Tag: forex

2026.07.07 2026.07.08 Weekly Economic Calendar for 13.07.2026–19.07.2026 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Despite the Fed’s hawkish stance, disappointing US labor market data released earlier this month dampened market expectations regarding the extent of the Fed’s policy tightening. In June, the nonfarm payrolls report showed an increase of only 57,000 jobs, falling well short of the projected 110,000. This…

The dollar index DXY is up by +0.13% today. The dollar is moving higher today amid weakness in stocks, which is boosting liquidity demand for the currency. Also, hawkish comments today from New York Fed President John Williams boosted the dollar, as he said inflation is still quite high. In addition, higher crude oil prices…

Online broker etoro today unveiled a new mobile app at its ‘Intelligence in Motion’ event in London. The company shared updates including agentic trading and sub-accounts, a new desktop platform for active traders, a growing app store, and new tools for crypto self-custody. At the center of the new app is Tori, etoro’s proactive AI…

Fundamental Analysis & Market Sentiment I wrote on 28th June that the best trades for the week would be: Long of the USD/JPY currency pair. This produced a loss of 0.23% over the week. Short of the EUR/USD currency pair. This produced a loss of 0.44% over the week. The total loss of 0.67% averages…

WTI crude oil price remained under pressure last week as investors reacted to the rising supply glut fears. It dropped to $68.7, down by over 40% from its highest point this year, with technicals suggesting more downside ahead. Crude Oil Prices Fall Amid Supply Concerns There are signs that the world will see a supply…

Which CFDs broker is now the front-of-shirt sponsor for EPL club Everton FC? Who is in, and who is out as CEO of MENA focused CFDs broker GS Securities? Which broker tech-and-services provider was hit with a $2.5 million fine, for enabling offshore white label brokers targeting US clients? What costs has GTN incurred in…

Bitcoin has rallied during the course of the trading week to show signs of life as the $60,000 level is offering a bit of support. That being said, I am a little bit cautious about getting long Bitcoin at the moment due to the fact that it has been so beaten down. Ultimately, I think…

EUR/GBP’s extended decline last week indicate that fall from 0.8663 is reversing whole up trend from 0.8221. Initial remains on the downside this week for 61.8% retracement of 0.8221 to 0.8863 at 0.8466 at next. On the upside, above 0.8573 minor resistance will turn bias neutral first. But risk will stay on the downside as…

USD/CHF’s pull back from 0.8139 extended lower last week but 0.8012 resistance turned support remains intact. Initial bias remains neutral and another rise is still mildly in favor. Above 0.8139 will extend the rally from 0.7760 to 100% projection 0.7603 to 0.8041 from 0.7600 at 0.8198 next. However, sustained break of 0.8012 will bring deeper…