GBP/USD to 1.30 by year-end 2026: the BOE-cut and US-growth case
Base case GBP/USD 1.3000 by Dec 31 2026 on a 75bp BOE cut path against a Fed that holds; bull 1.4000, bear 1.2500. Four signals that break the call.
May 2026
Base case GBP/USD 1.3000 by Dec 31 2026 on a 75bp BOE cut path against a Fed that holds; bull 1.4000, bear 1.2500. Four signals that break the call.
COMEX copper to $7.00/lb by Dec 31, 2026 base case: JPM's 330k-tonne deficit, COMEX tariff arbitrage stocks above 503k tonnes, and a grid-and-AI demand pulse.
S&P 500 targets 7,800 by year-end 2026 from 7,473 on AI capex, Fed cuts to 3.00-3.25%, and broadening earnings — bull 8,200, bear 6,800.
Silver targets $95 by Q3 2026 as the gold-to-silver ratio compresses from 59 toward 50 on Fed easing and gold's $5,000 path — base, bull, and bear cases laid out.
EUR/USD targets 1.20 by Q3 2026 as the Fed cuts toward 3.00%-3.25% and the ECB weighs a June 11 hike, compressing the transatlantic rate differential.
USD/JPY at 159 with the Fed-BOJ differential at ~325 bp. The base case to 152 by year-end rests on Fed cuts, BOJ hikes, and 4–6 yen of compression-driven strengthening.
Gold to $5,000/oz by year-end 2026 in the base case — the September FOMC dot-plot reset and 60-tonne-per-month central-bank buying remain the load-bearing catalysts.
WTI base case $85/bbl by July 31 2026 from $102.27 spot. Iran framework + UAE-OPEC exit compress geopolitical premium; Goldman cuts Q2 to $87.
December 2021
Exchange giant Binance is buying the remaining stake put up for sale by crypto wallet app Swipe, which allows users to purchase items via a Visa debit card.
eToro, the leading social trading network, has pushed ahead with its plans to broaden its cryptocurrency offering, citing enough liquidity and strong customer demand.
The Bank of Russia is talking with market players and experts about several potential options to make its ban on cryptocurrency investments possible.
Iran’s government is temporarily banning cryptocurrency mining as officials blame the energy-intensive industry for unplanned blackouts during the cold winter months.
Gambling technology firm Playtech has agreed to supply its casino facilities in Michigan and New Jersey as it looks to grow its North American footprint.
Also filing this week: Rick Steves and Karthik Subramanian.