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USD/JPY: Yen strength elements emerged ahead of BoJ meeting next week

Hawkish speeches from BoJ officials coupled with a softer US core CPI print for December put an interim ceiling on US dollar strength against the yen. The leading 10-year yield spread of the US Treasury note against the JGB has staged a bearish breakdown condition.

16-01-2025 05:09 GMT by Kelvin Wong

US CPI matches estimate, UK CPI falls unexpectedly

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.

16-01-2025 04:38 GMT by Kenneth Fisher

Aussie rises after US core CPI declines to 3.2%

The Australian dollar is higher for a third consecutive trading day. In the North American session, AUD/USD is trading at 0.6233, up 0.63% at the time of writing. US headline CPI rises to 2.9%, core CPI eases to 3.2% The US inflation report for December was a mixed bag, as headline CPI rose while the core rate declined.

15-01-2025 10:23 GMT by Kenneth Fisher

Bitcoin (BTC/USD) vs. Nasdaq: Is the Correlation Affecting Crypto Outflows?

Bitcoin has recovered from a sharp selloff earlier in the week, rising from around 89000 to nearly 98500 post CPI. ETF flow data shows three consecutive days of net outflows for Bitcoin as correlation with Nasdaq grows. Could a Trump Presidency lead to significant capital inflow into Bitcoin in 2025? Technically, Bitcoin is at a critical juncture breaking the 50-day moving average and eyeing the 100k handle. Most Read: Gold (XAU/USD) Price Tug-of-War Continues. Breakout Incoming?

15-01-2025 08:51 GMT by Zain Vawda

UK inflation lower than expected, Sterling shrugs

The British pound is showing limited movement on Wednesday. In the European session, GBP/USD is currently trading at 1.2224, up 0.11%. UK inflation softer than expected The UK's annual inflation rate eased slightly in December 2024, dropping to 2.5% from 2.6% in November.

15-01-2025 07:16 GMT by Kenneth Fisher

Gold (XAU/USD) Price Tug-of-War Continues. Breakout Incoming?

Gold prices are currently in flux thanks to the US Dollar, global trade uncertainties, and geopolitics. A softer-than-expected US PPI release caused a temporary jump in Gold prices. The upcoming US CPI release is a key event that could trigger a significant move in Gold prices.

14-01-2025 11:33 GMT by Zain Vawda

BOJ to discuss rate hike, yen dips lower

The yen remains calm and is lower on Tuesday. In the North American session, USD/JPY is trading at 157.98, up 0.34% on the day. US inflation expected to rise There are no tier-1 events out of Japan this week and the yen is having a relatively quiet week.

14-01-2025 11:02 GMT by Kenneth Fisher

AUD/USD steady as consumer sentiment slips lower

The Australian dollar is showing little movement on Tuesday. In the European session, AUD/USD is trading at 0.6174, down 0.06% at the time of writing. Australian consumer sentiment declines for second straight month The Australian consumer remains pessimistic about the economic outlook.

14-01-2025 08:16 GMT by Kenneth Fisher

US Inflation: PPI, CPI Release Dates, DXY Analysis & Market Impact

The US Dollar Index (DXY) is awaiting US inflation data (PPI and CPI), with PPI data releasing on Tuesday, January 14, and CPI on Wednesday, January 15. Tariff rumors from the Trump team have caused a pause in the US Dollar's rise. Key support for the DXY is at 109.57, with resistance at 110.00; a break above 110.00 could signal a move towards 111.00.

14-01-2025 06:34 GMT by Zain Vawda

Nasdaq 100 Technical: Weak market breadth with tightening liquidity is a deadly concoction

The recent three-week slide in the Nasdaq 100 has almost wiped out its post-US presidential gains. The persistent uptrend of the 10-year US Treasury yield has made US equities unattractive and overvalued as measured by the S&P 500 Shiller excess CAPE yield. 20,790 remains the key downside trigger level for the Nasdaq 100. This is a follow-up analysis of our prior report “Nasdaq 100 Technical: At risk of staging a multi-week corrective decline” published on 20 December 2024.

14-01-2025 05:55 GMT by Kelvin Wong

AUD/USD stabilizes after post-NFP slide

The Australian dollar has started the week quietly. In the North American session, AUD/USD is trading at 0.6151, up 0.07% at the time of writing. Earlier, the Australian dollar fell as low as 0.6130, its lowest level since April 2020. It was another rough week for the Australian dollar, which declined 1.7% last week.

