2026.04.28 2026.04.28 Greenback Drops Slightly Amid US–Iran Impasse. Forecast as of 28.04.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The closure of the Strait of Hormuz has turned into a battle for survival between the global and Iranian economies. As a result, oil prices and US stock indices are rising, leaving the EUR/USD pair at a crossroads. Will central banks step in to ease…
The Bank of Japan held its rate at 0.75% in a 6-3 vote — its closest call under Ueda — as Middle East conflict clouds the economic outlook.
Reuters, citing unnamed sources, says the US intel community is examining how Iran would respond to the US declaring victory in the war. That Trump is even considering this is another sign that he’s done with the war. The ‘examination’ part is whether they would open Hormuz. The result may be that we essentially go back to pre-war. Hormuz…
United States 7-Year Note Auction: 4.175% vs previous 4.255%
2026.04.28 2026.04.28 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 28.04.2026 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 fifth wave of the bullish impulse within correction (B) may be nearing completion. Consider long positions with a Take…
CNN cites “sources close to the mediation process” and the report is from a journalist who is in Pakistan. This is a sign that they’re negotiating. There are quick moves in risk assets higher and oil lower on the headline. The caveat here is that leaks from Pakistan and their officials in the past week or two have been…
Consumer sentiment in the United States (US) improved slightly in April, with the Conference Board’s (CB) Consumer Confidence Index rising to 92.8 in April from 92.2 in March. “The Present Situation Index—based on consumers’ assessment of current business and labor market conditions—retreated by 0.3 points to 123.8,” the CB noted in its press release. “The Expectations Index—based on consumers’…
2026.04.28 2026.04.28 Yen Weakens as Rate Hike Expectations Fade. Forecast as of 28.04.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ According to Kaizo Ueda’s remarks, the BoJ may not raise interest rates, and the decision will depend on the conditions ahead of the regulator’s next meeting. This scenario deprives the yen of an important advantage. Let’s analyze the situation and develop a trading plan…
UAE quits OPEC, likely in a protest over the war. They will be leaving May 1. Oil fell on this on what’s assuredly an algo-driven move. It’s quickly reversed. For oil prices for now it’s meaningless, as OPEC will be pumping at full-bore for a long time after the war to rebuild inventories. For what it’s worth, the UAE…
Standard Chartered strategists Christopher Graham and John Davies expect the Bank of England (BoE) to keep the base rate at 3.75% at the 30 April meeting, with a prolonged pause through this year. They note that current policy is still restrictive, and that a weaker macroeconomic backdrop, softer labour market and limited fiscal support differentiate this cycle from 2022…
