EUR/GBP sinks back down to lows not seen since 2022 after the Bank of England decision on Thursday. Even though the BoE decided to cut interest rates as expected, their uncertainty over the impact of the Budget supported GBP. The Euro had a mixed day after weak German export and industrial data but strong overall Retail Sales from the region. EUR/GBP trades marginally lower on Thursday, in the 0.8320s as it consolidates just above two-and-a-half year lows, and the bottom of a five-week range. The pair started Thursday deep in the red after the release of lackluster German Industrial Production and Export data weighed on the Euro (EUR).

EUR/GBP sinks back down to lows not seen since 2022 after the Bank of England decision on Thursday. Even though the BoE decided to cut interest rates as expected, their uncertainty over the impact of the Budget supported GBP. The Euro had a mixed day after weak German export and industrial data but strong overall Retail Sales from the region. EUR/GBP trades marginally lower on Thursday, in the 0.8320s as it consolidates just above two-and-a-half year lows, and the bottom of a five-week range. The pair started Thursday deep in the red after the release of lackluster German Industrial Production and Export data weighed on the Euro (EUR).

The US Dollar (USD) keeps seeing selling pressure throughout the trading day on Thursday, with profit-taking pressure persisting after the Greenback had its best performance in years in reaction to Donald Trump winning the US presidential election. Traders’ attention shifts now to the Federal Reserve (Fed), which is set to cut interest rates by 25 basis points (bps) this Thursday. With the rate decision fully priced in, the focus will be on Fed Chairman Jerome Powell, specifically on the inflation and rate outlook for December and beyond in light of the US presidential election outcome. The US economic calendar is picking up in weight, with the weekly Jobless Claims set to be released. The quarterly Nonfarm Productivity and Unit Labor Costs will add some weight to the price reaction as well. Right at the end of the trading day, the Fed will release its rate decision, followed by Fed Chairman Powell’s press conference shortly thereafter.

The US Dollar (USD) keeps seeing selling pressure throughout the trading day on Thursday, with profit-taking pressure persisting after the Greenback had its best performance in years in reaction to Donald Trump winning the US presidential election. Traders’ attention shifts now to the Federal Reserve (Fed), which is set to cut interest rates by 25 basis points (bps) this Thursday. With the rate decision fully priced in, the focus will be on Fed Chairman Jerome Powell, specifically on the inflation and rate outlook for December and beyond in light of the US presidential election outcome. The US economic calendar is picking up in weight, with the weekly Jobless Claims set to be released. The quarterly Nonfarm Productivity and Unit Labor Costs will add some weight to the price reaction as well. Right at the end of the trading day, the Fed will release its rate decision, followed by Fed Chairman Powell’s press conference shortly thereafter.

The USD/CAD pair corrects below the round-level figure of 1.3900 in Thursday’s North American session. The Loonie pair drops after rallying on Wednesday as the US Dollar (USD) faces some unwinding ahead of the Federal Reserve’s (Fed) monetary policy decision, which will be announced at 19:00 GMT. The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, retraces 50% gains of Wednesday’s session, in which it rose almost 1.60%. Traders have priced in that the Fed to cut interest rates by 25 basis points (bps) to 4.50%-4.75%, according to the CME FedWatch tool. Investors will look for cues about the likely monetary policy action in December and the impact of Republican Donald Trump’s victory on the inflation outlook.

The USD/CAD pair corrects below the round-level figure of 1.3900 in Thursday’s North American session. The Loonie pair drops after rallying on Wednesday as the US Dollar (USD) faces some unwinding ahead of the Federal Reserve’s (Fed) monetary policy decision, which will be announced at 19:00 GMT. The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, retraces 50% gains of Wednesday’s session, in which it rose almost 1.60%. Traders have priced in that the Fed to cut interest rates by 25 basis points (bps) to 4.50%-4.75%, according to the CME FedWatch tool. Investors will look for cues about the likely monetary policy action in December and the impact of Republican Donald Trump’s victory on the inflation outlook.

