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The New Zealand dollar is trading at 0.5608 in the European session, down 0.35% on the day. On Monday, NZD/USD fell as much as 1.2% but managed to recover most of these losses. New Zealand employment expected to decline New Zealand releases its employment report on a quarterly basis and we'll get a look at data for the fourth quarter 2024 later today. The market estimate stands at -0.2% q/q, following a reading of -0.5% in the third quarter. Unemployment has been climbing and is expecte

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

Bloodshed in commodities currencies (AUD and CAD) as Trade War 2.0 starts, more weakness ahead or bullish reversal on sight?

Trade War 2.0 may trigger a stagflation narrative as it involves not only US-China trade but with other major trading partners. Commodities currencies may face further headwinds due to deteriorating global economic growth prospects. Watch the 0.6330 key medium-term resistance on the AUD/USD and the 1.4300 key medium-term support on the USD/CAD. On 1 February, US President Trump officially “fired” his flagship trade tariffs policy by imposing 25% tariffs on goods from Canada and Mexico and a 10

04-02-2025 05:56 GMT by Kelvin Wong

EUR/USD slides on tariff turmoil, euro CPI rises

The euro has weakened at the start of the new week. EUR/USD slumped over the weekend and dropped as low as 1.0141, its lowest level since Nov.

03-02-2025 13:09 GMT by Kenneth Fisher

Aussie falls to five-year low on Trump, China data

The Australian dollar is coming off a nasty week, declining 1.6%, and the slide has continued on Monday. In the European session, AUD/USD is trading at 0.6146, down 1% on the day.

03-02-2025 06:48 GMT by Kenneth Fisher

Canada's GDP declines, Canadian dollar lower

The Canadian dollar is steady on Friday. In the North American session, USD/CAD is trading at 1.4523, up 0.23% on the day. The week wrapped up with Canada's GDP, a report card on the strength of the economy.

31-01-2025 09:29 GMT by Kenneth Fisher

Tokyo core inflation hits one-year high, yen lower

The Japanese yen has reversed directions on Friday and has edged lower. In the European session, USD/JPY is trading at 154.73, up 0.28% on the day. Tokyo core CPI rises 2.5% Japan's Tokyo's core inflation rate accelerated to 2.5% y/y in January, up from 2.4% in December and in line with market expectations.

31-01-2025 07:33 GMT by Kenneth Fisher

Tech Earnings Mixed, ECB Cuts Rates

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.

31-01-2025 01:47 GMT by Kenneth Fisher

Bitcoin (BTC/USD) Rises Above $105k as US States Ponder Bitcoin Strategic Reserve

Bitcoin's price surges past $105k, driven by a weaker US dollar and growing institutional interest. Several US states are considering adopting Bitcoin reserves, further enhancing Bitcoin's appeal. Grayscale launches a Bitcoin Miners ETF. On-chain analysis suggests potential for further price appreciation. Most Read: US Dollar Index (DXY) Analysis: Hawkish FOMC Pause, Trump’s Fed Criticism, and Technical Outlook

30-01-2025 12:53 GMT by Zain Vawda

ECB expected to trim rates, euro edges lower

The euro has edged lower ahead of today's rate annoucement from the European Central Bank. In the European session, EUR/USD is currently trading at 1.0396, down 0.23% on the day. ECB projected to lower rates to two-year low The European Central Bank is widely expected to deliver a 25-basis point rate cut at today's meeting, which would bring the deposit rate to 2.75%.

30-01-2025 06:43 GMT by Kenneth Fisher

US Dollar Index (DXY) Analysis: Hawkish FOMC Pause, Trump's Fed Criticism, and Technical Outlook

The Federal Reserve held interest rates steady and signaled a "wait and see" approach as uncertainties remain. US Commerce Secretary Nominee Lutnick expressed support for sweeping tariffs, claiming they don't impact inflation. President Trump blamed the Fed for inflation, escalating tension between him and the central bank. The US Dollar Index (DXY) experienced volatility following the FOMC, but struggles at key resistance level.

30-01-2025 04:01 GMT by Zain Vawda

BoE's Bailey warns about debt, pound steady

The British pound is showing little movement on Wednesday. In the North American session, GBP/USD is trading at 1.2440, up 0.02% on the day. Bailey says UK debt could spiral higher Bank of England Governor testified before the Treasury Select Committee today and warned that the UK needed to address the increase in government debt levels.

