EUR/GBP faces upward correction risk as oil prices fall below $90

EUR/GBP faces upward correction risk as oil prices fall below $90
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EUR/GBP faces upward correction risk as oil prices fall below $90
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The USDJPY rises above the resistance levels and trades in a bullish market zone.Buyers remain dominant and may take positions as desired. USDJPY Weekly Price Analysis – November 8 Currently, the USDJPY pair witnesses a surge as it rises above the resistance levels and remains stable on the positive side. Should the bulls’ pressure break…
Gold set to end the week up 0.80% despite Friday’s drop. US Retail Sales plunge, fueling US Dollar weakness and lower Treasury yields. Investors price in over one Fed rate cut, boosting bullion’s longer-term appeal. Gold price has fallen below $2,900 on Friday, yet it will end the week with solid gains of over 0.80%…
Choppy Trading Conditions May 14, 2025 The pattern of frequent directional reversals in the dollar and stocks has continued, reflecting the ever-changing details on the tariff front. Monday’s jump in the dollar was followed by losses on Tuesday and Wednesday, including overnight declines in the U.S. currency of 1.4% against the Korean won, 1.0% relative…
At the end of Thursday, the Dow Jones Index (US30) rose by 0.77%. The S&P 500 Index (US500) was up 1.04%. The Nasdaq Technology Index (US100) is up 1.43%. Stocks found support after Thursday’s release of the January Producer Price Index (PPI) report, which bodes well for the upcoming PCE Price Index report. The US…
2026.05.06 2026.05.06 Gold Prepares for Strong Rally. Forecast as of 06.05.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The end of the conflict in the Middle East will turn winners into losers and vice versa. Oil prices risk falling sharply. Gold, on the other hand, will begin to rise slowly but surely as the prospect of Fed rate cuts returns…
DXY slips as profit-taking sets in, falling toward 107.80. Traders parse disinflationary PCE data after Fed’s hawkish cut on Wednesday. The soft inflation readings might not alter the ‘wait and see’ posture of the Fed. The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, took a hit…