The preliminary reading of Australia’s S&P Global Manufacturing Purchasing Managers Index (PMI) came in at 52.0 in August versus 52.0 prior, the latest data published by S&P Global showed on Friday. Australia’s S&P Global Services PMI declined to 52.9 in August from the previous reading of 53.6, while the Composite PMI fell to 52.5 in August versus 53.2 prior. Market…
2026.08.20 2026.08.20 US Dollar Strengthens as Treasury Targets Rising Yields. Forecast as of 20.08.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ It appears the US-coordinated currency intervention may have preceded a broader effort to push Treasury yields lower. The Treasury Department has demonstrated that it is prepared to intervene in the government bond market. How could this affect the US dollar? Let’s examine the…
The U.S. Treasury’s push to cap borrowing costs looked less convincing on Thursday, as a bond rally faded, the S&P 500 slid, and Walmart’s earnings miss added fresh worry about the U.S. consumer. Oil climbed back toward $88 on renewed Iran tension, gold held its ground, and bitcoin pushed above $72,000, while the dollar finished mixed but arguably firmer…
investingLive Americas news wrap: Bessent doubles down on buyback plan !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
The Dollar Index has spent Thursday building a floor just above 98.50 and defending it with everything the calendar had to offer, and the entire effort is worth roughly a tenth of a point. A five-year high in Philadelphia manufacturing, a jobless claims beat and a hawkish regional Fed voice have between them lifted the index 0.12% off a…
2026.08.20 2026.08.20 XAU/USD Trading Hours: The Best Time to Trade Gold Artem Parshinhttps://www.litefinance.org/blog/authors/artem-parshin/ XAU/USD is highly popular among traders due to its high liquidity and volatility. Therefore, every trader should be familiar with gold trading hours. Gold can now be traded 24/7 through perpetual contracts. However, XAU/USD trading results depend not only on the chosen gold trading strategy but also…
Demo trading is important for building skill development and trading psychology before putting real money on the line. Problem is, most newbie traders slack off after a while.
Fed’s Musalem says hiking rates now could save more aggressive action later !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
EUR/GBP trades near the 0.8560s zone, having drifted steadily lower from near the 0.8585 area after failing to hold its push higher. The cross is down 0.15% in Thursday’s American session with traders squaring up ahead of a data-heavy Friday. The wider backdrop stays tense after United States (US) President Donald Trump announced what he billed as the “most…
2026.08.20 2026.08.20 Brent Prices Rise as Hormuz Disruptions Fuel Supply Concerns. Forecast as of 20.08.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The longer the blockade of the Strait of Hormuz persists, the more likely Brent is to extend its rally. Exports from Persian Gulf countries are declining, while demand for petroleum products continues to rise. The increase in US oil production has done…
