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The NZDUSD has fallen to a new low of 0.5709, bringing the pair closer to an important support zone between 0.5688 and 0.5698, which sits just above the 2026 low from early April at 0.5677. The pair had previously rallied to a high near 0.5862 before turning sharply lower. The more hawkish-than-expected FOMC decision triggered

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In the future, everyone has a 30-second attention spans and spends all day watching AI slop on their phones. That’s the bear case for shares of Netflix, which are down 5.6% today on a chart that looks increasingly broken. It cracked today to the lowest since October 2024. It’s been nearly cut in half since

If you didn’t buy SpaceX shares in the first minutes of trading after the IPO, then you’re probably under water. Shares are having a rough day today as the hype machine dies down. It’s lower by 10.5% to $165.64 and the decline comes after the company filed to sell senior unsecured notes for at least

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2026.06.22 2026.06.22 Yen Can Move Mountains. Forecast as of 22.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Both the US and Japanese governments are seeking to place allies in key central bank positions to increase their influence. However, while Donald Trump has achieved limited success, Sanae Takaichi has been far more effective. Let’s discuss this topic and develop a trading

That shows how quickly the perception in markets can change. Just six weeks ago, BofA changed their call from rate cuts to expecting the Fed to stand pat for the rest of the year. At the time, they argued that: “The data simply don’t warrant cuts this year. Core inflation is too high, and moving

SpaceX IPO in brief SpaceX has finally launched its historic IPO under ticker SPCX on the Nasdaq. Arguably the most important company in the history of commercial spaceflight has just become a publicly traded stock. The numbers were staggering: a $1.75 trillion target valuation, shares at $135 apiece, $75 billion being raised across 555 million

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There is just one to take note of on the day, as highlighted in bold below. That being for GBP/USD at the 1.3200 level. The expiries may provide a bit of a floor for price action in the session ahead, all else being equal. But as things stand, the pound is going to be much

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

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