Donald Trump’s 2024 campaign is generating significant attention in the cryptocurrency community, as his stance appears to favor a more lenient regulatory approach to digital assets. Trump has openly stated he wants to be the "crypto president" and has promised to advocate for policies that encourage innovation in blockchain and cryptocurrency sectors. This contrasts sharply with the Democratic stance, which has generally pushed for tighter regulations around crypto due to concerns over financial stability, fraud, and consumer protection. Cryptocurrency advocates view Trump’s potential return to office as a promising development, especially as he could roll back some of the regulatory hurdles set by the Biden administration. Under Biden, several regulatory actions were perceived as restrictive by crypto businesses and investors, contributing to a challenging environment for the industry in the U.S. Trump’s campaign has hinted that he may facilitate policies encouraging the growth of blockchain technology, which could make the U.S. more competitive globally in the digital finance space. This pro-crypto positioning has drawn substantial financial support from crypto-backed political action committees (PACs) and industry players. For instance, major crypto firms have donated millions to PACs aiming to elect candidates sympathetic to the industry’s goals, helping build a coalition of pro-crypto lawmakers. Coinbase, a major crypto exchange, contributed $25 million to the Fairshake PAC, reflecting the industry's commitment to reshaping Congress to be more favorable to crypto-friendly policies. In summary, Trump’s campaign is creating optimism within the cryptocurrency community, which sees potential for regulatory relief and new growth opportunities. With Trump signaling his openness to the crypto sector, industry leaders are hoping for more supportive policies and a clearer regulatory landscape if he wins the election.

Donald Trump’s 2024 campaign is generating significant attention in the cryptocurrency community, as his stance appears to favor a more lenient regulatory approach to digital assets. Trump has openly stated he wants to be the "crypto president" and has promised to advocate for policies that encourage innovation in blockchain and cryptocurrency sectors. This contrasts sharply with the Democratic stance, which has generally pushed for tighter regulations around crypto due to concerns over financial stability, fraud, and consumer protection. Cryptocurrency advocates view Trump’s potential return to office as a promising development, especially as he could roll back some of the regulatory hurdles set by the Biden administration. Under Biden, several regulatory actions were perceived as restrictive by crypto businesses and investors, contributing to a challenging environment for the industry in the U.S. Trump’s campaign has hinted that he may facilitate policies encouraging the growth of blockchain technology, which could make the U.S. more competitive globally in the digital finance space. This pro-crypto positioning has drawn substantial financial support from crypto-backed political action committees (PACs) and industry players. For instance, major crypto firms have donated millions to PACs aiming to elect candidates sympathetic to the industry’s goals, helping build a coalition of pro-crypto lawmakers. Coinbase, a major crypto exchange, contributed $25 million to the Fairshake PAC, reflecting the industry's commitment to reshaping Congress to be more favorable to crypto-friendly policies. In summary, Trump’s campaign is creating optimism within the cryptocurrency community, which sees potential for regulatory relief and new growth opportunities. With Trump signaling his openness to the crypto sector, industry leaders are hoping for more supportive policies and a clearer regulatory landscape if he wins the election.

The Federal Reserve is widely expected to lower the policy rate after Donald Trump won the US presidential election. Fed Chairman Powell’s remarks could provide important clues about the rate outlook. The US Dollar rally could lose steam in case the Fed leaves the door open for another rate cut in December. The US Federal Reserve (Fed) will announce monetary policy decisions following the November policy meeting on Thursday, just barely two days after Donald Trump was elected as the 47th president of the United States. Market participants widely anticipate that the US central bank will lower the policy rate by 25 basis points (bps) to the range of 4.5%-4.75%. The CME FedWatch Tool shows that investors are fully pricing in a 25 bps cut, while there is a nearly 70% probability of another rate reduction in December. The market positioning suggests that the US Dollar (USD) faces a two-way risk heading into the event.

