GBP/USD climbs as US CPI miss fuels Fed rate cut bets GBP/USD advances on Wednesday during the North American session, boosted by a weaker-than-expected consumer inflation report in the United States (US), which increased speculation that the Federal Reserve (Fed) may reduce borrowing costs twice in 2025. At the time of writing, the pair trades at 1.3537, up 0.34%….
2025.06.11 2025.06.11 US Dollar Remains Resilient Ahead of US CPI Data. Forecast as of 11.06.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ As long as the US economy remains strong, the “Sell America” strategy holds little practical value. The S&P 500 index is rising, and EURUSD bears are maintaining their position. Will US inflation data hurt the euro? Let’s discuss this topic and make…
The UK jobs market showed clear signs of weakening in May, with unemployment hitting 4.6% – its highest level in nearly four years – while job vacancies fell sharply and wage growth decelerated, according to the latest Office for National Statistics data. Key Takeaways: Unemployment rate increased to 4.6% in February-April 2025, up from 4.5% in the previous quarter…
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The US-China trade deal is taking shape, with Trump’s comments of a “done deal” lifting optimism. US Consumer inflation falls in May, easing Fed expectations and capping US Dollar gains on Wednesday. USD/CHF trades below 0.8200 with US Treasury Secretary Scott Bessent testifying on Trump’s tax bill ahead of the July 9 deadline. The Swiss Franc (CHF) is receiving…
2025.06.11 2025.06.11 Short-Term Analysis for BTCUSD, XRPUSD and ETHUSD for 11.06.2025 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. The article covers the following subjects: Major Takeaways BTCUSD: The bullish impulse 5 may continue unfolding shortly. Consider buying with Take Profit at 115,288.15 XRPUSD: The price is…
Markets showed signs of caution while awaiting updates from US-China trade talks, before the World Bank’s updated global growth forecasts shook things up. WTI crude oil wound up erasing its intraday gains on downgraded 2025 growth estimates while Treasury yields and the dollar took advantage of safe-haven gains. Here are headlines you may have missed in the last trading…
Speaking on CNBC: China is going to approve all applications for magnets for US companies Trump-Xi has to approve final wording I am really excited about how this is going to work for America China is always trying to remove export controls. This is an American agreement only. Not for other countries We will take off counter measure You…
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2025.06.11 2025.06.11 SNB Abandons Currency Interventions. Forecast as of 11.06.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Facing the risk of being labeled a currency manipulator, the Swiss National Bank is forced to revert to negative interest rates. Will this policy shift support USDCHF bulls, or will broader headwinds outweigh the upside? Let’s discuss this topic and make a trading plan. The article covers the…
