Pound Weakens Amid Political Uncertainty. Forecast as of 12.05.2026

2026.05.12 2026.05.12 Pound Weakens Amid Political Uncertainty. Forecast as of 12.05.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Keir Starmer’s position has been under threat for quite some time, but the Labour Party’s defeat in the local elections has only intensified speculation about a possible replacement of the prime minister. Rising political risks are weighing on the GBP/USD pair. Let’s discuss the situation and…

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Hotter CPI and equity risks – ING

ING strategists Francesco Pesole, Frantisek Taborsky and Chris Turner expect a 0.9% MoM United States (US) Consumer Price Index (CPI) print, above consensus, with core at 0.3% MoM. They argue this could reinforce hawkish repricing in the USD curve, but say Dollar upside hinges on how equities react and on developments in US-Iran talks, which they see as a…

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Technical Analysis of US Crude, XAUUSD, and EURUSD for Today (May 12, 2026)

2026.05.12 2026.05.12 Short-Term Analysis for Oil, Gold, and EURUSD for 12.05.2026 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Gold continues its short-term bearish trend. The…

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What Traders Need to Know About This Week’s Trump-Xi Summit

If markets have one appointment circled in red this week, it’s Beijing. President Trump is paying a state visit to China from May 13 to 15 — the first visit to China by an American president in almost nine years. For traders, a diplomatic handshake can still pack plenty of market punch. Currency, commodity, and stock moves could shift…

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