The Federal Reserve is widely expected to lower the policy rate after Donald Trump won the US presidential election. Fed Chairman Powell’s remarks could provide important clues about the rate outlook. The US Dollar rally could lose steam in case the Fed leaves the door open for another rate cut in December. The US Federal Reserve (Fed) will announce monetary policy decisions following the November policy meeting on Thursday, just barely two days after Donald Trump was elected as the 47th president of the United States. Market participants widely anticipate that the US central bank will lower the policy rate by 25 basis points (bps) to the range of 4.5%-4.75%. The CME FedWatch Tool shows that investors are fully pricing in a 25 bps cut, while there is a nearly 70% probability of another rate reduction in December. The market positioning suggests that the US Dollar (USD) faces a two-way risk heading into the event.

The impact of Trump's election on the gold market is quite fascinating. Historically, gold tends to perform slightly below its long-term average around US presidential elections, but this isn't statistically significant ¹. However, during Trump's presidency, gold rose by 60%, with a 30% increase pre-COVID and another 30% during the pandemic ¹. This growth was largely driven by broader macroeconomic factors and central bank buying.

The impact of Trump's election on the gold market is quite fascinating. Historically, gold tends to perform slightly below its long-term average around US presidential elections, but this isn't statistically significant ¹. However, during Trump's presidency, gold rose by 60%, with a 30% increase pre-COVID and another 30% during the pandemic ¹. This growth was largely driven by broader macroeconomic factors and central bank buying.

EUR/JPY is unfurling a consolidation phase within an uptrend. Eventually it is expected to break higher. An open gap just below price presents a short-term bearish risk, however, and a deeper pullback might evolve first. EUR/JPY is still unwinding a consolidation phase within a short and medium-term uptrend. Given the technical analysis maxim that “the trend is your friend”, however, the odds still favor an eventual continuation higher once this phase ends. A break above 166.69 (October 31 high) would probably confirm such a continuation higher. Resistance at 167.96 (July 30 swing high) could provide an initial target and act as a barrier to further upside.

EUR/JPY is unfurling a consolidation phase within an uptrend. Eventually it is expected to break higher. An open gap just below price presents a short-term bearish risk, however, and a deeper pullback might evolve first. EUR/JPY is still unwinding a consolidation phase within a short and medium-term uptrend. Given the technical analysis maxim that “the trend is your friend”, however, the odds still favor an eventual continuation higher once this phase ends. A break above 166.69 (October 31 high) would probably confirm such a continuation higher. Resistance at 167.96 (July 30 swing high) could provide an initial target and act as a barrier to further upside.

The value of Bitcoin jumped by more than $6,600 (£5,120) to an all-time high of $75,999.04. Trump's stance on crypto stands in stark contrast with that of the Biden administration, which has led a sweeping crackdown on crypto firms. He pledged to make the US “the bitcoin superpower of the world”. During the election campaign, Trump had suggested that he could fire Gary Gensler, the chair of US regulator the Securities and Exchange Commission, who has taken legal action against several crypto firms.

The value of Bitcoin jumped by more than $6,600 (£5,120) to an all-time high of $75,999.04. Trump's stance on crypto stands in stark contrast with that of the Biden administration, which has led a sweeping crackdown on crypto firms. He pledged to make the US “the bitcoin superpower of the world”. During the election campaign, Trump had suggested that he could fire Gary Gensler, the chair of US regulator the Securities and Exchange Commission, who has taken legal action against several crypto firms.

A Trump presidency has historically boosted Bitcoin's price due to his supportive crypto stance. Trump's victory might reduce regulatory hurdles, potentially attracting more investors to Bitcoin. His pledges to establish the US as a crypto hub and appoint a crypto-friendly SEC chair have sparked market optimism. Ultimately, the outcome of the election will shape the cryptocurrency market and bitcoin price will most likely experience both volatility and opportunities for growth.

A Trump presidency has historically boosted Bitcoin's price due to his supportive crypto stance. Trump's victory might reduce regulatory hurdles, potentially attracting more investors to Bitcoin. His pledges to establish the US as a crypto hub and appoint a crypto-friendly SEC chair have sparked market optimism. Ultimately, the outcome of the election will shape the cryptocurrency market and bitcoin price will most likely experience both volatility and opportunities for growth.

