Risk sentiment surged on Thursday after Trump cancelled planned strikes on Iran, citing a near-complete deal with Tehran and a possible signing in Europe this weekend. Equities rallied hard, led by cyclicals and tech, while energy was the lone sector in the red. Oracle bucked the broader rally, sliding over 8% on its USD 40bln equity raise following weak…
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann keep a mildly positive stance on USD/SGD, looking for a test of 1.2900 in the near term while seeing 1.2915 as a tougher hurdle. On a 1–3 week horizon, they maintain that gains remain intact as long as 1.2830 holds.
2026.06.11 2026.06.11 Short-Term Analysis for Oil, Gold, and EURUSD for 11.06.2026 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. The gold price fell yesterday. The article…
U.S. wholesale inflation hit 6.5% annually in May 2026 — highest since 2022 — as gasoline surged 23.4% and core producer prices posted their biggest jump in years.
Prior was 5.046% Six auction average of 4.835% Bid to cover vs 2.30x prior The auction prior to this one tailed by 0.5 bps. This is a reopening so it’s 29 years, 11-months, not 30 years. The 1.2 bps tail is a bad sign in a world where congress is debating even more spending and megacap tech companies are…
The Pound Sterling (GBP) registers losses of 0.19% on Thursday after the latest US inflation report reflected the impact of the Iran war on producer prices, while an escalation of hostilities between Washington and Tehran triggered a recovery in Oil prices. At the time of writing, the GBP/USD pair trades at 1.3330 after peaking at 1.3391. GBP/USD weakens as…
2026.06.11 2026.06.11 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 11.06.2026 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. Market conditions remain largely unchanged. The article covers the following subjects: Major Takeaways BTCUSD: The price may fall in sub-wave of the bearish impulse. Short trades can be…
The ECB’s June decision looks predictable, but with the hike priced in, Lagarde’s tone could drive the euro’s next move.
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…
ING’s Carsten Brzeski argues that the European Central Bank is being guided by its 2022 inflation experience rather than current data, with headline Eurozone inflation still moderate and survey-based expectations easing. Nonetheless, he sees more than a 50% probability of two ECB rate hikes this summer, framed as insurance against falling behind the curve rather than a response to…
