Swiss Franc extends slide as oil-driven Fed hike bets boost USD

The USD/CHF pair prolongs the weekly uptrend for the fourth consecutive day and climbs to a two-week high, around 0.8045, during the Asian session on Thursday amid a firmer US Dollar (USD). Moreover, the fundamental backdrop favors bulls and backs the case for further appreciation for spot prices. The initial market reaction to the in-line US Consumer Price Index…

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Canadian Dollar steadies as weak US Dollar offsets lower oil prices

USD/CAD remains steady after registering minor gains in the previous day, trading around 1.3940 during the Asian hours on Thursday. The currency pair moves within a narrow range as a weaker US Dollar (USD) balances out the impact of falling oil prices on the commodity-linked Canadian Dollar (CAD). The Greenback continues to face headwinds following the release of July’s…

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Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 12.08.2026

2026.08.12 2026.08.12 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 12.08.2026 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 price is expected to rise in the final part of correction 4. Consider long positions with a Take Profit…

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Mexican Peso rallies to two-year high as soft CPI hits Fed bets

The Mexican Peso (MXN) appreciates on Wednesday against the US Dollar (USD) to levels last seen in May 2024 following a decline in US inflation, as markets expected, softer-than-expected, which trims bets of a rate hike by the Federal Reserve (Fed) in its next meeting. The USD/MXN pair trades at 17.05 after hitting early lows of 17.01. USD/MXN falls…

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US Dollar Braces for Crucial Inflation Data. Forecast as of 12.08.2026

2026.08.12 2026.08.12 US Dollar Braces for Crucial Inflation Data. Forecast as of 12.08.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Does the slowdown in CPI mark the beginning of a sustained disinflationary trend, or is it merely temporary? Judging by developments in the Middle East, investors appear to favor the latter scenario. If so, the EUR/USD rally may not last long. Let’s take a…

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