It is two days after the FOMC rate decision where the voting members decided by a 9-3 vote to cut rates by 25 basis points with 2 voting to keep rates unchanged and 1 (Miran) voted for a 50 basis point cut. Miran. Fed’s Goolsbee and Paulson are out with comments as to their choices and whys. Austan Goolsbee…
USD recovered some of yesterday’s losses and trading close to the middle of its range in place since June. The MSCI All Country World Index rallied to a record high yesterday underpinned by Fed easing and resilient global economic activity. USD has room to edge down to the lower-end of its range as it converges towards the level implied by US-G6…
2025.12.12 2025.12.12 EUR/USD: Elliott Wave Analysis and Forecast for 12.12.25 – 19.12.25 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 1.1612 with a target of 1.1915 – 1.2100. A buy signal: the price holds above 1.1612. Stop Loss: below 1.1570, Take Profit: 1.1915 – 1.2100. Alternative…
KEY POINTS: The Fed delivered on expectations cutting by 25 bps and signalling a higher bar for further rate cuts Fed Chair Powell sounded dovish by downplaying inflation risk and emphasising labour market weakness Gold broke out of the two-week long consolidation and extended the gains as momentum increased FUNDAMENTAL OVERVIEW Gold finally broke out of the consolidation below…
The Pound Sterling (GBP) faces selling pressure against its major peers on Friday following the release of the United Kingdom (UK) Gross Domestic Product (GDP) data for October. The GDP report showed that the economic growth contracted again by 0.1%, missing expectations of a 0.1% expansion. Weak UK GDP data defies the recent economic growth upgrade from the Office…
2025.12.12 2025.12.12 Short-Term Analysis for Oil, Gold, and EURUSD for 12.12.2025 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. Yesterday, oil tumbled below the November low but…
OPTION EXPIRIES: EUR/USD 1.1800 (EUR 737.28 mn) 1.1755 (EUR 565.70 mn) 1.1700 (EUR 664.57 mn) 1.1600 (EUR 935.93 mn) USD/JPY GBP/USD 1.3415 (GBP 421.17 mn) 1.3250 (GBP 781.13 mn) USD/CHF 0.8000 (US$ 350.67 mn) 0.7700 (US$ 300.00 mn) USD/CAD 1.3940 (US$ 600.00 mn) 1.3800 (US$ 652.00 mn) AUD/USD EUR/GBP 0.8800 (EUR 486.21 mn) 0.8740 (EUR 411.89 mn) 0.8700 (EUR…
Gold prices fell in Philippines on Friday, according to data compiled by FXStreet. The price for Gold stood at 8,103.85 Philippine Pesos (PHP) per gram, down compared with the PHP 8,120.98 it cost on Thursday. The price for Gold decreased to PHP 94,521.67 per tola from PHP 94,721.45 per tola a day earlier. Unit measure Gold Price in PHP…
As expected, the Swiss National Bank (SNB) kept interest rates on hold at 0.00% during their December meeting, despite inflation hitting the bottom of its target range. SNB policymakers emphasized their commitment to avoiding negative interest rates and signaled that monetary policy could remain at its current state for an extended period. Key Takeaways SNB maintained the policy rate…
An earthquake shook up the Pacific coast of Japan approximately 130 km NE of Kuji. There is no damage expected but a tsunami warning has been issued. This article was written by Adam Button at investinglive.com.
