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Canada's CPI expected to remain under 2 percent

The Canadian dollar is calm on Tuesday. In the European session, USD/CAD is trading at 1.4194, up 0.08%. Canada's CPI expected to creep up to 1.9% Canada releases the January inflation report later today and headline inflation is expected to edge higher to 1.9% from 1.8% in December, which was a three-month low. Headline inflation has remained at or below the 2% target for five consecutive months but that does not mean that inflation worries are over.

18-02-2025 07:42 GMT by Kenneth Fisher

RBA finally lowers rates, Aussie shrugs

The Australian dollar is drifting on Tuesday after three straight days of gains. In the European session, AUD/USD is trading at 0.63671, up 0.09% on the day. RBA lowers rates to 4.1% The Reserve Bank of Australia cut the cash rate by a quarter-point on Tuesday to 4.10%. The decision was widely expected and the Australian dollar has shown little reaction. Still, the move is a milestone, as the RBA delivered its first rate cut in over four years.

18-02-2025 05:20 GMT by Kenneth Fisher

AUD/NZD: Further Aussie outperformance over Kiwi supported by a weaker New Zealand labour market

New Zealand's unemployment rate has accelerated to 5.1% in Q4 2024, a whisker below its Covid peak of 5.2% while Australia’s unemployment rate remained stable at 4%. A further steepening of yield spreads between Australian and New Zealand sovereign bonds may trigger further upside in the AUD/NZD cross rate. Watch the 1.0980 key medium-term support on AUD/NZD. This week, the Antipodean countries’ central banks will decide their respective monetary policy; Australia’s RBA on Tuesday, 18 February,

17-02-2025 12:28 GMT by Kelvin Wong

British pound eye jobs report

The British pound is showing little movement on Monday. In the North American session, GBP/USD is trading at 1.2592, up 0.06% on the day. UK job growth expected to plunge The markets are bracing for a sharp decline in employment in the three months to December, with a forecast of -130 thousand. This follows an increase of 36 thousand in the three months to November. Job growth has posted eight consecutive three-month periods of growth and the resilient labor market has eased pressure on the B

17-02-2025 10:02 GMT by Kenneth Fisher

Yen extends gains on strong GDP

The Japanese yen continues to roll against the US dollar and has posted gains for a third straight trading day, gaining 1.9% during that time. In the European session, USD/JPY is trading at 151.43, down 0.53% on the day. Japan's Q4 GDP beats estimate Japan's GDP in the fourth quarter rose 0.7% q/q, blowing past the market estimate of 0.3% and above the upwardly revised 0.4% gain in the third quarter.

17-02-2025 08:55 GMT by Kenneth Fisher

RBA poised to cut rates, Aussie edges higher

The Australian dollar is higher for a third consecutive trading day. In the European session, AUD/USD is trading at 0.6363, up 0.25% on the day. Earlier, AUD/USD climbed as high as 0.6373, its highest level this year. RBA expected to cut rates to 4.1% The Reserve Bank of Australia meets on Feb.

17-02-2025 06:04 GMT by Kenneth Fisher

Swiss franc soars as Trump pushes off tariffs

The Swiss franc has steadied on Friday after sliding 1.1% a day earlier. In the European session, USD/CHF is trading at 0.9016, down 0.16% on the day. The US dollar beat a hasty retreat against the major currencies on Thursday, after the White House announced that the US would not impose reciprocal tariffs before April 1.

14-02-2025 07:18 GMT by Kenneth Fisher

NZ dollar extends gains after strong mfg. data

The New Zealand dollar continues to rally on Friday. NZD/USD is trading at 0.5702 in the European session, up 0.43% on the day. Manufacturing PMI unexpectedly expands New Zealand's Manufacturing PMI rose to 51.4 in January, up sharply from the December reading of 45.9 and above the market estimate of 46.0. This was a milestone reading as it marked the first expansion in almost two years and was the highest level since September 2022. All key sub-categories posted growth, including new

14-02-2025 06:28 GMT by Kenneth Fisher

Japanese yen roller-coaster ride continues

The Japanese yen continues to take investors and traders on a roller-coaster ride. After climbing 1.2% on Wednesday, USD/JPY gave almost all of those gains on Thursday, declining 1.05%.

14-02-2025 05:36 GMT by Kenneth Fisher

Aussie inflation expectations jump, AUD higher

The Australian dollar has edged higher on Thursday. In the North American session, AUD/USD is trading at 0.6292, up 0.22% on the day. Australian consumer inflation expectations jump Consumer inflation expectations in Australia climbed sharply to 4.6% in February, compared to 4% a month earlier. This blew past the forecast of 3.8% and marked the highest reading since April 2024.

