Gold extends its recovery toward $5,200 after starting the week on a bearish note. Geopolitical risks remain in play amid a further escalation of tensions in the Middle East, which in turn assists the safe-haven precious metal to build on the previous day’s bounce from the vicinity of the $5,000 psychological mark.
2026.03.10 2026.03.10 Yen Declines As Hopes of Quick End to Middle East Conflict Fade. Forecast as of 10.03.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Donald Trump’s statement that the conflict with Iran will end soon has forced USD/JPY bulls to retreat. Meanwhile, bears may be overly optimistic because the word “soon” can be interpreted in many ways. Let’s discuss this topic and make…
Can hotter inflation figures push the dollar on another leg higher? Our Event Guide for the February U.S. CPI points out that tariffs-related price pressures likely factored into higher costs for consumers. Here’s what I’m watching on USD/JPY and GBP/USD in case the U.S. CPI reinforces the hawkish Fed narrative.
ECB’s Simkus: Important to stay calm for next policy meeting, don’t overreact Deeper crisis may have price and growth implications We need to take the next decision based on the best information on the day of the meeting ECB’s Muller: We need to see if the energy price surge is transitory or not We shouldn’t rush into any decision…
While the KOSPI index is once again outperforming in 2026 by gaining around 25% so far this year (after +75% in 2025), violent swings test the nerves of investors. Can the South Korean index keep rising in 2026 and hit new highs? Let’s take a closer look: Part two: 2026 – Momentum, Volatility, and the Question every investor is…
2026.03.10 2026.03.10 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 10.03.2026 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 last part of impulse 5 appears to be developing. Consider selling the asset with Take Profit at 59,456.39. XRPUSD: The…
Earlier this week we’ve seen a major whipsaw in crude oil, as WTI spiked above $119 per barrel then crashed right back below $100 in a single trading session. This kind of 25% intraday swing doesn’t happen without a serious reason. And the reason still revolves around the Strait of Hormuz, the narrow waterway through which roughly 20% of…
There are just a couple to take note of on the day, as highlighted in bold below. That being for EUR/USD at the 1.1640-50 levels. After the drop since the start of last week, we’re finally seeing the pair move back above its 100-hour moving average (seen at 1.1597 currently). However, price action continues to rest below the 200-hour…
China’s Trade Balance for January-February, in Chinese Yuan (CNY) terms, arrived at CNY1.5 trillion, widening from the previous figure of CNY808.80 billion. Exports climbed 19.2% YoY in January-February vs. 5.2% in December. The country’s imports rose 17.10% YoY in the same period vs. 4.4% recorded previously. In US Dollar (USD) terms, China’s Trade Surplus expanded more than expected in January-February. Trade Balance…
Wednesday’s February CPI report could either confirm that U.S. inflation was cooling before the Iran conflict erupted — or signal that price pressures were already rebuilding before oil prices had a chance to make things worse. Will the data give the Fed room to ease, or is the inflation fight far from over? Here’s what markets are expecting from…
