The Pound Sterling (GBP) regains ground against its major currency peers on Friday after a sharp fall the previous day, which was driven by the Bank of England’s (BoE) signal that there is a high chance of an interest-rate cut in the near term. In the monetary policy announcement on Thursday, the BoE unanimously decided to leave interest rates…
2026.02.06 2026.02.06 Short-Term Analysis for Oil, Gold, and EURUSD for 06.02.2026 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 extended its short-term bearish trend yesterday….
The European Central Bank (ECB) kept interest rates unchanged at 2.00% on Thursday for a fifth consecutive meeting, signaling confidence in its inflation trajectory even as headline prices fell below the 2% target. President Christine Lagarde reinforced the message that monetary policy remains “in a good place,” while acknowledging a stronger euro could push inflation lower than currently projected….
Prior -0.6%; revised to -0.5% House price index +1.0% y/y Prior +0.3%; revised to +0.4% UK house prices nudged up slightly to start the new year, with the average property price now seen at £300,077. For some context, that is the first time that the figure has breached the £300,000 mark. And once again, it further exemplifies the more…
The Japanese Yen (JPY) sticks to modest recovery gains against a broadly retreating US Dollar (USD) through the Asian session on Friday, though it lacks bullish conviction and remains close to a two-week low touched the previous day. Traders remain on high alert amid the possibility of a coordinated Japan-US intervention to stem the JPY’s decline. This, along with…
NZD/CAD is approaching a key area of interest after breaking above its established uptrend. Is the pair starting a bearish reversal? Or are we looking at a pullback opportunity in the making? NZD/CAD Daily Forex Chart Faster with TradingView Falling gold prices and unexpectedly soft quarterly labor market data from New Zealand have weighed on the Kiwi over the…
Masu’s comments reinforce a more hawkish tilt at the BoJ, keeping April hike expectations alive as yen weakness sharpens inflation risks. Summary: BoJ board member Kazuyuki Masu called for timely rate hikes to prevent underlying inflation from overshooting the 2% target. Masu said underlying inflation is still below target but “drawing very close”, with deflationary behaviour fading. He highlighted…
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.85 during the Asian trading hours on Friday. The WTI price declines after the United States (US) and Iran agreed to hold talks in Oman on Friday. Tehran aims to focus talks on its long-standing nuclear dispute with Western powers, while the US wants the agenda to include Iran’s…
2026.02.04 2026.02.04 US Dollar Weakens Following Hawkish Fed Nomination. Forecast as of 04.02.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Investors considered Kevin Warsh to be the most hawkish candidate for the position of Fed chair and began buying the US dollar. However, his views are actually detrimental to the greenback. Let’s discuss this topic and make a trading plan for the EUR/USD pair….
EUR/CAD is showing early signs of a momentum shift after spending several sessions in a subdued, oversold condition. While price has only nudged higher, the oscillator behavior is changing in a way that often gets short-term traders’ attention. This is the type of signal that can look “small” on the chart at first…until it either builds into a larger…
