2% this week. There’s still a literal war in the Middle East. The Strait of Hormuz is still effectively closed. And the Fed is still frozen,…
The major European indices are closing mostly lower: German DAX, -1.44%. France’s CAC -1.09% UK’s FTSE 100 -0.43% Spain’s Ibex -0.95% Italy’s FTSE MIB unchanged For the trading week: German DAX, +0.06% France’s CAC -0.03% UK’s FTSE 100 -1.26% Spain’s Ibex +0.61% Italy’s FTSE MIB +2.16% As London/European traders headfor the exits, the US stock indices remain higher led…
Wells Fargo Economics projects Brazil’s April IPCA inflation to rise 0.9% month-over-month and around 4.5% year-over-year, near or above the target band. Energy and food pressures are intensifying, while inflation expectations have risen. The Brazilian Central Bank is still seen cutting rates cautiously in June, but a pause in the easing cycle is becoming more likely. Energy and food…
2026.05.08 2026.05.08 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 08.05.2026 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: The final part of a bullish impulse continues developing. Consider long positions with a Take Profit at 83,132.33. XRPUSD: Impulse (C) is still…
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…
Silver (XAG/USD) price advances more than 2.50% on Friday, set to end the week with gains of over 7% sponsored by US Dollar (USD) weakness and falling Oil prices. At the time of writing, XAG/USD trades at $80.72, after bouncing off daily lows of $78.16. XAG/USD Price Analysis: Technical outlook Silver is testing the weekly high reached on Thursday…
2026.05.08 2026.05.08 USD/CAD: Elliott Wave Analysis and Forecast for 08.05.26–15.05.26 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 1.3712 with a target of 1.3400–1.3065. A sell signal: the price holds below 1.3712. Stop Loss: above 1.3750, Take Profit: 1.3400–1.3065. Alternative scenario: Breakout and consolidation above the…
Soon after the better-than-expected US jobs report in the worse than expected Canadian jobs report, I posted the following brief commentary and chart: The key resistance zone overhead was defined by the 38.2% retracement level, the swing area between 1.37089 and 1.37149, and the 100-day moving average near 1.3720. The price pushed higher into that resistance cluster, reaching a…
