Sterling dips after brief peak amid UK inflation data

Investing.com — The U.S. presidential election outcome may be too tight to call, but Charles Gave of Gavekal Research believes that if Republicans win big on Tuesday, then investors should sell the and the French bond market as quickly as possible as the single market’s economic woes are certain to deepen. “I have no idea whether…

2025.02.10 2025.02.10 US Inflation Figures May Hinder Yen’s Fragile Recovery. Forecast as of 10.02.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The most prominent BoJ hawk’s proposal to raise the overnight rate to 1% and Japan’s positive economic statistics have triggered a sell-off in the USDJPY pair. However, it is important to question the assumptions of bears and understand the…

2024.09.09 2024.09.09 USDJPY Goes Into Nosedive. Forecast as of 09.09.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The decline in US Treasury bond yields on the back of a slowdown in US employment was the primary driver behind the USDJPY pair’s nosedive. However, this is not the only positive development for the yen. Let’s discuss this topic and make a…

As shown on the XAU/USD chart today, the price of gold is: → above the psychological level of $2,500 per ounce; → near a key resistance marked by a red line labelled Support 2. This line has been preventing further price growth several times since 20 August, when the all-time high was reached. If the…