Asia FX flat amid US govt shutdown risks; Aussie dollar gains on RBA rate hold

USD: Reflationary policies are a mild dollar negativeThe top news this European morning is a package of monetary easing measures delivered by Chinese authorities overnight. Our Chief Economist for Greater China, Lynn Song, details the measures in this article. It is tempting to describe these measures as a monetary ‘bazooka’, but as Lynn highlights there…

Momentum is nearing exhaustion in Wave III, setting up a corrective pullback that could create the next high-probability buying opportunity for the Wave V advance. CCL Products (India) Limited continues to follow a strong bullish Elliott Wave structure on the monthly chart. The long-term trend began from the major base near the 130 region, where…

2026.04.09 2026.04.09 Why Is the Gold Price Rising? Reasons Gold Goes Up and Down Artem Parshinhttps://www.litefinance.org/blog/authors/artem-parshin/ In 2026, almost everyone asked, “Why is gold going up?” In just a few years, the gold rally has taken gold prices from $1,500 to $5,000 per ounce. Naturally, everyone wonders why gold is so expensive. In short, the…

Japanese Officials’ Comments Fail to Boost Yen Overnight comments from Japanese officials failed to strengthen the Japanese Yen, with USD/JPY rising to highs last seen in late April. Bank of Japan Governor Kazuo Ueda highlighted his focus on FX levels and their impact on import prices. Japan’s PM Fumio Kishida emphasized the need for flexible…