The NASDAQ index is rebounding sharply from its session lows after testing a key cluster of technical support levels. At the worst levels of the day, the index was down -389.29 points before buyers stepped in. It has since trimmed those losses significantly and is now down around -107 points, or -0.42%, at 25,988.48. Earlier in the session, the…
The British Pound (GBP) retreats by 0.31% during the North American session as the US Dollar (USD) rises, underpinned by soaring US Treasury yields as investors price in a spike in inflation from the energy shock. The GBP/USD pair trades at 1.3392 after reaching a daily high of 1.3437. GBP/USD slips as inflation fears lift US Dollar and yields…
2026.05.19 2026.05.19 Short-Term Analysis for Oil, Gold, and EURUSD for 19.05.2026 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Yesterday, the oil price corrected to support…
The U.K. inflation reports lands a day after the jobs release, likely keeping the focus on U.K. fundamentals while the economy also navigates political uncertainty. Can the CPI figure push sterling in a strong direction?
Treasury Secretary Bessent said that G7 finance meeting talks were constructive, He is confident the Bank of Japan Gov. Ueda will successfully guide monetary policy. He added that “excess” volatility in the Forex market is undesirable. He feels that the fundamentals of the Japanese economy are strong The initial reaction has seen the USDJPY move lower after the pair…
Brown Brothers Harriman’s (BBH) Elias Haddad notes GBP/USD has given back part of its gains as weaker United Kingdom (UK) labor market data dampens Bank of England (BoE) tightening prospects. Rising unemployment, falling payrolls and slowing private sector wage growth contrast with still-aggressive swaps pricing for BoE hikes, leaving scope for a downward repricing that could further undermine the…
2026.05.19 2026.05.19 Yen Sags Despite Strong GDP Data. Forecast as of 19.05.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Japan holds an enormous $1.17 trillion in foreign exchange reserves. However, deploying those reserves for currency market intervention could create significant unintended consequences. In particular, it could trigger a sharp rise in US Treasury yields, a scenario Washington would likely find unacceptable. Let’s take a…
Who’s ready to trade the U.K.’s inflation reports? Our Event Guide for the U.K. CPI suggests that the April numbers could come in line or slightly hotter than markets are expecting, which could revive hawkish Bank of England (BOE) speculations. But if the report disappoints, or if the overall reaction turns bearish for the British pound, GBP/USD and GBP/AUD…
FUNDAMENTAL OVERVIEW Oil prices continue to range around triple digit levels as the prolonged US-Iran stalemate keeps traders on edge. This situation is unlikely to change until we get a real breakthrough in negotiations and the reopening of the Strait of Hormuz, or the war restarts. Yesterday, we had Iranian reports saying that the US would propose a temporary…
The US Dollar (USD) recovers on Tuesday after a sharp corrective move the previous day amid firm expectations that the Federal Reserve (Fed) will not cut interest rates this year. As of writing, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades 0.23% higher to near 99.18. The DXY corrected to near 98.94…
