The Euro (EUR) has dropped sharply against the Japanese Yen (JPY) on Wednesday, falling from levels just below 185.00 to 182.05 before returning to 183.40 at the time of writing. Similar moves in other Yen crosses point to another intervention of the Japanese Ministry of Finance (MOF). Japanese authorities do not comment on interventions, but data released by the…
2026.05.05 2026.05.05 Greenback Gains on Safe-Haven Demand Amid Renewed US–Iran Hostilities. Forecast as of 05.05.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The US government did not want the conflict in the Middle East to escalate, but the operation “Project Freedom” launched by Donald Trump forced Iran to terminate the ceasefire. Oil prices rose, while the EUR/USD pair fell. Let’s discuss this topic and…
Bitcoin has just broken a months-long descending trend line and is pushing into a cluster of resistance levels. But this week’s NFP report on Friday could change the mood very quickly.
The confluence of a weaker dollar, retreating oil prices and ceasefire optimism has created a near-ideal short-term environment for gold, but the rally carries an inherent fragility: any re-escalation between the US and Iran could trigger rapid profit-taking and force short-term speculators to unwind net long positions quickly. The relationship between oil and gold remains the central dynamic to…
China’s Services Purchasing Managers’ Index (PMI) rose to 52.6 in April from 52.1 in March, the latest data published by RatingDog showed on Wednesday. AUD/USD reaction to China’s Services PMI The Chinese proxy, the Australian Dollar (AUD), edges slightly higher following the Chinese data, with AUD/USD gaining 0.66% on the day to 0.7230, as of writing. Australian Dollar FAQs One…
2026.05.04 2026.05.06 Weekly Economic Calendar for 11.05.2026–17.05.2026 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Market participants have reassessed the likelihood of changes in monetary policy following the late-April meetings of major central banks, including the Federal Reserve, and now need fresh data to refine their outlook. This week, attention will focus on inflation reports, including key releases from the US. At the same time,…
Tuesday confirmed the ceasefire holds — but “intact” isn’t “resolved.” With ISM New Orders flashing and NFP approaching, the framework’s terminal scenario remains unset.
I posted earlier on Trump trying to hold together the ceasefire: Trump seeks to preserve Iran ceasefire as UAE says missile and drone attacks continue More positively now. Trump posting on “great success” towards agreement, This article was written by Eamonn Sheridan at investinglive.com.
GBP/USD ended Tuesday near where it started, settling close to 1.3545 after a narrow session capped by resistance around 1.3550. Price has held a roughly 60-pip range across the past two sessions, with overlapping wicks pointing to a market lacking conviction in either direction. With the UK economic calendar quiet through to the weekend, GBP/USD direction over the coming…
2026.05.05 2026.05.05 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 05.05.2026 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 fifth wave of the bullish impulse within a sideways correction is expected to be completed shortly. Consider long positions…
