With EUR/GBP bouncing off the strong support zone around .8620, bulls appear to have their sights set on the next ceiling. Will the top of the triangle hold as resistance?

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ECB Chief Economist Philip Lane warned that inflationary pressures from the energy shock will persist even if we see a reversal. Lane highlighted that while the initial shock is fading, the resulting adjustments in wages and price-setting behavior continue to weigh on the economy. He noted that the impact of high energy costs is not a one-time event. Even…

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The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, attracts some follow-through buying for the third straight day and climbs to a fresh high since April 4, around the 99.54 area on Thursday. The index, however, retreats slightly during the early European session and currently trades around the 99.35 region, still up nearly 0.15%…

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2026.05.28 2026.05.28 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 28.05.2026 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 final part of the bullish impulse C continues developing. Consider long positions with a Take Profit at 82,500.00. XRPUSD: The price…

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Eight weeks. No losing week since late March. The S&P 500 just logged its longest winning streak since December 2023, touched fresh highs above 7,540, then pulled back. Could it mean that the rally is running out of steam and about to fade? Find out what this equity index wobble at the top could mean for the forex market…

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EUROPEAN SESSION In the European session, we have lots of low tier data releases like the French PPI and Spanish Retail Sales that are not going to change anything for the ECB at this point. Therefore, the market reaction will likely be muted. As a reminder, the ECB is widely expected to deliver an “insurance” rate hike in June…

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The USD/CAD pair is seen building on the previous day’s breakout momentum through the 1.3810-1.3815 confluence hurdle and gaining positive traction for the third straight day on Thursday. Spot prices climb to the 1.3870 region, or a fresh high since April 13, during the Asian session and remain well supported by a broadly firmer US Dollar (USD). The latest…

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NZD/USD is sitting at a major decision zone after the RBNZ’s hawkish surprise gave Kiwi bulls a fresh push. But with key U.S. GDP and PCE data up next, the pair still has to prove it can break through the 0.5900 area instead of getting slapped back by dollar strength.

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Key takeaways A Google software engineer, Michele Spagnuolo, has been charged by U.S. prosecutors with commodities fraud, wire fraud, and money laundering. Prosecutors allege he used confidential Google “Year in Search” data to win about $1.2 million on Polymarket. The case is important because it shows that insider trading concerns do not stop at the stock market. They can…

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New Zealand’s Finance Minister Nicola Willis delivered the government’s Budget 2026 on Thursday with the details below. Key quotes NZ sees 2025/26 operating balance before gains, losses NZ$-15.06 bln (hyefu NZ$-16.93bln). NZ sees 2026/27 OBEGAL balance NZ$-14.09 bln (hyefu NZ$-12.99bln). NZ 2025/26 cash balance NZ$-9.31 bln (hyefu NZ$-14.80). NZ sees 2026/27 GDP +2.3% (hyefu +3.4%). NZ sees 2025/26 net debt 42.4%…

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