GBP/USD Forecast: Pound Sterling tests key resistance, eyes on BoE GBP/USD holds its ground and trades above 1.3350 after posting strong gains on Wednesday. Investors stay on the sidelines while waiting for the Bank of England (BoE) to announce monetary policy decisions. The renewed selling pressure surrounding the US Dollar (USD) allowed GBP/USD to gather […]
2025.08.07 2025.08.07 Pound’s Rescue Comes From Beyond the UK. Forecast as of 07.08.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ What matters more for the Bank of England: taming inflation or unemployment? Will the UK government choose to break its fiscal rules or its promises to voters? These are tough choices, but the British pound doesn’t seem to mind. Despite
The UK banking sector continues to offer value opportunities, and Barclays stands out with first-half 2025 pre-tax profits jumping 23-24% to £5.2 billion. This performance was supported by resilient investment banking revenues, demonstrating the benefits of the bank’s diversified business model. The announcement of a £1 billion share buyback scheme alongside a confirmed interim dividend of
Since the softer than expected NFP report, Fed members started to line up for a September cut. Overall, the data wasn’t as bad as one might think by just looking at the reaction but given that we were positioned for a strong report and the pricing got more hawkish after the Fed’s decision, the weaker
UK house prices grew at the fastest pace in six months in July as the property market started to stabilize following the end of the stamp duty holiday, data from the mortgage lender Halifax revealed on Thursday. House prices increased by more-than-expected 0.4 percent in July from June. Prices were expected to grow at a
Gold price attracts some safe-haven flows in reaction to Trump’s fresh tariff threats. Rising bets for a Fed rate cut in September also benefit the non-yielding commodity. The USD drops to a nearly two-week low and offers additional support to XAU/USD. Gold price (XAU/USD) climbs to the top end of the weekly range during the
2025.08.07 2025.08.07 The Dollar Isn’t Rushing Back. Forecast as of 07.08.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ High labor costs, ongoing uncertainty around US trade policy, and tariffs that aren’t high enough are discouraging companies from returning to America. Let’s discuss it and make a trading plan for EUR/USD. The article covers the following subjects: Major Takeaways US import
The meeting will be held this afternoon as key figures in Switzerland now need to think about what to do next after the trade delegation returns home empty-handed. Well, it was to be expected as there was not even a meeting arrange with Trump. And if there was a deal to be struck, you’d know
Better than expected Chinese exports in July 2025. Exports +7.2% y/y expected +5.4%, prior 5.8% Imports +4.1% y/y expected -1.0%, prior +1.1% Trade balance is a surplus of 84.2bn USD expected 105bn, prior 114.8bn Exports to the US are down 21.6% y/y in July, but of course trans shipments are hidden in these numebrs These
The Japanese Yen attracts fresh sellers amid reports of additional US tariffs. Mixed BoJ rate hike cues further undermine the JPY amid a positive risk tone. Rising September Fed rate cut bets weigh on the USD and cap the USD/JPY pair. The Japanese Yen (JPY) remains on the back foot through the Asian session on
Australia posted a seasonally adjusted merchandise trade surplus of A$5.365 billion in June, the Australian Bureau of Statistics said on Thursday. That beat expectations for a surplus of A$3.180 billion and was up from the downwardly revised A$1.604 billion in May (originally A$ A$2.238 billion). Exports jumped 6.0 percent on month to A$44.318 billion following
Trade data from Australia for June 2025. A huge surplus, way beyond estimates. 5,365mn expected 3,250mn, prior 2,238mn Exports +6.0% m/m, this is the quickest pace of increase since September 2022 Imports -3.1%, both consumer and capital goods imports fell That imports result could be cause for concerns, a healthy economy usually likes to suck
Q2 EPS: Revenue: $6.84B (vs. ~$6.7B est.) +5% y/y Global Comparable Sales: U.S. Same-Store Sales: Profit: — Apart from the company news, there is a macro angle to this. This is going to sound like a value judgment, but its not – just economics. An inferior good is an economic term for a product whose
South Korea had a current account surplus of $14.27 billion in June, the Bank of Korea said on Thursday – up from $10.14 billion in May. The goods account recorded a $13.16 billion surplus as exports increased by 2.3 percent to $60.37 billion and as imports increased by 0.7 percent to $47.21 billion, both compared
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
This article is a follow-up to the article written on July 31, 2025 titled Silver (XAG/USD) Price: Down 1.5% as Trendline Break Hints at Deeper Correction Silver prices have retraced following the initial selloff last week. Friday’s US jobs data has obviously been extensively discussed, but that was the end of the initial bearish run
The news was a little while ago, good news if we get an end to Russia’s war on Ukraine: While Trump didn’t tweet his meeting intentions, The White House sent out the news with widespread media reporting. Trump did have something to say though: Good news for markets if true. Likely outcomes: supportive for risk
