The framework assigned 25% to a diplomatic breakthrough. Iran’s Foreign Minister declared the Strait of Hormuz fully open on Friday. Here’s what the scenarios got right — and what they missed.

Read more

If war creates high inflation, weak labor market, could call for holding rates steady The longer Middle East war remains unresolved, inflation and job risks increase High inflation, weak job market would be challenging for Fed March headline PCE inflation likely to hit 3.5% year over year Possible energy price surge could have lasting inflation impact Markets appeared to…

Read more

US President Donald Trump said he can trust Iranians, according to an interview with ABC News. Trump added that talks will take place only in Islamabad and resume over the weekend. He added that he doesn’t think there are many significant differences, while saying that the US will be working with Tehran to remove its enriched uranium. Trump added…

Read more

2026.04.17 2026.04.17 GBP/USD: Elliott Wave Analysis and Forecast for 17.04.26–24.04.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above 1.3165 with a target of 1.3870–1.4300. A buy signal: the price holds above 1.3165. Stop Loss: below 1.3090, Take Profit: 1.3870–1.4300. Alternative scenario: Breakout and consolidation below the level of 1.3165…

Read more

Trump is out with an interview with CBS reiterating that the US will get Iran’s uranium. “Our people, together with the Iranians are going to work together to go get it. And then we’ll take it to the United States,” he said. However, Iran’s Parliamentary National Security Committee Spokesman tells Al Jazeera they will not allow the removal of…

Read more

USD/CHF finishes the week on a lower note, down 0.87% for the week and 0.27% in the day, as markets turn optimistic about a possible US-Iran deal over the weekend. In the meantime, the technical picture remains bearish, as the pair tumbled below key moving averages, hitting a five-week low at 0.7775. USD/CHF Price Forecast: Technical outlook The daily…

Read more

2026.04.17 2026.04.17 USD/JPY: Elliott Wave Analysis and Forecast for 17.04.26–24.04.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above 158.20 with a target of 161.00–163.00. A buy signal: the price holds above 158.20. Stop Loss: below 157.50, Take Profit: 161.00–163.00. Alternative scenario: Breakout and consolidation below 158.20 will allow the…

Read more

Geopolitics ran the show as US-Iran tensions, a Strait of Hormuz blockade, and late-week ceasefire optimism kept every major currency on edge.

Read more

Markets: You can’t shake the feeling that there will be at least one more twist in this saga but all signs were positive on Friday as Iran announced the Strait was reopening and Trump said a deal is coming in a day or two. That led to a $10 drop in oil prices and the corresponding price action with…

Read more