13-02-2025 11:58 GMT by Kenneth Fisher

UK GDP beats forecast, gives sterling a lift

The British pound has edged higher on Thursday. GBP/USD is trading at 1.2460, up 0.15% on the day. UK GDP beats forecast The UK economy ended 2024 on a high note, as GDP rose 0.4% m/m in December. This was the fastest pace of growth in nine months and blew past the market estimate of 01.%.

13-02-2025 07:31 GMT by Kenneth Fisher

New Zealand dollar calm after inflation expectations ease

The New Zealand dollar is drifting on Thursday. NZD/USD is trading at 0.5639 in the European session, down 0.04% on the day. NZ inflation expectations dip to 2.06% in Q1 2025 New Zealand business inflation expectations didn't show much change in the first quarter. Two-year inflation expectations, which are closely monitored by the central bank, edged lower to 2.06%, compared to 2.12% in the fourth quarter of 2024 and higher than the forecast of 1.8%. The business sector expects inflat

13-02-2025 05:58 GMT by Kenneth Fisher

Germany DAX Technical: Bullish acceleration towards fresh all-time highs

The current bullish trend in the German stock market is supported by positive momentum, market breadth & intermarket dynamics. The DAX and Hang Seng Index (HSI) have a high direct correlation where a further bullish move in HSI may trigger a positive feedback loop into the DAX. Watch the 21,100 key medium-term pivotal support on the DAX. The latest key economic data for January such as manufacturing PMI and consumer confidence in the Eurozone and Germany, one of the anchor European economies a

13-02-2025 05:10 GMT by Kelvin Wong

US CPI higher than expected, dollar strengthens

Join OANDA Market Analyst Kenny Fisher & podcast guest Nick Syiek (TraderNick) as they review the latest market news and moves. MarketPulse provides up-to-the-minute analysis on forex, commodities and indices from around the world. MarketPulse is an award-winning news site that delivers round-the-clock commentary on a wide range of asset classes, as well as in-depth insights into the major economic trends and events that impact the markets.

13-02-2025 05:08 GMT by Kenneth Fisher

Dow Jones (DJIA) Analysis: Inflation Impact and Market Recovery

The Dow Jones initially fell following a US inflation report but recovered somewhat. US consumer prices saw their biggest jump in over a year, supporting the Federal Reserve's stance on interest rates. Fed Chair Powell cautioned against reading too much into the inflation data, citing the PCE inflation gauge as the preferred measure. Uncertainty remains in the markets regarding how tariffs will impact global growth and inflation. The Dow Jones fell around 400 points on Wednesday following a hot

12-02-2025 13:21 GMT by Zain Vawda

GBP/USD dips on hot US inflation report

The British pound is lower on Wednesday. GBP/USD is trading at 1.2400, down 0.37% on the day. US CPI surprises on the upside, hits 3% The January inflation report was hotter than expected, giving the US dollar a boost against the major currencies today.

12-02-2025 10:50 GMT by Kenneth Fisher

NZ dollar eyes US and New Zealand inflation data

The New Zealand dollar is in negative territory on Wednesday. NZD/USD is trading at 0.5636 in the European session, down 0.31% on the day. US CPI expected to tick lower to 0.3% The markets are keeping a close eye on the January inflation report, which will be released later today. Headine inflation is expected to remain unchanged at 2.9% y/y, while monthly it is expected to dip to 0.3% from 0.4%.

12-02-2025 06:05 GMT by Kenneth Fisher

Brent Oil Price Analysis: Sanctions, Production Forecasts, and Technical Outlook

Oil prices are showing surprising resilience despite trade war fears, buoyed by ongoing sanctions on Russian and Iranian oil supplies. The EIA has raised its 2025 forecast for US oil production. A host of factors are influencing Oil price dynamics and is likely to keep market participants guessing. Most Read: Gold (XAU/USD) Outlook: $3000/oz Target Possible as Safe Haven Demand Rises Oil prices continued their recovery today running into a key resistance level.

11-02-2025 15:11 GMT by Zain Vawda

Australian dollar drifting after mixed confidence data

The Australian dollar is showing little movement on Tuesday. In the European session, AUD/USD is trading at 0.6279, up 0.05% on the day. Australian business confidence jumps, consumer confidence stagnant Australian confidence indicators were mixed on Tuesday. The Westpac consumer sentiment index climbed 0.1% in February to 92.2 points, which means a majority of the surveyed consumers were pessimistic about econmic conditions.

11-02-2025 05:35 GMT by Kenneth Fisher

Hang Seng Index: Positive momentum overrides lackluster fundamentals

The emergence of China's AI start-up, DeepSeek has triggered a positive feedback loop into the Hang Seng Index. Mixed consumer spending and weak factory activity in China suggest deflationary pressures are likely to persist. Momentum and trend have turned positive for the Hang Seng Index in the medium term. This is a follow-up analysis of our prior report, “Hang Seng Index: Transforming into a medium-term bearish trend despite improving Services PMI from China” dated 8 January 2025.

10-02-2025 23:09 GMT by Kelvin Wong

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