The impact of Donald Trump's presidency on USDT trading is quite fascinating. As a pro-crypto candidate, Trump's policies might stimulate institutional investment and elevate Bitcoin's market value ¹. His economic policies, characterized by deregulation and tax reductions, could also mirror his approach to crypto, making Bitcoin more attractive to institutions ¹. It's essential to consider that Trump's running mate, Senator J.D. Vance, is a strong advocate for cryptocurrency, and the Republican party platform supports crypto rights ¹. Additionally, Trump's launch of World Liberty Financial, a crypto project built on Aave and Ethereum, showcases his commitment to the industry ¹. However, some experts argue that Trump's actions might not align with his pro-crypto rhetoric. Frank Corva, senior analyst at Finder.com, suggests that Trump's past actions don't necessarily support his current stance on crypto ². *Key Factors Influencing Trump's Impact on Crypto:* - _Deregulation_: Trump's support for deregulation could positively impact the crypto industry ¹ ². - _Pro-Crypto Policies_: Trump's alignment with pro-crypto advocates and his launch of crypto-friendly initiatives ¹. - _Economic Policies_: Trump's economic policies, including tax reductions, might make Bitcoin more attractive to institutions ¹. - _Regulatory Environment_: The regulatory environment under Trump's presidency could significantly influence the crypto industry ².

The impact of Donald Trump's presidency on USDT trading is quite fascinating. As a pro-crypto candidate, Trump's policies might stimulate institutional investment and elevate Bitcoin's market value ¹. His economic policies, characterized by deregulation and tax reductions, could also mirror his approach to crypto, making Bitcoin more attractive to institutions ¹. It's essential to consider that Trump's running mate, Senator J.D. Vance, is a strong advocate for cryptocurrency, and the Republican party platform supports crypto rights ¹. Additionally, Trump's launch of World Liberty Financial, a crypto project built on Aave and Ethereum, showcases his commitment to the industry ¹. However, some experts argue that Trump's actions might not align with his pro-crypto rhetoric. Frank Corva, senior analyst at Finder.com, suggests that Trump's past actions don't necessarily support his current stance on crypto ². *Key Factors Influencing Trump's Impact on Crypto:* - _Deregulation_: Trump's support for deregulation could positively impact the crypto industry ¹ ². - _Pro-Crypto Policies_: Trump's alignment with pro-crypto advocates and his launch of crypto-friendly initiatives ¹. - _Economic Policies_: Trump's economic policies, including tax reductions, might make Bitcoin more attractive to institutions ¹. - _Regulatory Environment_: The regulatory environment under Trump's presidency could significantly influence the crypto industry ².

Donald Trump's impact on USDT trading is quite fascinating. It appears that his polling numbers and election prospects have a direct correlation with Bitcoin's price movements, which in turn affects USDT trading. This phenomenon is often referred to as the "Trump trade" effect ¹. In the crypto market, Trump's influence is evident in the price movements of coins like TRUMPUSDT and STRUMPUSDT. These coins have experienced significant volatility, with price swings of up to -78.96% and -0.50% in the past year ² ³. *Key Factors Influencing TRUMPUSDT and STRUMPUSDT Prices* - _Election Uncertainty_: Trump's election prospects and polling numbers contribute to market uncertainty, driving price volatility ¹. - _Investor Sentiment_: Market sentiment shifts with Trump's rising influence, impacting investor decisions ¹. - _Technical Analysis_: Indicators suggest neutral to strong sell signals for TRUMPUSDT and STRUMPUSDT ² ³. *Trading Considerations* Before investing in TRUMPUSDT or STRUMPUSDT, consider the following: - _Volatility_: Prepare for significant price swings due to election-related uncertainty ² ³. - _Market Sentiment_: Monitor investor sentiment and adjust trading strategies accordingly ¹. - _Technical Analysis_: Utilize technical indicators to inform trading decisions ² ³.

