ING’s Chris Turner notes that the US Dollar (USD) is benefiting from a hawkish Federal Reserve (Fed) narrative as markets price in a small amount of additional tightening for 2026. He highlights that high Oil prices and Gulf tensions are keeping short-dated US rates supported. Turner argues that the Fed’s focus is shifting toward price stability, which could see…
2026.05.05 2026.05.05 Short-Term Analysis for Oil, Gold, and EURUSD for 05.05.2026 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. Oil prices continued to rise yesterday. The…
Feeling like trading the New Zealand dollar in the next trading sessions? Our Event Guide for the New Zealand Employment Report suggests the labor market numbers may come in weaker than analysts expect. But if the data surprises to the upside, the Kiwi could gain ground against its major counterparts. In that case, NZD/USD and EUR/NZD could see meaningful volatility around…
Prior +0.3% Core CPI +0.3% y/y Prior +0.4% Even with price pressures set to rise in the months ahead, the Swiss economy now feels like it has a bit of a buffer to work with. But in the bigger picture, it’s not exactly a good thing if the Swiss franc continues to stay at more elevated levels. That will…
The GBP/USD pair loses ground to near 1.3520 during the early European session on Tuesday. Rising geopolitical tensions after reports of Iranian missile strikes against US naval vessels near the Strait of Hormuz boost a safe-haven currency such as the US Dollar (USD) and act as a headwind for the major pair. Earlier on Tuesday, Iranian media, citing a…
The Reserve Bank of Australia raised rates for the third time in 2026, a move that could keep AUD supported much longer. But will other macro factors complicate the near-term picture?
In bringing the cash rate back to 4.35%, the RBA will have essentially reversed its brief easing cycle in 2025. This will then bring interest rates back to the recent peak levels seen during 2024, which followed from rate hikes during 2022 to 2023. So much for being done with the battle against inflation, eh? Any further rate hikes…
EUR/USD moves little after two days of losses, trading around 1.1690 during the Asian hours on Tuesday. The daily chart technical analysis indicates a potential for a bearish reversal, as the pair is testing the lower boundary of the ascending channel. However, a neutral near-term stance prevails as the EUR/USD pair hovers just above the 50-period Exponential Moving Average…
With the RBNZ cautiously shifting to a more hawkish stance, a major miss in employment data could put them back in cautious mode. Our Event Guide for the New Zealand Employment Report points out that industry surveys, as well as business and consumer confidence, have been on the decline throughout Q1. Here’s what I’m watching on AUD/NZD and NZD/JPY…
The USS Truxtun and USS Mason transited the Strait of Hormuz under a sustained Iranian barrage of small boats, missiles and drones, entering the Persian Gulf without either vessel being struck, per US defense officials. Summary: Two US Navy destroyers, the USS Truxtun and USS Mason, successfully transited the Strait of Hormuz and entered the Persian Gulf after navigating…
