Second reading was 4.3% The final Q2 reading was 3.8% Consumer spending final 3.5% vs 2.5% prior Q3 corporate profits after tax +4.7% GDP final sales +4.5% vs +4.6% expected Inflation metrics GDP deflator vs 3.8% expected Core PCE final vs 2.9% expected PCE prices final vs 2.8% expected This article was written by Adam Button at investinglive.com.
Gold (XAU/USD) trims its intraday losses on Thursday as traders reposition ahead of a heavy slate of US economic data due later in the American session. At the time of writing, XAU/USD trades around $4,827, recovering after a short-lived pullback below the $4,800 psychological level. Bullion came under brief selling pressure, retreating from the record high of $4,888 set…
2026.01.22 2026.01.22 Pound Suffers From Divergence. Forecast as of 22.01.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ While Donald Trump was fuelling tensions over Greenland, the GBP/USD pair traded calmly. However, the US president’s retreat deprived the pound sterling of its support. It looks vulnerable due to divergence in monetary policy. Let’s discuss this topic and make a trading plan. The article covers the…
Trend-trading traders huddle up! USD/JPY just bounced from a key trend support zone. Think the pair will extend its weeks-long uptrend in the next trading sessions? USD/JPY 4-hour Forex Chart by TradingView The U.S. dollar is clawing back some early losses after U.S. President Trump stepped back from additional tariffs on European goods, easing U.S.-EU trade war fears. The…
FUNDAMENTAL OVERVIEW Gold came under some pressure yesterday as Trump announced that he reached a “framework” of a deal for Greenland and that he won’t go ahead with tariffs. Moreover, we got Fed’s Cook hearing yesterday and the Supreme Court appeared likely to deny Trump’s request to immediately fire her. These catalysts removed two of the strongest tailwinds of…
Here is what you need to know on Thursday, January 22: Market mood improves in the second half of the week as tensions between the United States (US) and the European Union (EU) ease. In the American session, the US Bureau of Economic Analysis will publish a revision to the third-quarter Gross Domestic Product (GDP) data and release the…
2026.01.22 2026.01.22 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 22.01.2026 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 the Elliott wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: Wave (Z) is expected to target the 80,770.57 level. Consider short positions. XRPUSD: The price is projected to decline…
Gold has been on a steady climb with higher lows connected by a rising trend line that’s been holding so far this year. Can another test of support attract more buyers? Better keep your eyes on these inflection points on the hourly chart! Gold (XAU/USD) 1-hour Chart by TradingView The safe-haven precious metal has drawn plenty of support over…
Goldman Sachs argues that the Japanese yen currency will continue to stay weak amid the latest economic and political developments domestically. The snap election called by Japan prime minister Takaichi is one key driver dragging down the currency, as she looks odds on to consolidate power to pursue her fiscal expansion further. The focus on Japan’s weakening and alarming…
Gold (XAU/USD) is seen extending the previous day’s modest pullback from the vicinity of the $4,900 mark, or a fresh all-time peak, and drifting lower through the Asian session on Thursday. This marks the first day of a negative move in the previous four and is sponsored by a combination of negative factors. US President Donald Trump pulled back…
