2025.11.04 2025.11.04 Gold Declines As Demand Drops. Forecast as of 04.11.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The third quarter was a stellar period for gold. Central banks bought bullion, ETF holdings increased, and the US dollar weakened amid expectations of a Fed rate cut. However, at the end of October, these trends reversed. Let’s discuss this topic and […]
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We are keeping interest rates low, so that inflation remains in range of price stability (target range 0-2%) Our interest rates are where they should be Whether the Franc is correctly valued, overvalued or not is not decisive for our monetary policy What is important is how the exchange rate changes and its effect on
The Reserve Bank of Australia maintained its key interest rate as the full effects of earlier rate cuts are yet to be felt and policymakers became cautious after data showed evidence of more persistent inflation. The policy board governed by Michele Bullock decided to hold the cash rate at 3.60 percent, as widely expected, on
Australian Dollar traded mildly lower after the RBA left its cash rate unchanged at 3.60%, a move fully expected by markets. The policy hold came with few surprises, and the key takeaway was that the RBA’s updated forecasts signal no further rate cuts this year, reflecting a sharper upward revision in near-term inflation. The decision
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European corporates have been shortening the tenor of their foreign exchange forwards hedges so they can react more quickly to market conditions should spot and hedging costs improve, according to dealers. Banks say corporates that typically might have hedged at the five-year tenor are now looking at monthly rolling strategies, for example. “Our volumes pick
Bets for a Reserve Bank of Australia rate cut jumped after soft jobs data but were cut back again after inflation data came in hot. The consensus was for no rate cut today, which is what we have. From the statement accompanying the decision: The Reserve Bank of Australia kept the cash rate unchanged at
Key takeaways RBA pause likely: Hotter-than-expected inflation and a rebound in Australia’s services sector may prompt the RBA to halt its rate-cut cycle in November and December. AUD/USD supported: Renewed rate-differential advantage and easing U.S.–China tensions could lend short-term upside momentum to the Australian dollar. Key levels to watch: AUD/USD remains bullish above 0.6515 support,
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The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.0885 compared to the previous day’s fix of 7.0867 and 7.1226 Reuters estimate. PBOC FAQs The primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard price stability, including exchange rate stability,
The manufacturing sector in Japan continued to contract in October, and at a faster pace, the latest survey from Jibun Bank revealed on Tuesday with a manufacturing PMI score of 48.2. That missed expectations for 48.3 and was down from 48.5 in September. It also moves further beneath the boom-or-bust line of 50 that separates
Ether tumbled as much as 9% on Monday, breaking below a key technical support level at $3,600 after hackers drained over $100 million from a major decentralized-finance protocol on the Ethereum network. The sharp drop leaves the world’s second-largest cryptocurrency roughly 25% below its August 22 peak of $4,885, extending a volatile stretch for digital-asset
The Canadian Dollar (USD) caught an extended bout of market weakness on Monday, sinking for a third straight trading day against the US Dollar (USD) and falling back into recent lows, driving the USD/CAD pair back into the 1.4050 region. The Bank of Canada (BoC) trimmed interest rates by another 25 basis points last week,
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As stipulated in my commentary a couple of weeks ago, gold did breach the key psychological level of $4,000 and continued lower to the first resistance level of approximately ~$3,889. What’s happened since, however, is more a following of the first scenario: Gold price action will form a base, consolidate, and stage another leg higher,
Bitcoin (BTCUSD) is trading sharply lower, down $4,700 (-4.3%) at $105,760, after touching an intraday low of $105,440. The decline marks the lowest level since October 17, and Bitcoin is now on track to close at its weakest level since July 1, when it settled at $105,709. The move comes amid renewed selling pressure driven
