USD/CAD drifts higher above 1.3550 on firmer US Dollar 

USD/CAD edges higher to near 1.3580 in Tuesday’s early Asian session.  Persistent Middle East geopolitical tensions continue to support the US Dollar.  Traders await the US May Retail Sales data later on Tuesday for fresh impetus.  The USD/CAD pair recovers some lost ground to around 1.3580 during the early Asian session on Tuesday. The US Dollar strengthens against the…

Read more

Fox reporting that Trump requests NSC be prepared in Situation Room

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…

Read more

EUR/USD jumps as traders look past Iran-Israel turmoil ahead of US Retail Sales

EUR/USD climbs to 1.1572 as market shrugs off new missile attacks on Israel. Fed’s dovish shift in sentiment follows weak US Empire State Manufacturing data. ECB officials speak as traders await Fed’s June 18 policy decision and projections. EUR/USD recovered after posting a loss of 0.25% last Friday, as hostilities between Israel and Iran began, which boosted the Greenback’s…

Read more

US Dollar Prepares Counterattack. Forecast as of 16.06.2025

2025.06.16 2025.06.16 US Dollar Prepares Counterattack. Forecast as of 16.06.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The ongoing reshaping of the global trade system is exerting pressure on the US dollar. The US Federal Reserve’s decision to maintain current interest rates has strengthened the greenback. Against this backdrop, the EURUSD pair is consolidating ahead of the FOMC meeting. Let’s discuss this topic and make…

Read more

Premium Watchlist Recap: June 10, 2025

This week, our currency strategists focused on the BOC Monetary Policy Statement for potential high-quality setups. Out of the four scenario/price outlook discussions this week, one discussion arguably saw both fundie & technical arguments triggered to become a potential candidate for a trade & risk management overlay. Watchlists are price outlook & strategy discussions supported by both fundamental &…

Read more

Canada’s LeBlanc says he’s confident in progress on deal with US

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…

Read more

Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 16.06.2025

2025.06.16 2025.06.16 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 16.06.2025 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 the Elliott wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: A corrective wave is continuing to develop as a flat structure, with a possible decline to the 100,408.73 low….

Read more

Event Guide: BOJ Monetary Policy Statement (June 2025)

Are BOJ policymakers gearing up for a big announcement given the latest developments in the Japanese bond market? Or will they downplay the possibility of rate hikes while trade uncertainty is in play? Here are the points to take note of when trading the June BOJ decision. This Article Is For Premium Members Only Become a…

Read more

Trump: I’m sure we can work something out with Canada

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…

Read more