GBP/USD struggles to capitalize on its goodish recovery from a one-and-a-half-week low, touched last Thursday, and trades cautiously above mid-1.3400s at the start of a new week. The US Dollar regains some positive traction amid the uncertainty over a potential US-Iran peace deal and hawkish US Federal Reserve bets. This, in turn, is seen as a key factor acting…
2026.06.01 2026.06.01 Yen Under Pressure Near Key Intervention Threshold. Forecast as of 01.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The Bank of Japan’s policy meeting, combined with the government’s currency interventions, has tempered USD/JPY bulls twice. Will history repeat itself in June? Perhaps, if the BoJ refrains from raising rates. Let’s analyze the situation and make a trading plan. The article covers the…
Gold staged a sharp recovery from its recent lows, but the upswing may be running into a wall. Is the rebound running on borrowed time?
It doesn’t feel like much of anything is being resolved at the moment in the Middle East. All the conditions for a deal have been laid out on the table for two weeks now but it seems like both the US and Iran still cannot meet in the middle. Iran chief negotiator Ghalibaf is out saying that: “The naval…
GBP/USD struggles to capitalize on its goodish recovery from a one-and-a-half-week low, touched last Thursday, and trades cautiously above mid-1.3400s at the start of a new week. The US Dollar regains some positive traction amid the uncertainty over a potential US-Iran peace deal and hawkish US Federal Reserve bets. This, in turn, is seen as a key factor acting…
2026.06.01 2026.06.01 ECB Rate Hike Prospects Could Fuel Euro Rally. Forecast as of 01.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ While the Fed may view high inflation as a transient issue, the ECB sees it differently. It has no intention of waiting any longer. Monetary tightening is just around the corner, boosting the EUR/USD pair. Let’s discuss this topic and develop a trading…
When equities hit records and crypto goes the other way, the dollar is usually the story. Here’s what’s actually happening and why it matters for traders trying to read risk sentiment. What Actually Happened? The S&P 500 briefly cleared 7,540 to test all-time highs on Tuesday last week. Bitcoin, at roughly the same moment, spiked toward $78,020 around the…
I think that pretty much sets the tone of what we can expect this week. That being another week where we go back and forth on the same issues awaiting both sides to strike a compromise, just so that we can get on with the optics of a deal. Trump’s full tweet: “Iran really wants to make a deal,…
Gold (XAU/USD) kicks off the new week on a subdued note and remains on the back foot below a two-week top, around the $4,600 neighborhood, touched on Friday. Persistent geopolitical uncertainties, along with hawkish US Federal Reserve (Fed) expectations, help the US Dollar (USD) regain positive traction, which, in turn, is seen as a key factor acting as a…
USD/CAD is testing a key resistance zone as jobs data, oil headlines, and Fed expectations line up for a volatile week.
