US Dollar Edges Higher as Trump-Xi Talks Get Underway. Forecast as of 14.05.2026

2026.05.14 2026.05.14 US Dollar Edges Higher as Trump-Xi Talks Get Underway. Forecast as of 14.05.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ By increasing energy exports on one hand and reducing imports on the other, the US and China are helping shield the global economy from an oil shock. Can they do more? Let’s discuss this issue and develop a trading plan for the…

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Pound Sterling slips through 1.35 as the Labour crisis tops a UK GDP beat

GBP/USD fell 0.9% on Thursday, breaking below 1.3500 in a sharp staircase decline from session highs to a low close to 1.3395. The move extended a multi-week downtrend from the early-March peak, with bearish momentum building through the European afternoon. The daily candle closed near session lows. The Pound Sterling came under heavy pressure on Thursday as the political…

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Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 14.05.2026

2026.05.14 2026.05.14 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 14.05.2026 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: Impulse (C) continues…

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U.S. Retail Sales Rose 0.5% in April 2026 — But Is It Real Growth?

The U.S. Census Bureau reported that retail and food services sales rose 0.5% in April 2026, matching economists’ forecasts and marking the third consecutive monthly gain. But there’s a major asterisk: a big chunk of that increase was likely driven by higher prices, not higher spending volumes — with the ongoing U.S.-Israeli conflict with Iran keeping gasoline costs well…

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GBPUSD tumbles below both the 100 and 200 day MAs

The GBPUSD is the biggest mover in the FX market today, falling -0.92% as political uncertainty in the UK weighs heavily on the pound. The resignation of Wes Streeting as Health Secretary has fueled speculation about a potential leadership challenge to Prime Minister Starmer. At the same time, Andy Burnham has emerged as another possible contender after signaling a…

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Stephen Miran to step down from Fed board on Warsh swearing in

Federal Reserve (Fed) Governor Stephen Miran submitted his resignation letter from the Fed board on Thursday, effective on or shortly before Kevin Warsh is sworn in as the Fed’s next chair, since there is no other open seat on the seven-member board for Warsh to fill, and Miran’s term had expired in January. Miran was appointed by US President…

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What Is the Petrodollar? System, History & Collapse Explained

2026.05.14 2026.05.14 What Is the Petrodollar and How Does It Affect the Global Economy? Gleb Kabanovhttps://www.litefinance.org/blog/authors/gleb-kabanov/ What is the petrodollar, and why has this concept shaped the architecture of the global economy for decades? The term describes a mechanism in which oil is traded mainly in US dollars, while oil exporters reinvest their oil revenues in US Treasury bonds….

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UK GDP Q1 2026: Economy Grows But the Best Is Already Behind It

UK real GDP grew 0.6% in Q1 2026 (January to March), matching economist forecasts and marking the fastest quarterly expansion in a year. The data, released today by the Office for National Statistics (ONS), shows a clear acceleration from the revised 0.2% growth in Q4 2025 — but economists are already warning that the momentum is unlikely to carry…

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