UK CPI May 2026: Flat Headline, Surging Services
UK inflation held at 2.8% in May 2026, below the 3.0% forecast — but services inflation surged to 3.7%, complicating the Bank of England’s rate decision Thursday.
UK inflation held at 2.8% in May 2026, below the 3.0% forecast — but services inflation surged to 3.7%, complicating the Bank of England’s rate decision Thursday.
The AUDUSD has spent much of this week respecting well-defined technical boundaries, with both buyers and sellers reacting decisively at key levels. At the highs on Monday, the pair briefly pushed above its 100-day moving average, but each breakout attempt quickly failed as sellers stepped in and overwhelmed buying interest. On Tuesday, the price rotated lower but found support…
NZD/USD trades around 0.5820 on Wednesday at the time of writing, down 0.24% on the day as investors reduce risk exposure ahead of the Federal Reserve (Fed) monetary policy announcement. Markets widely expect the central bank to keep its benchmark interest rate unchanged within the 3.5%-3.75% range, delaying any policy adjustment until a later date. Attention is now focused…
2026.06.17 2026.06.17 Brent Plummets On Optimism Over US-Iran Deal. Forecast as of 17.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The most severe oil shock in recent history failed to push prices to record highs. Brent is rapidly retreating toward its pre-conflict levels, even though a formal agreement between the United States and Iran has yet to be signed. What is driving this remarkable…
Failing to capitalize on strong forex moves is not necessarily a bad thing. However, missing too many opportunities can lead traders to commit classic newbie mistakes. So, what’s keeping traders like you and me from seeing a breakout or trend reversal as it happens? Here are three possible reasons: 1. You’re too focused on your own trade In times…
FUNDAMENTAL OVERVIEW Silver broke down last week as continued escalations in the Strait of Hormuz and hawkish Fed expectations after the strong NFP raised real yields and tightened financial conditions. Everything changed on Thursday when Trump cancelled his planned attacks on Iran and announced a deal with confirming reports from the Iranian side. This surprising breakthrough triggered a strong…
UOB Global Economics & Markets Research highlights that Gold advanced as expectations for another Fed hike this year eased following an interim US-Iran peace deal that pushed Oil and inflation expectations lower. Spot Gold hit its highest level since early June, while US Gold futures also edged higher, reflecting demand for the metal as yields and inflation fears moderated….
2026.06.17 2026.06.17 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 17.06.2026 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 Elliott Wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The price is rising in the third part of a bullish correction. Long trades can be opened with a target…
Will the BOE’s June decision keep pound traders in wait-and-see mode, or will a surprise vote split give Sterling something bigger to work with?
I see at least one more rate increase It’s important to cap inflation expectations ECB’s Simkus expects the central bank to deliver at least one more rate hike to lean against inflation risks and make sure inflation expectations remain in check. According to Simkus, there’s still enough upside risk for inflation to justify additional policy tightening amid broadening price…