13-01-2025 11:32 GMT by Kenneth Fisher

Brent Crude - Oil Advances on Russian Sanctions. Will the 100-day MA Cap Gains?

Oil prices rose due to new US sanctions on Russian oil and tankers. The Kremlin warned these sanctions could destabilize global energy markets. Indian 'sources' stated it would avoid purchasing Russian oil from sanctioned entities and vessels. Markets are assessing the potential for a supply shock and whether OPEC+ will increase output.

13-01-2025 09:29 GMT by Zain Vawda

AUD/USD: Aussie bears have taken a foothold reinforced by longer-term US Treasury yield premiums

A higher 10-year yield premium of the US Treasuries over Australian sovereign bonds has reduced the attractiveness of the Aussie dollar as a “high-yielding” currency. Deflationary risk in China coupled with potential higher trade tariffs policy from the US has reinforced recent languish movements in the Iron Ore CFR China futures. Major bearish breakdown in AUD/USD with next medium-term support at 0.6030/5990. This is a follow-up analysis of our prior report “AUD/USD: Surviving at the 0.6360 k

13-01-2025 06:42 GMT by Kelvin Wong

Markets Weekly Outlook - Fed Policy in Focus as US Inflation Lies Ahead

Strong US Jobs Report Impacts Fed Expectations with some analysts now predicting no cuts at all. The S&P 500 experienced a sell-off, breaking below key support levels and raising concerns about further potential downside. US inflation and retail sales data will be crucial in shaping market expectations for future monetary policy. In addition to US data, the week ahead includes key economic releases from China, UK and Australia.

10-01-2025 11:35 GMT by Zain Vawda

Japan's household spending declines, yen edges higher

The yen is slightly higher on Friday. In the European session, USD/JPY is trading at 157.89, down 0.12% on the day. Japan's household spending continues to decline Japanese consumers are holding tight on the purse strings and that could spell tr0uble for Japan's fragile economy.

10-01-2025 05:17 GMT by Kenneth Fisher

USD/CAD in holding pattern ahead of US, Cdn. jobs data

The Canadian dollar started the week with strong gains but has shown little movement since then. In the European session, USD/CAD is trading at 1.4411, up 0.12% at the time of writing.

10-01-2025 04:07 GMT by Kenneth Fisher

NFP Preview: US Jobs Report & Market Impact

The NFP report will provide insights into the health of the US labor market and may influence the Federal Reserve's interest rate decisions. The consensus forecast is 160,000 jobs added, with the unemployment rate expected to hold steady at 4.2% and average hourly earnings at 4.1% YoY. The Federal Reserve is closely monitoring wage growth as a key indicator of inflation, which could impact their policy decisions.

10-01-2025 03:45 GMT by Zain Vawda

USD/CHF Technical Outlook: Bulls in Charge as Potential Double Top Pattern Forms

USD/CHF has been in a strong uptrend since September 2024, largely mirroring the US Dollar Index (DXY). A potential double top pattern is forming around the 0.9137 resistance level. Key support levels to watch are 0.9087, 0.9040, and the psychological 0.9000 handle. A break above the 0.9137 resistance could lead to further gains. Most Read: Global Market Outlook 2025: Trends, Risks, and Opportunities for Traders USD/CHF has been on an incredible run since bottoming out in September 2024. The ra

09-01-2025 13:32 GMT by Zain Vawda

Yen shrugs as wage growth a mixed bag

The yen is trading quietly on Thursday. In the North American session, USD/JPY is trading at 157.98, down 0.21% on the day. Japan's base salaries rise but real wages decline Japan's wage growth for November was a mixed bag, with both good and bad news.

09-01-2025 12:06 GMT by Kenneth Fisher

Oil Price Update - Will Brent Break $80? Winter Demand, Offshore Drilling, and Technicals in Focus

Oil prices have started 2025 strong, defying expectations of a downturn fueled by worries about slowing demand. Cold weather, coupled with US policy decisions on offshore drilling, have contributed to the upward price movement. Brent Crude has broken through key resistance levels, is $80 a barrel a matter of time?

09-01-2025 07:35 GMT by Zain Vawda

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