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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

Markets Weekly Outlook - Fed to Extend Pause as Trump Era Begins

US equities markets rose due to President Trump's pro-business policies and decision to not impose tariffs on major trading partners yet. The Bank of Japan raised rates to 0.5%, the highest since 2008. The week ahead sees markets shift attention toward Central Bank policy with the ECB and Fed meeting in focus.

24-01-2025 13:32 GMT by Zain Vawda

BoJ hikes rates, yen pares gains

The Japanese yen gained as much as 0.8% earlier today but has failed to consolidate these gains. In the European session, USD/JPY is trading at 156.03, dwon 0.02% on the day. BoJ raises rates to highest since 2008 The Bank of Japan hiked its policy rate by 25 basis points earlier today, as expected.

24-01-2025 07:51 GMT by Kenneth Fisher

Canadian dollar gets a boost from strong retail sales

The Canadian dollar is higher on Friday. In the European session, USD/CAD is trading at 1.4342, up 0.30% on the day. There are no Canadian events today and the US will release manufacturing and services PMIs. Canada's retail sales jump 1.6% in December The Canadian dollar is in positive territory today after a sparkling retail sales report.

24-01-2025 04:06 GMT by Kenneth Fisher

Bitcoin (BTC/USD) Volatility Measures are Tightening Up. Is it Time for Another Major Move?

Bitcoin's price has been range-bound since reaching a fresh all-time high on inauguration day. The upcoming FOMC meeting may serve as a catalyst for Bitcoin's price. Volatility measures suggest that a major price move is incoming. Bitcoin's technical analysis shows a messy daily timeframe and a breakout of a symmetrical triangle pattern on the H2 timeframe. Most Read: S&P 500, Dow Jones (DJIA) Update – US Indexes Continue Advance on Trump AI Push

23-01-2025 12:24 GMT by Zain Vawda

Aussie drifting, Trump to speak at World Economic Forum

The Australian dollar has been drifting since Monday when it posted huge gains of 1.4%. Early in the North American session, AUD/USD is trading at 0.6273, up 0.02% at the time of writing.

23-01-2025 09:21 GMT by Kenneth Fisher

Canadian dollar steady ahead of retail sales

The Canadian dollar is showing limited movement on Thursday. In the European session, USD/CAD is trading at 1.4396, up 0.13% on the day.

23-01-2025 07:30 GMT by Kenneth Fisher

Bank of Japan expected to raise rates, yen calm

The Japanese yen is slightly lower on Thursday. In the European session, USD/JPY is trading at 156.25, down 0.16% on the day. BoJ expected to hike rates All eyes are on the Bank of Japan, which meets early on Friday.

23-01-2025 05:33 GMT by Kenneth Fisher

USD/JPY climbs, markets eye Trump

The Japanese yen is in negative territory on Wednesday. In the North American session, USD/JPY is trading at 156.53, up 0.68% on the day. Trump shakes up dollar on Day 1 There are no key releases in the US today.

22-01-2025 11:46 GMT by Kenneth Fisher

EUR/USD Technical Outlook: Is EUR/USD Poised for Potential 800-pip Rally?

EUR/USD has seen a recent rally driven by market reactions to the incoming Trump administration. A divergence exists between technical analysis, suggesting further upside potential, and fundamental factors, pointing towards potential weakness due to policy divergence between the ECB and FED. Key support levels for EUR/USD are 1.0425, 1.0350, and 1.0293, while resistance levels are 1.0500, 1.0600, and 1.0700. Most Read: Oil Prices Slide – Brent Crude Taps 200-day MA. Can it Snap 4-day Losing Str

22-01-2025 06:03 GMT by Zain Vawda

NZ inflation unchanged, NZ dollar under pressure

The New Zealand dollar dropped as much as 0.5% earlier today but has recovered. In the European session, NZD/USD is trading at 0.5684, up 0.10% on the day. New Zealand inflation unchanged at 2.2% New Zealand CPI, released quarterly, was unchanged in the fourth quarter at 2.2% y/y.

22-01-2025 05:52 GMT by Kenneth Fisher

Oil Prices Slide - Brent Crude Taps 200-day MA. Can it Snap 4-day Losing Streak?

Oil prices are sliding due to a stronger US Dollar and concerns about the impact of trade policies on global growth. Aramco Chief Nasser expects oil demand to grow by 1.3 million barrels per day in 2025. Technical analysis suggests Brent Crude may have found support at the 200-day moving average.

21-01-2025 13:07 GMT by Zain Vawda

Cand. dollar hits 34-month low but recovers

The Canadian dollar is having a roller-coaster week. After posting massive gains of 1.2% on Monday, the Canadian dollar fell as much a 1.4% earlier on Tuesday but has almost completely recovered.

21-01-2025 12:31 GMT by Kenneth Fisher

Pound slips as UK payrolls slide

The British pound continues to show sharp swings this week. After a spectacular 1.3% gain on Monday, GBP/USD has reversed directions and is trading at 1.2233 in the European session, down 0.68% on the day. UK payrolls slump, wage growth climbs The UK payrolls report, a reliable indicator of employment growth, showed a sharp decline of 47 thousand m/m in December 2024.

21-01-2025 07:36 GMT by Kenneth Fisher

CAD/JPY Technical: Trump’s shock and awe trade policy manoeuvre erased CAD gains

Yesterday’s ex-post Trump’s inauguration speech US dollar sell-off has started to reverse course. In less than 24 hours after adopting a milder trade tariffs plan towards US major trading partners, Trump has changed his stance to mention that 25% trade tariffs may be enacted on Canada and Mexico on 1 February.

21-01-2025 05:32 GMT by Kelvin Wong

Pound soars on report that Trump will delay tariffs

The British pound started the day with light gains but has soared in the North American session. GBP/USD is currently trading at 1.2290, up 1.06% on the day.

20-01-2025 13:20 GMT by Kenneth Fisher

Gold (XAU/USD) Price Steady On Inauguration Day, the Calm Before the Storm?

Gold prices found stability above $2700/oz after an initial drop. Historically, gold prices saw an initial two-day rally followed by a decline after Trump's 2017 inauguration, driven by safe-haven demand and uncertainty. Technically, gold appears to be in a "wait and see" mode, with a bounce off the 2700 handle suggesting potential upside. Markets will be keeping an eye on the proposed tariffs and policy changes under the new.

20-01-2025 07:18 GMT by Zain Vawda

USD/JPY calm in holiday trade

The yen is almost unchanged on Monday. In the European session, USD/JPY is trading at 156.37, up 0.06% on the day.

20-01-2025 06:05 GMT by Kenneth Fisher

Markets Weekly Outlook - Trump 2.0 Takes Flight as BoJ Decision Looms

It was a strong week for US stocks and gold, with the S&P rising about 3% by the end of the week. Markets are bracing for potential volatility and policy surprises as Donald Trump is inaugurated as US President.

17-01-2025 12:53 GMT by Zain Vawda

China's GDP beats forecast, Aussie shrugs

The Australian dollar has edged lower on Friday. In the European session, AUD/USD is trading at 0.6198, down 0.22% at the time of writing. Will strong China numbers boost the Aussie? There was good news out of China on Friday, highlighted by GDP which was stronger than expected.

17-01-2025 07:21 GMT by Kenneth Fisher

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