South Korea to extend fuel tax break until end-July, Yonhap says Info via Reuters. Yonhap citing the finance ministry. Measure is part of government efforts to allay the burden on drivers from higher fuel prices, it said. This article was written by Eamonn Sheridan at investinglive.com.
The NZD/USD pair climbs toward the 0.5870 region on Thursday as the United States (US) Dollar (USD) weakens amid improving market sentiment linked to renewed US-Iran negotiations and a softer safe-haven tone following the latest Federal Open Market Committee (FOMC) Minutes. The FOMC Minutes showed that Federal Reserve (Fed) officials remain concerned about persistent inflation pressures and prefer to…
2026.05.20 2026.05.20 Dollar Bulls Take Control as Equity Rally Stalls. Forecast as of 20.05.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The global surge in bond yields is being driven by more than just rising oil prices. Markets are increasingly concerned that central banks’ reluctance to act decisively could allow inflationary pressures to spiral out of control. Against this backdrop, the Fed may need…
GBP/NZD has formed lower highs and lower lows connected by a freshly-forming descending channel. Is the ceiling still about to hold on this test?
The Times is reporting that Labour Wes Streeting is likely to abandon his bid for PM in favor of Andy Burnham if Burnham wins the Makerfield by-election. There is a feeling that no one can beat Andy if he wins the by-election and launches a push to unseat PM Keir Starmer. Although it is not surly, the trends are…
The USD/CHF drops toward the 0.7875 region on Wednesday as the US Dollar (USD) loses footing amid improving market sentiment. Market sentiment improved after reports indicated that negotiations between the US and Tehran are progressing. Headlines stated that US President Donald Trump said that the US is in the “final stages” of talks with Iran, according to a White…
2026.05.20 2026.05.20 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 20.05.2026 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 final part of a bullish impulse continues developing. Consider long positions with a Take Profit at 83,132.33. XRPUSD: The price is…
The Aussie heads into Australia’s April jobs report with traders still watching whether sticky inflation keeps the RBA in hawkish mode. A softer hiring print could weigh on AUD, while a stronger report may revive rate hike expectations and keep Aussie bulls interested. Here’s how AUD might react to the release:
The AUDUSD surged sharply higher after headlines crossed that the US and Iran are in the final stages of talks, helping fuel a broader risk-on move and weighing on the US dollar. Among the major currency pairs, the AUDUSD is the strongest performer today, up around 0.76%. The rally pushed the pair to a session high of 0.7174 before…
Geoff Yu at BNY highlights that Latin American (LatAm) equities have attracted strong inflows thanks to improved terms of trade and resilient currencies. However, higher real rates and tighter financial conditions could eventually pressure earnings, potentially triggering softer equity performance and increased currency hedging demand. Regional stocks resilient but vulnerable “LatAm economies are also exposed to higher energy prices,…
