Asia FX muted, dollar steadies after Iran ceasefire extension, Warsh comments

Yesterday, as expected, the Fed lowered its rate from 4.25%–4.50% to 4%–4.25%. Although rate cuts are generally seen as supportive for gold, the XAU/USD chart shows bearish price dynamics: after a short-term spike above $3700 (a new all-time high), gold retreated sharply, forming a long bearish candlestick (marked with a red arrow). This may be…

On Friday, shares of Nvidia fell 4% and chipmakers dragged the Nasdaq to its lowest in the three weeks. One reason for the sell-off was a Goldman Sachs note from Peter Oppenheimer arguing that traffic to ChatGPT was plunging. Goldman published this chart, which was later widely circulated (including in the Financial Times). It showed…

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…

In the 1960s, Stanford computer scientist Roy Amara told his colleagues that the effect of advances in technology is never fully understood. Or in other words, ‘we overestimate the impact of technology in the short term and underestimate the effect in the long run’. In this context, a May 2024 paper from Krissy Jones (co-founder…

By InvestMacro Here are the latest charts and statistics for the Commitment of Traders (COT) reports data published by the Commodities Futures Trading Commission (CFTC). The latest COT data is updated through Tuesday May 5th and shows a quick view of how large traders (for-profit speculators and commercial hedgers) were positioned in the futures markets….