Donald Trump's impact on USDT trading is quite fascinating. It appears that his polling numbers and election prospects have a direct correlation with Bitcoin's price movements, which in turn affects USDT trading. This phenomenon is often referred to as the "Trump trade" effect ¹. In the crypto market, Trump's influence is evident in the price movements of coins like TRUMPUSDT and STRUMPUSDT. These coins have experienced significant volatility, with price swings of up to -78.96% and -0.50% in the past year ² ³. *Key Factors Influencing TRUMPUSDT and STRUMPUSDT Prices* - _Election Uncertainty_: Trump's election prospects and polling numbers contribute to market uncertainty, driving price volatility ¹. - _Investor Sentiment_: Market sentiment shifts with Trump's rising influence, impacting investor decisions ¹. - _Technical Analysis_: Indicators suggest neutral to strong sell signals for TRUMPUSDT and STRUMPUSDT ² ³. *Trading Considerations* Before investing in TRUMPUSDT or STRUMPUSDT, consider the following: - _Volatility_: Prepare for significant price swings due to election-related uncertainty ² ³. - _Market Sentiment_: Monitor investor sentiment and adjust trading strategies accordingly ¹. - _Technical Analysis_: Utilize technical indicators to inform trading decisions ² ³.

Don’t trade just because you have a position open. Always wait for clear signals from your strategy and market conditions before entering a trade. Patience pays off!

Don’t trade just because you have a position open. Always wait for clear signals from your strategy and market conditions before entering a trade. Patience pays off!

Donald Trump's impact on USDT trading is quite fascinating. It appears that his polling numbers and election prospects have a direct correlation with Bitcoin's price movements, which in turn affects USDT trading. This phenomenon is often referred to as the "Trump trade" effect ¹. In the crypto market, Trump's influence is evident in the price movements of coins like TRUMPUSDT and STRUMPUSDT. These coins have experienced significant volatility, with price swings of up to -78.96% and -0.50% in the past year ² ³. *Key Factors Influencing TRUMPUSDT and STRUMPUSDT Prices* - _Election Uncertainty_: Trump's election prospects and polling numbers contribute to market uncertainty, driving price volatility ¹. - _Investor Sentiment_: Market sentiment shifts with Trump's rising influence, impacting investor decisions ¹. - _Technical Analysis_: Indicators suggest neutral to strong sell signals for TRUMPUSDT and STRUMPUSDT ² ³. *Trading Considerations* Before investing in TRUMPUSDT or STRUMPUSDT, consider the following: - _Volatility_: Prepare for significant price swings due to election-related uncertainty ² ³. - _Market Sentiment_: Monitor investor sentiment and adjust trading strategies accordingly ¹. - _Technical Analysis_: Utilize technical indicators to inform trading decision's.

Donald Trump's impact on USDT trading is quite fascinating. It appears that his polling numbers and election prospects have a direct correlation with Bitcoin's price movements, which in turn affects USDT trading. This phenomenon is often referred to as the "Trump trade" effect ¹. In the crypto market, Trump's influence is evident in the price movements of coins like TRUMPUSDT and STRUMPUSDT. These coins have experienced significant volatility, with price swings of up to -78.96% and -0.50% in the past year ² ³. *Key Factors Influencing TRUMPUSDT and STRUMPUSDT Prices* - _Election Uncertainty_: Trump's election prospects and polling numbers contribute to market uncertainty, driving price volatility ¹. - _Investor Sentiment_: Market sentiment shifts with Trump's rising influence, impacting investor decisions ¹. - _Technical Analysis_: Indicators suggest neutral to strong sell signals for TRUMPUSDT and STRUMPUSDT ² ³. *Trading Considerations* Before investing in TRUMPUSDT or STRUMPUSDT, consider the following: - _Volatility_: Prepare for significant price swings due to election-related uncertainty ² ³. - _Market Sentiment_: Monitor investor sentiment and adjust trading strategies accordingly ¹. - _Technical Analysis_: Utilize technical indicators to inform trading decision's.

