Missed the previous short on oil? Here’s the next trade idea to consider
Missed the previous short on oil? Here’s the next trade idea to consider !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
Missed the previous short on oil? Here’s the next trade idea to consider !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
Societe Generale’s Kenneth Broux reports that weaker US employment data and downward revisions have sharply reduced expectations for a September Fed hike, though one move remains priced for December. He notes the Dollar has extended losses as markets reassess the Fed’s dual mandate and the implications for bonds and FX. DXY is seen needing to defend its 200-DMA at…
2026.08.10 2026.08.10 Dollar Bears Regain Ground as Unemployment Falls and Iran Raises Tensions. Forecast as of 10.08.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Despite the decline in US employment in July, the EUR/USD rally was short-lived. The drop in the unemployment rate to 4.1% and Iran’s excessive demands allowed bears to recoup some of their losses. Let’s discuss this topic and develop a…
If the RBA emphasizes cooling inflation pressures, traders could scale back their rate-hike bets, dragging the Aussie lower against Sterling and the yen.
There is just one set to take note of on the day, as highlighted in bold below. That being for EUR/USD at the 1.1575 level. The expiries are sitting just on top of the 100-day moving average at 1.1567, so they will act as an additional layer for buyers to chew through on any upside extensions price action today….
Gold prices fell in India on Monday, according to data compiled by FXStreet. The price for Gold stood at 13,273.12 Indian Rupees (INR) per gram, down compared with the INR 13,295.33 it cost on Friday. The price for Gold decreased to INR 154,817.00 per tola from INR 155,074.10 per tola on friday. Unit measure Gold Price in INR 1…
The RBA is still widely expected to hold rates at 4.35% in this week’s rate decision, but reiterating that this is merely a pause in their tightening cycle could keep AUD bulls hopeful for more hikes. Here’s what I’m watching on AUD/USD and AUD/NZD.
Kosdaq circuit breaker triggered as Korean tech stocks surge. Kospi, Nikkei rise. !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
The ongoing US-Iran conflict has entered a crucial diplomatic phase, with intense fighting and strategic pressure around the vital Strait of Hormuz continuing to drive the dynamic of the war. Iranian officials stated on Sunday that Oman-mediated negotiations on the strait’s management are making progress. However, Tehran maintains that commercial shipping will not fully resume until the US agrees…
PBOC is expected to set the USD/CNY reference rate at 6.7379 – Reuters estimate !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}