2026.02.02 2026.02.02 Aussie Loses Steam Despite RBA Hike Bets. Forecast as of 02.02.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ While markets are recovering from the news that Kevin Warsh is likely to become the new Fed chair, the US dollar is stabilizing. The RBA has an opportunity to push the AUD/USD pair higher. Let’s discuss this topic and make a trading plan. The…
The RBA is widely expected to hike rates this February, but what if the central bank still refrains from doing so? Our Event Guide for the RBA Decision suggests that a surprise decision to keep policy unchanged could still be accompanied by commentary keeping the door open for tightening much later on. Here’s what I’m watching…
Key details: New export orders rise for first time in four years Business optimism at highest level since before 2024 Autumn budget Comment: Rob Dobson, Director at S&P Global Market Intelligence “UK manufacturing made a solid start to 2026, showing encouraging resilience in the face of rising geopolitical tensions. Rates of output and order book growth accelerated, while new…
The US Dollar showed strength against all G10 currencies following President Trump’s nomination of Kevin Warsh as the next Fed Chair. This nomination is perceived as a move that may enhance central bank independence and ease concerns over the Dollar’s depreciation. The US Dollar index (DXY) ended higher, reflecting this bullish sentiment. UOB Group’s analysis indicates a complex interplay…
2026.02.02 2026.02.02 US Dollar Recovers After Warsh Announced As Fed Chair. Forecast as of 02.02.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The US dollar’s best daily performance since May came after Donald Trump announced his choice for a new Fed chair. Kevin Warsh may support the central bank’s independence. This calmed investors. Let’s discuss this topic and make a trading plan for the…
Everyone and their mom expects the RBA to raise interest rates, just six months after cutting them. Our Event Guide for February’s RBA Monetary Policy Statement shows why the case for tightening has gotten a lot stronger. Inflation came in hotter than expected, and the labor market is still holding up, suggesting the economy is running closer to…
The Friday move was one for the ages and even then, it still hasn’t put a bad mark to gold and silver’s performance to start the year. Even with the drop on Friday and the one today, gold is up some 8% so far in 2026 and silver up a little more closer to 9%. Sure, the numbers pale…
Gold prices fell in Malaysia on Monday, according to data compiled by FXStreet. The price for Gold stood at 584.43 Malaysian Ringgits (MYR) per gram, down compared with the MYR 614.88 it cost on Friday. The price for Gold decreased to MYR 6,817.43 per tola from MYR 7,171.85 per tola on friday. Unit measure Gold Price in MYR 1…
Expectations are running high for the Australian central bank to announce an interest rate hike this February. So will they deliver or disappoint? Here’s what to watch out for.
Summary: Japan’s government is trying to walk back and “de-risk” Prime Minister Sanae Takaichi’s weekend remarks that were widely interpreted as being comfortable with a weak yen. And also insensitive to Japanese people grappling with higher cost of living brought on somewhat by the lower yen driving up the JPY cost of imports. A government spokesperson refused to comment…
