Prior 3.75% Bank rate vote 0-8-1 vs 0-8-1 expected (Pill voted to raise bank rate by 25 bps) Reasonable to hold bank rate at 3.75% given UK economic situation and Middle East uncertainty CPI likely to be higher this year as effect of higher energy prices passes through Our job is to make sure inflation gets back to 2%…
The Bank of England (BoE) is widely expected to hold the benchmark Bank Rate unchanged at 3.75% for a third consecutive meeting on Thursday, as traders assess the impact of the Middle East war on prices and the UK economy. The Persian Gulf conflict-led elevated Oil prices have raised inflation concerns and kept expectations of a BoE rate hike…
2026.04.30 2026.04.30 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 30.04.2026 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 market is following the previously outlined scenarios. The article covers the following subjects: Major Takeaways BTCUSD: The fifth wave of the bullish impulse within the correction is expected…
EUR/CAD is testing the limits of a consolidation pattern! Will we see a breakout after this week’s ECB policy decision?
While still relatively impressive, the quarterly growth estimate marks a slight slowdown compared to Q4 2025. That being said, it’s not all too bad considering how economic activity in March is already starting to take a hit from rising energy prices. The pain spread in Spain perhaps is not as significant but still, it will be something that shows…
A report released by the Bank of Japan (BoJ) on Thursday revealed that the impact of weak Japanese Yen shock on inflation bigger than that from oil shock. The weakening of the JPY pushes up prices for wide range of goods services, thereby gives bigger boost to consumer inflation excluding fresh food, energy. Key quotes Impact of weak Yen shock…
WTI crude oil has climbed back above the $100 per barrel mark and seems to have gotten fresh tailwinds from UAE’s OPEC exit. How high can it go?
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…
USD/CAD edges lower after remaining flat in the previous day, trading around 1.3680 during the Asian hours on Thursday. However, the downside for the pair could be limited, as the commodity-linked Canadian Dollar (CAD) may face challenges amid declining oil prices, given Canada’s status as the largest crude exporter to the United States (US). West Texas Intermediate (WTI) oil…
Some traders think twice about taking trades based on gut feel, but here’s why it also makes sense to trust your trading instincts.
