The Bank of England (BOE) cut its Bank Rate by 25 basis points to 3.75% at its December meeting, delivering the sixth rate reduction since August 2024. However, the decision proved far more contentious than markets anticipated, with the Monetary Policy Committee voting 5-4 in favor of the cut, revealing deep divisions about the path ahead for UK monetary…
It’s easy to dunk on strategists. It’s a year-end tradition to pull up the forecast lists and laugh at how wrong the banks were. But they did pretty well this year. With the S&P 500 trading at 6,831 today, the index is up roughly 16% on the year. That is a strong, double-digit run. And when you look at…
Gold (XAU/USD) Gold (XAU/USD) regains ground on Friday, edging modestly higher after earlier weakness, even as a resilient US Dollar (USD) caps upside momentum. At the time of writing, XAU/USD trades around $4,345, recovering from a daily low near $4,309. The precious metal briefly surged toward record highs on Thursday after US inflation data undershot expectations. However, gains quickly…
2025.12.19 2025.12.19 XAU/USD: Elliott Wave Analysis and Forecast for 19.12.25 – 26.12.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above the level of 4,260.00 with a target of 4,600.00 – 4,800.00. A buy signal: the price holds above 4,260.00. Stop Loss: below 4,260.00, Take Profit: 4,600.00 – 4,800.00. Alternative…
One of the most common problems for traders is learning when and how to cut losers and hold on to winning forex trades. Let’s talk about the latter today. Have you ever asked yourself, “Should I take profit now or should I let it run?” in the middle of an open trade? Maybe there were times when taking profit…
CNBC was earlier out with a report saying that the Fed’s Waller had a ‘strong interview’ for Fed chair. That begs the question: What does a strong interview with Trump look like? A pledge to lower rates? A pledge to take orders? I take this as CNBC trying to save us from one of the Kevins. I don’t put…
GBP/USD is trading in a tight range around 1.3375 after testing an intra-day high of 1.3446 yesterday. UK retail sales unexpectedly declined in November. Total retail sales volumes dropped -0.1% m/m (consensus: 0.3%) vs. -0.9% in October driven by reduced online demand for precious metals, BBH FX analysts report. BOE signals gradual path for future easing “Real household consumption growth…
2025.12.19 2025.12.19 WTI Crude Oil: Elliott Wave Analysis and Forecast for 19.12.25 – 26.12.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 60.15 with a target of 50.50 – 45.00. A sell signal: the price holds below 60.15. Stop Loss: above 60.15, Take Profit: 50.50 –…
USD/JPY looks ready to test a resistance level that could make or break its weeks-long consolidation! Will the pair make a run toward its January highs before the year ends? Or is USD/JPY setting up for a bearish reversal instead? USD/JPY 4-hour Forex Chart by TradingView The U.S. dollar has clawed back some ground after Thursday’s U.S. inflation reports…
Our next policy move is not automatically an interest rate hike Future decisions are to be made on a meeting-by-meeting basis Inflation risks are now slightly tilted to the downside But not in favour of pre-emptive or “insurance” rate cuts at this stage Outlook for growth and inflation in the euro area remains highly uncertain That due to the…
