Summary MUFG says sustained franc strength could force the SNB to respond with negative rates or intervention. Falling oil prices in 2026 could add disinflationary pressure in Switzerland. Negative rates would make the franc more attractive as a funding currency. Fed independence concerns may continue to support CHF against the dollar. Progress on Ukraine peace talks could cap franc…
Gold (XAU/USD) rallies over 2% on Monday, reaching a record high of $4,442 amid rising geopolitical tensions and expectations that the Federal Reserve (Fed) will continue to reduce interest rates next year, pushing US Treasury yields lower. At the time of writing, XAU/USD trades at $4,435 after jumping off daily lows of $4,338. Bullion jumps over 2% as Middle…
Summary Treasury Secretary Bessent flagged possible changes to the Fed’s inflation framework and communications. Said Kevin Miran could return to the White House by February or March, aligning with a likely Fed chair decision. Bessent indicated support for an inflation target range, but only once inflation is back at 2%. He floated the idea that a new Fed chair…
Here is what you need to know on Tuesday, December 23: Expectations for a dovish Federal Reserve (Fed) monetary policy path into 2026 weigh on sentiment. The US Dollar Index (DXY) trades around 98.30, retreating after climbing to a one-week high on Friday. US Dollar Price Today The table below shows the percentage change of US Dollar (USD) against…
The US treasury auctioned off $69B of 2-year notes at a high yield of WI level at the time of the auction 3.496% Tail +0.3 basis points vs 6 month average of -0.4 bps Bid to cover 2.54Xvs 6 month average of 2.61X Directs 34.1% vs 6 month average of 31.7% Indirects 53.2% vs 6 month average of 57.1%…
The Dow Jones Industrial Average (DJIA) gained ground on Monday, heading into the Christmas holiday schedule on the front foot as equity markets tilt into the bullish side to wrap up the trading year. Stocks tied to the AI trade rose, with big boosts coming from both the financial and materials sectors. Stocks rally to wrap up 2025 Equity…
Gold prices have shattered previous records, trading around $4,425 per ounce as the precious metal caps off what is shaping up to be its strongest annual performance since 1979. But now the burning question is: Will gold push even higher toward $4,500 in the coming sessions, or are profit-takers about to trigger a sharp pullback? Gold’s price action on…
Market Summary at a Glance Historic Milestones: Both gold and silver are on track for record-breaking closes, with gold up over 2% and silver gaining more than 2.5%. Monetary Tailwinds: Expectations for two additional U.S. interest rate cuts in 2025 are lowering real yields and boosting demand for non-yielding assets. Geopolitical Safety: Rising tensions in Venezuela and broader global…
The Pound Sterling (GBP) attracts bids against its major currency peers and jumps 0.45% to near 1.3440 on Monday, following the release of the United Kingdom (UK) Q3 Gross Domestic Product (GDP) data. The Office for National Statistics (ONS) confirms that the economy grew at a quarterly pace of 0.1%, in line with preliminary estimates. Read more… HSBC analyzes…
2025.12.22 2025.12.22 US Dollar Drifts Lower Ahead Of Q3 GDP Data. Forecast as of 22.12.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ While the US economy is growing, the job market is cooling down, and inflation is losing steam, the Fed can afford to cut rates. However, the central bank plans to maintain its pause until spring. How will this affect the EUR/USD pair?…
