EUR/CAD has remained trapped in a broad sideways range after rebounding to 1.6247 in early April, with neither Euro nor Canadian Dollar able to establish a convincing directional advantage. The pair’s hesitation reflects a market caught between fading oil-driven momentum on the CAD side and uncertainty over how aggressively ECB will tighten policy through the […]
Macro update Stocks rise on peace hopes: Asian equities advanced as investors focused on US-Iran negotiations, with MSCI’s Asia-Pacific index ex-Japan up 0.8%, US futures higher and European futures pointing to a stronger open. Nikkei nears record high: Japan’s Nikkei climbed more than 2%, led by AI-related stocks following gains in US chipmakers, with SoftBank,
2026.05.22 2026.05.22 Short-Term Analysis for Oil, Gold, and EURUSD for 22.05.2026 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Gold is trading
Retail sales -1.3% vs -0.6% m/m expected Prior +0.7%; revised to +0.6% Retail sales 0.0% vs +1.3% y/y expected Prior +1.7%; revised to +1.4% Retail sales (ex autos, fuel) -0.4% vs -0.3% m/m expected Prior +0.2%; revised to +0.1% Retail sales (ex autos, fuel) +1.1% vs +1.5% y/y expected Prior +1.7%; revised to +1.5% Well,
Quarterly national accounts, business and consumer sentiment survey results from Germany and retail sales and public finance from the UK are the top economic news due on Friday.At 2.00 am ET, Destatis releases Germany’s GDP data for the first quarter. The preliminary estimate showed that the largest euro area economy expanded 0.3 percent after rising
Summary: Iran war newsflow was subdued; talks between Tehran and Washington are continuing via Pakistani intermediaries, focused on establishing a framework for a potential agreement Japan’s core CPI rose 1.4% year-on-year in April, a four-year low and below the 1.7% consensus; the core-core measure, which strips out fresh food and energy and is closely watched
Silver has endured a violent reversal in the past two weeks, swinging from near $90 to the mid-$70s as geopolitical panic surrounding the Iran conflict intensified and then eased sharply. The initial steep decline was fueled by fears of an imminent US strike on Iran earlier in the week and a potential collapse of the
Kelvin Wong Senior Market Analyst Based in Singapore, Kelvin Wong is a well-established senior global macro strategist with over 15 years of experience trading and providing market research on foreign exchange, stock markets, and commodities. Passionate about connecting the dots in the financial markets and sharing perspectives around trading and investment, Kelvin Wong is an
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that remains one of the most closely watched signals in Asian foreign exchange markets. China operates a managed floating exchange rate system, under which the renminbi (yuan) is allowed to trade
Consumer prices in Japan were up 1.4 percent on year in April, the Ministry of Internal Affairs and Communications said on Friday.That was in line with expectations and down from 1.5 percent in March.On a seasonally adjusted monthly basis, inflation was up 0.3 percent – again matching forecasts and easing from 0.4 percent in the
Morgan Stanley says Japan’s reflation story remains structurally intact despite near-term energy shock headwinds, forecasting a dip in nominal GDP this year before a rebound above 4% in 2026. Summary: Japan’s nominal GDP growth is expected to turn slightly negative this year due to terms-of-trade losses from the energy shock, before recovering to above 4%
The Australian dollar is under pressure after weak Chinese and domestic labour data, with analysts warning the RBA rate-hiking cycle may be over, removing a key support for the currency. Summary: Source: Commerzbank The Australian dollar is under mounting pressure after pulling back sharply from a four-year high, with analysts now questioning whether the Reserve
Markets reversed earlier gains as Iran’s President said on state TV that they won’t back down in talks. The momentum then picked up when a “high-level source” told Al-Arabiya that the Pakistani Army Chief will not head to Tehran tonight. The Pakistani were supposed to head to Iran only when the reach of an agreement
Iran’s ILNA news agency posted on their Telegram channel an Al-Arabiya TV claim about US and Iran reaching an agreement on a draft mediated by Pakistan. They say it’s expected to be announced in the next few hours. (h/t @LiveSquawk on X for catching this early) The draft includes: Immediate and comprehensive ceasefire on all
Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing
The USDCAD is being pulled sharply in both directions as markets react to the latest headlines surrounding the conflict in Iran. The geopolitical uncertainty is driving rapid swings in oil prices, Treasury yields, and stock markets, all of which are feeding directly into volatility for the US dollar and the Canadian dollar. Historically, rising oil
Forex markets remained trapped within yesterday’s ranges as investors struggled to find fresh conviction amid conflicting signals surrounding the US-Iran conflict. While there was some brief improvement in risk sentiment after US President Donald Trump said Washington was in the “final stages” of negotiations with Iran, optimism faded quickly as no concrete breakthrough emerged from
