The ECB is expected to cut rates this month as growth slows and inflation cools. With the cut likely priced in, markets are focused on whether policymakers hint at a pause as they near neutral rates amid rising trade tensions and weak business activity. Here’s how EUR may react to potential scenarios from the central bank event!…
The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a certain range, called a “band,” around a central reference rate, or “midpoint.” It’s currently…
GBP/USD lost momentum on Tuesday, churning territory near the 1.3500 handle. US data helped bolster investor sentiment after job openings came in higher than expected. Key US ISM Services PMI figures from April are slated for Wednesday. GBP/USD trimmed bullish momentum on Tuesday, settling into slim chart churn just north of 1.3500. The Bank of England’s (BoE) latest Monetary…
2025.06.03 2025.06.03 Short-Term Analysis for Oil, Gold, and EURUSD for 03.06.2025 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. The euro’s short-term uptrend continued yesterday. The article covers…
The BoC is expected to hold rates steady in June as officials tread carefully amid soft growth and sticky inflation. How might the Canadian dollar react to the event? We have the points you need to know if you’re trading the central bank decision! This Article Is For Premium Members Only Become a Premium member for full…
Japan is set to launch a new think tank to examine how economic security concerns influence supply chains and related sectors, according to Nikkei. The move comes amid growing unease over trade tensions and the situation around Taiwan. The think tank will operate under the National Security Secretariat (NSS) and form part of a broader strategy to strengthen Japan’s…
GBP/USD trades flat on Tuesday, holding within Monday’s range near 1.3520. BoE Governor Bailey sees rates moving lower but warns of increased uncertainty. A split within the MPC signals a cautious, data-driven rate path ahead. The British Pound (GBP) is trading flat against the US Dollar (USD) on Tuesday, edging slightly lower from its intraday high while remaining within…
2025.06.03 2025.06.03 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 03.06.2025 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: The price continues to rise in the final part of the bullish impulse. The recommendation is to open long trades…
Trade tensions heated up after Trump doubled steel and aluminum tariffs to 50%, and China fired back, accusing the U.S. of breaking their agreement. Markets reacted in mixed fashion. Gold jumped 2.8%, oil rallied on supply concerns, and stocks finished higher even as the dollar slid to six-week lows. Here are headlines you may have missed in the last…
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…