Interest rate trims typically reduce support for a country's currency. Foreign exchange markets this week have been dominated by the rippling effect of the U.S. election. Currency markets may also be taking guidance from the BOE's cautious tone on the trajectory of potential future rate cuts:

Interest rate trims typically reduce support for a country's currency. Foreign exchange markets this week have been dominated by the rippling effect of the U.S. election. Currency markets may also be taking guidance from the BOE's cautious tone on the trajectory of potential future rate cuts:

Today’s trading turned out to be incredibly rewarding. I’d been watching USD/JPY closely, noticing it had been showing consistent support levels after a period of consolidation. With inflation data from Japan coming in lower than expected, it looked like a good setup for a strong upward move on the pair. I entered my position in the morning, aiming to capture a rally if the data aligned with the trend I’d spotted. Sure enough, the market responded as I anticipated. USD strengthened against the yen as investors shifted back to the dollar, pushing the trend higher. I also kept an eye on any potential news that might disrupt this move but saw no signs of immediate reversal. By late afternoon, my trade was sitting comfortably in profit. I set a trailing stop to secure gains while still allowing for further movement. The trade continued to rise, allowing me to secure a solid gain by the close of the session. Moments like these, where analysis and timing align, make all the effort feel worthwhile. #WikiEXPO2024 #SeeingInvestmentDiversity #TradingAnalysis #PortfolioInvestment

Today’s trading turned out to be incredibly rewarding. I’d been watching USD/JPY closely, noticing it had been showing consistent support levels after a period of consolidation. With inflation data from Japan coming in lower than expected, it looked like a good setup for a strong upward move on the pair. I entered my position in the morning, aiming to capture a rally if the data aligned with the trend I’d spotted. Sure enough, the market responded as I anticipated. USD strengthened against the yen as investors shifted back to the dollar, pushing the trend higher. I also kept an eye on any potential news that might disrupt this move but saw no signs of immediate reversal. By late afternoon, my trade was sitting comfortably in profit. I set a trailing stop to secure gains while still allowing for further movement. The trade continued to rise, allowing me to secure a solid gain by the close of the session. Moments like these, where analysis and timing align, make all the effort feel worthwhile. #WikiEXPO2024 #SeeingInvestmentDiversity #TradingAnalysis #PortfolioInvestment

The 2024 U.S. presidential election is expected to significantly impact the Forex market. The outcome will shape U.S. economic, fiscal, and trade policies, influencing currency values . Donald Trump wins, we can expect: - Continued Deregulation: Trump's policies may lead to increased economic growth, but also higher inflation and interest rates. - Trade Policy Changes: Potential tariffs and trade disputes, especially with China, could disrupt global supply chains and cause currency fluctuations. - Dollar Strength: Trump's tax cuts and deregulation could boost the U.S. dollar's value, at least initially.

The 2024 U.S. presidential election is expected to significantly impact the Forex market. The outcome will shape U.S. economic, fiscal, and trade policies, influencing currency values . Donald Trump wins, we can expect: - Continued Deregulation: Trump's policies may lead to increased economic growth, but also higher inflation and interest rates. - Trade Policy Changes: Potential tariffs and trade disputes, especially with China, could disrupt global supply chains and cause currency fluctuations. - Dollar Strength: Trump's tax cuts and deregulation could boost the U.S. dollar's value, at least initially.

market confidence in Trump’s return to the White House is rising. This is reflected in bonds, the US dollar, and equity futures. One of the clearest signs is Bitcoin, which recently reached $75,000 for the first time

market confidence in Trump’s return to the White House is rising. This is reflected in bonds, the US dollar, and equity futures. One of the clearest signs is Bitcoin, which recently reached $75,000 for the first time

