With the BOE having a less dovish MPC vote in their latest meeting, an upside CPI surprise could tilt the odds further away from further easing. Our Event Guide for the U.K. CPI Report notes that the central bank projects that headline inflation could shoot up to 3.7% in April, which is way higher than market expectations. …
Mid-term inflation outlook too uncertain to say whether we need a June cut. ECB projections likely to show lower inflation this year and the next, but longer term is uncertain. This article was written by Giuseppe Dellamotta at www.forexlive.com.
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2025.05.20 2025.05.20 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 20.05.2025 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The price is expected to climb to the previous high. The recommendation is to open long trades with a Take Profit…
Markets expect U.K. consumer prices to have accelerated from March to April. But much of this expectation may already be priced in, suggesting minimal downside risk from the actual release. In this scenario, our Event Guide for the U.K. April CPI Report suggests that the British pound could see minimal downside movement in a potential buy-the-rumor, sell-the-news situation. …
Prior was -0.7% PPI y/y -0.9% vs -0.6% expected Prior was -0.2% Lower energy prices were the main reason for the year-on-year decline in producer prices in April 2025. By contrast, non-durable and durable consumer goods, capital goods and intermediate goods were more expensive than in the same month of the previous year. When energy prices are excluded, producer…
Reserve Bank of Australia (RBA) Governor Michele Bullock is due to hold a press conference following the central bank’s decision to cut the benchmark interest rate to 3.85% from 4.1% on Tuesday. Bullock will take questions from the press as part of a new reporting format for the central bank starting this year. Economic Indicator RBA Press Conference Following…
2025.05.19 2025.05.19 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 19.05.2025 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The price is expected to climb to the previous high. The recommendation is to open long trades with a Take Profit…
Is EUR/USD about to gain traction on its downtrend after a recent breakout? With EUR scoring 7.2/10 versus USD’s 8.1/10 in this week’s FX Fundies Cheat Sheet, plus a confluence of technical resistance levels nearby, EUR/USD could be poised to resume its selloff to this month’s lows. Here’s an area of interest I’m watching on the 4-hour time frame….
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