What does AI mean for the USD?

2024.06.20 2024.06.20 Pound may collapse against dovish BoE decision. Forecast as of 20.06.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The Bank of England does not play political games and will not give a hand to the ruling party. At the same time, the repo rate cut to 5% from 5.25% is unlikely to save the Conservatives from defeat. Let’s…

By RoboForex Analytical Department  The GBP/USD pair climbed to 1.3064 on Thursday, marking a 2.46% gain over the past four weeks and a 2.87% increase against the US dollar over the last 12 months. The British pound continues to strengthen, outperforming many of its major counterparts. Key factors driving the GBP/USD rally The UK is…

2025.04.14 2025.04.14 Safe-Haven Yen Soars Against Trump Tariffs. Forecast as of 14.04.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ While Washington is offering Tokyo a reprieve on tariffs, attributing the USDJPY pair’s downtrend to the strength of the Japanese economy and the BoJ’s overnight rate hike, the yen is strengthening on other factors. The Japanese currency is regarded as a…

Kemi Badenoch has told shadow ministers she wants a period of silence from Liz Truss, as the Conservative leader seeks to distance herself from her predecessor’s economic legacy. Badenoch told the shadow cabinet last week that she wished Truss would stop intervening in British politics after the former prime minister wrote a “cease and desist”…

2025.05.30 2025.05.30 USD/JPY: Elliott Wave Analysis and Forecast for 30.05.25 – 06.06.25 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 146.32 with a target of 138.65 – 131.50. A sell signal: the price rebounds from 146.32 to the downside. Stop Loss: above…