We can expect Fed Chairman Powell to steer clear of predictions as much as possible at his press conference later. It's just that social media won't let him off so easily, demanding guidance on the path of interest rates that Powell won't and can't provide. As you can see, almost every well-known economist in the market believes that Trump's election would be an unmistakable disaster for the United States, including me. The prospect of tariffs has driven much of the rise in the dollar, the biggest haven in financial assets even if the source of risk in financial markets is the U.S. That was true in Trump's last term, and I don't think it will change anything in his current term. But with three months to go before he officially takes office, it is too early to say that non-U.S. currency pairs will continue to fall, because that is a long time in financial markets for something unexpected to happen. For the Fed, all the current data points to the fact that they should and have good reason to keep cutting rates, but Trump's upcoming policies will tell inflation to pick up. So here I expect the inflationary impact of the policy to be visible in June 2025. I'm putting forward a hypothesis here that if the Fed cuts rates as expected, 50 basis points each for the rest of this year and next year, we could see a spike in U.S. inflation by next summer and fall. At that point, there could be a disagreement over economic policy between Mr. Trump and the Fed.

We can expect Fed Chairman Powell to steer clear of predictions as much as possible at his press conference later. It's just that social media won't let him off so easily, demanding guidance on the path of interest rates that Powell won't and can't provide. As you can see, almost every well-known economist in the market believes that Trump's election would be an unmistakable disaster for the United States, including me. The prospect of tariffs has driven much of the rise in the dollar, the biggest haven in financial assets even if the source of risk in financial markets is the U.S. That was true in Trump's last term, and I don't think it will change anything in his current term. But with three months to go before he officially takes office, it is too early to say that non-U.S. currency pairs will continue to fall, because that is a long time in financial markets for something unexpected to happen. For the Fed, all the current data points to the fact that they should and have good reason to keep cutting rates, but Trump's upcoming policies will tell inflation to pick up. So here I expect the inflationary impact of the policy to be visible in June 2025. I'm putting forward a hypothesis here that if the Fed cuts rates as expected, 50 basis points each for the rest of this year and next year, we could see a spike in U.S. inflation by next summer and fall. At that point, there could be a disagreement over economic policy between Mr. Trump and the Fed.

Bailey's unexpected dovish pivot suggests significant shift in BOE stance Previous narrative: gradual cuts only New position: faster cuts if inflation surprises Marks dramatic change from August guidance Suggests internal forecasts shifting materially Critical Context: The timing of this communication is particularly noteworthy: Only second rate cut since 2020 Comes after new government budget Inflation performing better than expected Growth concerns becoming more prominent Markets repricing rate path expectations Forward Implications: Several key considerations for markets: Rate cut timeline potentially accelerating Move away from quarterly cut assumption Economic growth/inflation balance shifting Budget impact assessment ongoing Policy flexibility increasing Trading Considerations: GBP likely to face renewed pressure Gilt curve steepening potential UK financial conditions could ease faster Rate-sensitive sectors warrant attention Watch upcoming UK CPI closely Remember: This marks potential regime shift in BOE policy approach. #BOE#Rates #GBP #Bonds

Bailey's unexpected dovish pivot suggests significant shift in BOE stance Previous narrative: gradual cuts only New position: faster cuts if inflation surprises Marks dramatic change from August guidance Suggests internal forecasts shifting materially Critical Context: The timing of this communication is particularly noteworthy: Only second rate cut since 2020 Comes after new government budget Inflation performing better than expected Growth concerns becoming more prominent Markets repricing rate path expectations Forward Implications: Several key considerations for markets: Rate cut timeline potentially accelerating Move away from quarterly cut assumption Economic growth/inflation balance shifting Budget impact assessment ongoing Policy flexibility increasing Trading Considerations: GBP likely to face renewed pressure Gilt curve steepening potential UK financial conditions could ease faster Rate-sensitive sectors warrant attention Watch upcoming UK CPI closely Remember: This marks potential regime shift in BOE policy approach. #BOE#Rates #GBP #Bonds

Yesterday, it hit 0.6645 before suddenly reversing and plunging to a low of 0.6513. Although there is a decline, but I think the downward trend is not large, Australia and the US may only fall to 0.6500. So for now, I still think AUD/USD will be volatile for a while.

Yesterday, it hit 0.6645 before suddenly reversing and plunging to a low of 0.6513. Although there is a decline, but I think the downward trend is not large, Australia and the US may only fall to 0.6500. So for now, I still think AUD/USD will be volatile for a while.