29-01-2025 12:47 GMT by Kenneth Fisher

Australian dollar extends losses on soft Aussie CPI

The Australian dollar is down for a third straight trading day and has declined 1.3% this week. In the North American session, AUD/USD is trading at 0.6228, down 0.37% on the day. Australian CPI falls to 2.4% Australia's annual inflation rate dropped to 2.4% in the fourth quarter of 2024 from 2.8% in Q3.

29-01-2025 11:45 GMT by Kenneth Fisher

Oil Price Update - Brent Continues to Struggle as Technicals Offer Bulls Hope

Oil prices are struggling due to uncertainty around tariffs and their impact on global demand. Libya supply fears were alleviated as exports returned to normal after discussions with protesters. US inventories rose, but total US oil demand also increased, offsetting downward pressure on oil prices. From a technical analysis standpoint, Brent has tapped into a key area of support and formed a double bottom pattern.

29-01-2025 11:36 GMT by Zain Vawda

BoC poised to cut rates, Can. dollar edges lower

The Canadian dollar is steady on Wednesday. In the European session, USD/CAD is trading at 1.44236, up 0.23% on the day.

29-01-2025 07:39 GMT by Kenneth Fisher

FOMC, ECB Rate Decisions Amid Tariff Threats: Market Analysis & Technical Outlook

Talking Points FOMC Rate Decision: Market expectations for a rate cut are low due to concerns about slower disinflation and tariff impacts. Traders will watch for Jerome Powell's comments on tariffs and inflation. ECB Rate Decision: A rate cut is widely expected, with concerns about potential US tariffs on the EU weighing on the Euro. Tariff Threats and Market Uncertainty: Markets are volatile due to uncertainty surrounding potential US tariffs on Canada, Mexico, China, and the EU.

28-01-2025 23:28 GMT by Moheb Hanna

USD/CHF Technical Analysis: Will the Trendline Bounce Lead to Fresh Highs?

USD/CHF found support at the ascending trendline for the third time, hinting at a potential reversal and further upside. Safe haven flows and policy divergence between the Fed and SNB are influencing the Swiss Franc's value. A break above 0.90680 on the H4 chart could signal a bullish reversal. Most Read: Gold (XAU/USD) Price Analysis: Bullish Bias Amid Tariff Uncertainty and FOMC USD/CHF fell yesterday as the CHF benefitted from safe haven demand. The US dollar had been attracting haven demand

28-01-2025 14:00 GMT by Zain Vawda

GBP/USD lower, food inflation jumps

The British pound has reversed directions on Tuesday and is considerably lower. In the North American session, GBP/USD is trading at 1.2436, down 0.48% on the day. UK food inflation hits 9-month high The Bank of England has waged a tough war with inflation and managed to push inflation below its 2% target last September, when CPI eased to 1.7%.

28-01-2025 13:21 GMT by Kenneth Fisher

Gold (XAU/USD) Price Analysis: Bullish Bias Amid Tariff Uncertainty and FOMC

The US Treasury is proposing a gradual increase in universal tariffs, causing uncertainty in the US Dollar and market expectations. The Federal Reserve meeting tomorrow is expected to result in an extended pause due to tariff uncertainties and potential inflation impact. Gold maintains a bullish bias due to uncertainties around tariffs and their impact, with safe-haven flows to support prices.

28-01-2025 10:52 GMT by Zain Vawda

AUD/USD slides on Trump tariff threats, CPI next

The Australian dollar is in negative territory on Tuesday. In the North American session, AUD/USD is trading at 0.6252, down 0.62%. Australian CPI expected to ease to 2.5% Investors are keeping a closer eye on the third-quarter inflation report, which will be released early on Wednesday.

28-01-2025 05:31 GMT by Kenneth Fisher

Yen soars on expectations of more BoJ hikes

The Japanese yen has started the week with huge gains against the US dollar and has climbed to five-week highs. In the European session, USD/JPY is trading at 154.14, down 1.1% on the day. Will BoJ continue its tightening cycle? The Bank of Japan rate hike on Friday was expected by the markets but the Japanese yen continues to show strong movement in the aftermath of the rate decision. The yen initially recorded gains after the rate announcement but surrendered almost all of these gains on Fr

27-01-2025 08:01 GMT by Kenneth Fisher

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