Likely retest YTD low near 1.31

The British Pound (GBP) trades 0.1% higher at around 1.3208 against the US Dollar (USD) during the Asian trading session on Friday. The GBP/USD pair as the US Dollar Index trades slightly lower to near 101.93 after posting a fresh over-a-year high at 102.20 on Thursday. The US Dollar is expected to trade cautiously as investors await the United…

Read more

Greenback Gains on Strong US Data and European Uncertainty. Forecast as of 01.10.2026

2026.10.01 2026.10.01 Greenback Gains on Strong US Data and European Uncertainty. Forecast as of 01.10.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ At first glance, the sharp decline in expectations for a Fed rate hike in October should have triggered a correction in the EUR/USD pair. However, the strength of the US economy has made it difficult for the bears to regain control. Let’s…

Read more

Gold defies US Dollar surge as US yield slide revives Bullion demand

Gold price drifted higher, posting modest gains of over 0.40% on Thursday as US Treasury yields dove after Wednesday’s inflation data, triggering a trimming of hawkish Fed bets for the October meeting. The XAU/USD trades at $4,175, up 0.4%. XAU/USD advances as softer inflation trims October Fed hike expectations On Wednesday, the Federal Reserve’s (Fed) preferred inflation measure, the…

Read more