The main events by the morning: December 20

MUFG notes robust Korean export growth, especially in semiconductors, but says KRW has underperformed on heavy foreign equity outflows and AI-valuation concerns. With the Bank of Korea seen at the end of its easing cycle and KRW volatility elevated, MUFG expects choppy trading, though its forecasts show a gradual USD/KRW drift lower through 2026. Equity…

UBS revised its inflation forecast for Japan, projecting higher inflation rates in the coming years due to a robust US dollar and increased energy prices. The UBS FX team adjusted their foreign exchange outlook, now expecting the exchange rate to hit 150 by the end of 2025, up from the previous estimate of 145. This…

2025.06.16 2025.06.16 Yen Braces for Hawkish Fed. Forecast as of 16.06.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ While the Bank of Japan meeting is not expected to bring any surprises, the Federal Reserve’s actions may hold more variability. The ongoing armed conflict in the Middle East may spur inflation in the United States, allowing the Fed to extend its…

2024.10.25 2024.10.25 GBPUSD: Elliott wave analysis and forecast for 25.10.24 – 01.11.24 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Highlights and key points Main scenario: consider long positions from corrections above the level of 1.2907 with a target of 1.3600 – 1.3800. A buy signal: if the price holds above level 1.2907. Stop Loss:…