Chart Art: GBP/USD Tests Major Support Ahead of U.K. GDP and U.S. CPI
GBP/USD is sliding toward a support zone just as two data releases are due. Will buyers step in, or does Cable have further to fall?
GBP/USD is sliding toward a support zone just as two data releases are due. Will buyers step in, or does Cable have further to fall?
Yemen’s Iran-backed Houthis have completed the takeover of Bab el-Mandeb Strait !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
Here is what you need to know on Friday, September 11: The US Dollar (USD) stabilizes in the early European session on Friday after gathering strength against its rivals on Thursday. August Consumer Price Index (CPI) data from the United States (US), which could influence the market expectation of the Federal Reserve’s next policy step, will be watched closely…
2026.09.11 2026.09.11 Dollar Gains Ground as Fed Tightening Expectations Rise. Forecast as of 11.09.26 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Could a single inflation report be enough to prompt the Fed to raise interest rates? The market appears to think so, largely overlooking Christine Lagarde’s hawkish rhetoric and the decline in US Treasury yields. Let’s examine the key factors driving the EUR/USD outlook…
Before the ECB announced its decision Thursday, the rate hike was already fully expected. The real surprise came when Lagarde began speaking. Within 15 minutes, German government bond yields were climbing as traders started betting on two more rate hikes before year-end. The decision itself was predictable, but the press conference changed the outlook. What Did the ECB Actually…
Summary: Satellite imagery reportedly shows fire hotspots at multiple points along Saudi Arabia’s East-West pipeline near Medina, fuelling unverified claims of a Houthi strike; no confirmation has come from Aramco, Saudi authorities or wire services Oil prices held near Thursday’s multi-year highs The pipeline, also known as Petroline, is Saudi Arabia’s main export route bypassing the closed Strait of…
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) remain under pressure on Friday as the broader cryptocurrency market extends its losses over 4%, 2.5% and 5%, respectively, this week. BTC trades below $77,000, while ETH faces rejection near a key resistance level and XRP breaks below its 200-day Exponential Moving Average (EMA), signaling a weakening near-term technical outlook for these…
With the Bank of Canada (BOC) leaning hawkish in their latest policy decision, will the upcoming CPI release tip the scale closer to tightening in their next meeting?
PBOC sets USD/ CNY reference rate for today at 6.7743 (vs. estimate at 6.7174) !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
Ethereum price today: $2,440 Ethereum held above $2,400 as markets increasingly price in a Fed rate hike next week after higher-than-expected PPI data. US spot Ethereum ETFs attracted $34.7 million Wednesday, recovering from $24 million in outflows during Tuesday’s trading session. ETH is testing the 20-day EMA support. Ethereum (ETH) is down 0.7% on Thursday as the second-largest cryptocurrency…