Richmond Fed President Barkin is usually a good barometer on where the core of the FOMC stands. Rate cuts so far have helped insure health of job market while Fed completes “last mile” of returning inflation to target. Economy remains “remarkably resilient.” Given growth, low unemployment rate, hard to imagine either businesses or consumers moving to the sidelines. Rise…
Gold recovers further from its lowest level since January 6 and trades above $4,900, rising about 6% on a daily basis. The US Dollar holds steady following Monday’s advance but XAU/USD preserves its bullish momentum, possibly supported by dip-buying that came after the sharp decline.
2026.02.03 2026.02.03 Gold Plunges Into Bear Market. Forecast as of 03.02.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ There were several signs of a bubble in the gold market. These included demand for ETFs that could not keep pace with prices, explosive volatility, and a break in correlations with other assets. As a result, the precious metal collapsed. Let’s discuss this topic and make…
The Reserve Bank of Australia (RBA) delivered its first interest rate hike since November 2023, raising the cash rate by 25 basis points to 3.85% in a unanimous decision that reflected mounting concern over persistent inflation pressures. The decision marked a dramatic reversal from its August 2025 rate cut, with the Board concluding that “the rate was no longer…
FUNDAMENTAL OVERVIEW USD: The US Dollar rebounded in the final part of last week with analysts pointing to the nomination of Kevin Warsh as the next Fed chair as the main catalyst. The reality is that the strong selloff in the greenback wasn’t backed by fundamentals in the first place. The greenback didn’t have strong reasons to appreciate, but…
Gold recovers further from its lowest level since January 6, touched the previous day, and retakes the $4,900 mark during the early European session on Tuesday. The US Dollar edges lower and moves away from an over one-week high, and assists the commodity to regain positive traction following a steep decline over the past two days.
2026.02.03 2026.02.03 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 03.02.2026 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. All three cryptocurrencies continue to decline. The article covers the following subjects: Major Takeaways BTCUSD: Wave (Z) continues to develop. The price may decline to 71,786.58. Consider short positions….
The RBA’s January interest rate hike gave the Australian dollar a fresh lift and kept AUD/NZD on track to extend its long-term uptrend. Is the pair on its way to new 2026 highs? Here’s what we’re seeing on the daily time frame: AUD/NZD Daily Forex Chart Faster With TradingView In case you missed it, the Reserve Bank of Australia…
We are still looking to bring inflation down without sacrificing much The economy is actually in a really good position The labour market is really strong and domestic demand is recovering But it is just that we’re supply constrained, and it might be more so than what we thought a while back We’re still adopting the same approach/strategy but…
The AUD/JPY cross rises to around 108.85 during the Asian trading hours on Tuesday. The Australian Dollar (AUD) strengthens against the Japanese Yen (JPY) after the Reserve Bank of Australia (RBA) interest rate decision. Traders will keep an eye on the RBA press conference later on Tuesday at 4:30 GMT for more cues about the interest rate outlook. As widely…
