Mexican Peso faces pressure after Banxico’s dovish shift suggests larger, and possibly quicker, interest rate cuts. Mixed inflation data from INEGI maintains uncertainty, adding to Peso’s volatility in light trading conditions. Interest rate differential concerns increase as Banxico’s potential 150 bps cuts contrast with the Fed’s more conservative 57 bps easing outlook. The Mexican Peso loses some ground against…
2025.01.09 2025.01.09 Pound Plunges as UK Economy Faces Turbulent Times. Forecast as of 09.01.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The beginning of 2025 has created a sense of déjà vu. As in the fall of 2022, UK gilt yields are soaring rapidly, and the pound is plummeting. How will this development affect the GBPUSD pair? Let’s discuss this topic and make a trading…
The major assets traded cautiously amid weak European data, mixed U.S. jobs signals, and concerns over potential Trump tariffs. Global equities, commodities, and cryptos saw diverging price action, while bonds sold off and the dollar strengthened. Which headlines influenced asset price action in the last trade sessions? We have the deets! Headlines: Australia’s CPI accelerated from 2.1% to 2.3%…
The market came into the year expecting Federal Reserve officials to shift to a less-dovish stance. Deutsche Bank came into the year saying that the Fed wouldn’t cut at all and many were expecting the more-hawkish FOMC members to at least float the idea of a long-lasting trip to the sidelines. Instead, the message has been ‘more cuts are…
GBP/USD faces downward pressure due to UK fiscal concerns The Pound Sterling depreciated against the Greenback on Thursday, even though the financial markets remained closed due to former US President Jimmy Carter’s funeral. The GBP(SD traded volatile during the session and exchanged hands at 1.2300, down by 0.49%. Read More… Pound Sterling remains weak despite UK Jones assures markets function…
2025.01.09 2025.01.09 LiteFinance 20th Anniversary Challenge: How to Earn Points and Win Prizes Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ The contest in honor of the company’s 20th anniversary is gaining traction, and we will determine the first winners soon. LiteFinance will award weekly prizes to the top 10 participants in the weekly ranking. You can see the weekly contest results in the Challenge…
Dollar traders still seem to be busy repricing Fed easing expectations for the year, so how will the upcoming NFP release affect all this? Leading indicators have been coming in mostly upbeat so far, leading some to scale back interest rate cut speculations. Here’s what to look out for in the December jobs report. This Article…
Current outlook calls for gradual, patient approach to rate cuts. Supported December Fed rate cut but was a close call. Fed not on preset path, policy well-positioned. Current outlook in line with Fed December forecasts. Economy in a ‘good place overall’ with notable uncertainties. Too soon to say what impact election will have on economy. Now expects more inflation…
Gold price moves further above $2,670 and tries to consolidate gains. Traders send yields surging in concerns over inflation overheating again. Gold price regains trust as markets enter a similar moment as seen in 2023 with the SVB meltdown. Gold’s price (XAU/USD) consolidates above the key technical level of $2,660 after breaking and closing above the 55-day Simple Moving…
2025.01.09 2025.01.09 Economic Calendar for the Week 13.01.2025 – 19.01.2025 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ The US Fed’s December meeting minutes, released last week, supported a strong US dollar. They reflected the central bank’s cautious view on any further monetary easing, noting that inflation remains stable. Fed officials suggested that the recent 1.0% rate cut in September–December is still enough. However, they…
