Bearish view Bullish view The GBP/USD pair has remained under pressure this week as investors brace for major macro events in the UK and the US. It also retreated after some important macro data from the US, including house prices and consumer confidence. It was trading at 1.3290, much lower than this month’s high of…
Bearish view Bullish view The EUR/USD pair wavered as the US and Iran paused their attacks, with traders also awaiting the upcoming Federal Reserve decision and key macro data from the US and the European Union. The pair traded at 1.1373, a level it has held around for the past few days. Fed Decision and…
Bearish view Bullish view The GBP/USD exchange rate has pulled back substantially in the past few days, moving from this month’s high of 1.3558 to the current 1.3291. It will likely be highly volatile ahead of key US macro data and the upcoming Federal Reserve and Bank of England (BoE) interest rate decisions. Macro Data…
2026.07.27 2026.07.29 Weekly Economic Calendar for 03.08.2026–09.08.2026 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ The market remains gripped by extreme volatility. Geopolitical developments continue to dominate sentiment, overshadowing key macroeconomic data. Nevertheless, during the week of August 3–9, 2026, investors will closely monitor important economic releases from China, Germany, Switzerland, the US, New Zealand, Australia, Canada, and the Eurozone. Friday’s…
The dollar index DXY fell from a 1-month high today and is down by -0.04%. The dollar gave up an early advance today and moved slightly lower on an unexpected decline in July consumer confidence. Also, today’s -1% decline in WTI crude oil to a 1-week low has lowered inflation expectations and could prompt the…
FNG Exclusive… FNG has learned that the claims of misappropriating funds from the company made by global Retail FX and CFDs broker EBC Financial against its former UK Director are significantly larger than initially reported. EBC UK write-offs David Barrett We had reported last month that EBC UK had taken a write-off of £747,000 (just under…
The euro has been bullish again in the early part of the Monday session, as the markets continue to see a bounce play out. Longer-term, this is a market that is still in a downtrend. EUR/GBP The euro has risen against the British pound during early trading on Monday, but at this point in time,…
FCA regulated Global Markets Group Limited, which operates the GMG Markets (gmgmarkets.co.uk) and more recently GMG Prime online brokerage brands, has seen a nice leap in activity from near nil in FY2025 (fiscal year ended March 31) to £1.64 million in 2026. As Revenues ramped up, GMG Markets was able to cut its net loss…
Unchanged policy with an unspoken tightening bias for FOMC Will See DXY Trading Cautiously Another Moderate But Above Target Read for Australian CPI The FOMC meets on July 29 in a meeting that will see no update to the dots or economic forecasts. With forward guidance now becoming limited all meetings should be seen as…
The euro rose against the Japanese yen on Monday, but then fell a bit later, as risk appetite has seemingly found trouble in the US session. That being said, you still get paid a positive swap to hold here. EUR/JPY The euro initially rallied against the Japanese yen during early trading on Monday but has…