2026.02.06 2026.02.06 GBP/USD: Elliott Wave Analysis and Forecast for 06.02.26–13.02.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Once the correction ends, consider long positions above 1.3342 with a target of 1.4050–1.4300. A buy signal: the price holds above 1.3342. Stop Loss: below 1.3342, Take Profit: 1.4050–1.4300. Alternative scenario: Breakout and consolidation below the level…

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Markets delivered a sharp risk-off session on Thursday as almost all major assets suffered steep decline alongside cryptocurrencies, while the U.S. dollar rebounded to finish as the best performing major asset and currency despite deteriorating labor market data showing job openings at their lowest level since 2020. Check out the forex news and economic updates you may have missed…

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Leans towards more cuts in 2026, hard to say if it’s one or two Says she keeps an open mind on rates To cut, you’d need to be more confident on inflation or see labor market as more challenged that currently Workers feel they are on the knife’s edge If job market goes from ‘no firing’ to ‘some firing’…

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2026.02.06 2026.02.06 Best Food Stocks: Top Food Companies to Invest In Oleg Tkachenkohttps://www.litefinance.org/blog/authors/oleg-tkachenko/ Food stocks have long been seen as classic defensive assets. People need to eat in every economic climate, so demand tends to stay relatively stable. That said, during crises, consumers often tighten their belts, which can slow revenue growth even for the sector’s biggest names. In…

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The first full trading week of February delivered a volatile mix of central bank surprises, deteriorating labor market data, and sharp risk-off sentiment that upended traditional currency correlations. Australia’s Reserve Bank shocked markets with its first rate hike in over two years, propelling the Aussie to the week’s top performance, while the Japanese yen suffered its worst showing despite…

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Markets: S&P 500 up 2.0% Russell 2000 up 3.8% US 10-year yields flat at 4.20% WTI crude up 19-cents to $63.48 Gold up $183 to $4953 Bitcoin up $6850 to $69,957 AUD leads, JPY lags What a week. There was no whimper at the end of it either as Friday’s trading was hugely volatile but the relief that nearly…

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The Euro found some respite on Friday versus its counterpart the Greenback, which enjoyed a short-live rally of just two days, but erased Thursday’s gains on Friday as depicted by the US Dollar Index (DXY). A risk-on impulse weighed on the Dollar’s safe-haven appeal, while an uneventful ECB monetary policy decision on Thursday, left traders leaning onto market mood….

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2026.02.06 2026.02.06 USD/JPY: Elliott Wave Analysis and Forecast for 06.02.26–13.02.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Once the correction ends, consider long positions above 150.80 with a target of 162.00–165.00. A buy signal: the price holds above 150.80. Stop Loss: below 150.80, Take Profit: 162.00–165.00. Alternative scenario: Breakout and consolidation below the level…

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The Bank of England maintained its policy rate at 3.75% in a closely contested decision, with four members voting for an immediate cut. The divided vote and dovish guidance suggest mounting pressure for easing as inflation approaches target. Key Takeaways Policy Decision: MPC voted 5-4 to hold Bank Rate at 3.75%, with four members preferring a 25bp cut to…

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