The yen is trading quietly on Tuesday. Early in the North American session, USD/JPY is trading at 157.68, up 0.07% on the day.
07-01-2025 09:02 GMT
by Kenneth Fisher
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Gold prices were volatile on Monday, swinging between 2650 and 2614, ultimately settling at 2635, driven by fluctuations in the US Dollar and tariff news.
US Services PMI data will be a key focus, as a positive figure could boost the US dollar and weigh on gold prices.
Technically, gold appears poised for another leg higher, but overarching fundamentals may keep gains in check.
07-01-2025 06:45 GMT
by Zain Vawda
The Swiss franc is higher for a third straight trading day. In the European session, USD/CHF is currently trading at 0.9038, down 0.09% on the day.
Soft CPI cements SNB rate cut
Switzerland's inflation rate continues to fall and that is raising concerns at the Swiss National Bank.
07-01-2025 05:05 GMT
by Kenneth Fisher
The Swiss franc has started the week with gains. In the North American session, USD/CHF is trading at 0.9048, down 0.40% on the day at the time of writing.
06-01-2025 12:05 GMT
by Kenneth Fisher
Japan's financial markets opened for the first time in 2025 on Monday. USD/JPY dropped as much as 0.50% but has recovered most of these losses.
06-01-2025 11:57 GMT
by Kenneth Fisher
The euro has started the week with sharp gains. In the European session, EUR/USD is currently trading at 1.0403, up 0.91% on the day.
German CPI expected to rise to 2.4%
Germany's economy may not be in great shape but inflation has been moving higher and the trend is expected to continue when December CPI is released later today.
06-01-2025 07:34 GMT
by Kenneth Fisher
The US Dollar Index (DXY) starts the week lower as market participants reposition ahead of a data-heavy week.
EUR/USD recovers but will German inflation derail the rally?
The DXY is at a key confluence; a break of the trendline could lead to a downside correction, while a bounce could open up the possibility of fresh highs.
Most Read: Markets Weekly Outlook – US Jobs Data in Focus as King Dollar Eyes Further Gains
The US Dollar Index (DXY) has started the week on the back foot as the Index flir
06-01-2025 05:48 GMT
by Zain Vawda
The US dollar started 2025 strong, reaching a two-year high, while US equities were disappointing due to a lackluster Santa Rally.
Global equity funds saw an 86% drop in inflows compared to the previous week, attributed to rising bond yields and potential portfolio rebalancing.
The week ahead focuses on the US NFP jobs report and its potential impact on USD dominance.
Australia's CPI, retail sales, and trade balance data will provide insights into its economy.
03-01-2025 12:59 GMT
by Zain Vawda
The British pound has stabilized on Friday, after declining more than 1% a day earlier. In the European session, GBP/USD is currently trading at 1.2406, up 0.16% on the day.
The US economy is in solid shape, so much so that the Federal Reserve has lowered its rate cut projection for 2025 to just two rate cuts, compared to four rate cuts in the September forecast.
03-01-2025 06:48 GMT
by Kenneth Fisher
The euro has stabilized on Friday. In the European session, EUR/USD is currently trading at 1.0296, up 0.3% on the day.
03-01-2025 05:16 GMT
by Kenneth Fisher
The British pound has started 2025 with sharp losses. In the North American session, GBP/USD is currently trading at 1.2373, down 1.1% on the day.
British pound can't find its footing
The US dollar has flexed its muscles in recent months and the pound has faltered, sliding 8% since October 1.
02-01-2025 11:53 GMT
by Kenneth Fisher
The euro has taken a tumble on Thursday. In the North American session, EUR/USD is currently trading at 1.0246, down 1.06% on the day.
02-01-2025 10:53 GMT
by Kenneth Fisher
As the global markets reopen have the New Years' Day, Japanese markets are closed for a holiday. It's a very light economic calendar today, with no Japanese releases and only one US tier event - unemployment claims.
02-01-2025 07:19 GMT
by Kenneth Fisher
Oil prices rose due to declining US stockpiles and renewed Chinese optimism after President Xi Jinping pledged to promote growth.
Mixed results from Chinese manufacturing data may indicate that government stimulus programs are starting to work.
A Reuters poll predicts oil prices will remain around $70 a barrel in 2025.
From a technical perspective, price action suggests a breakout may be imminent.
02-01-2025 06:29 GMT
by Zain Vawda
Gold prices on course to end 2024 with a 27% gain, the best yearly performance since 2010.
2025 outlook is positive due to geopolitical risks, central bank buying, and safe-haven demand.
Trump administration policies present both risks and opportunities for gold prices.
Technical analysis shows potential for further gains, but a deeper correction before reaching new highs is possible.
31-12-2024 03:37 GMT
by Zain Vawda
US equities experience volatility amid tech and growth stock fluctuations, ending the Santa Rally week with marginal gains.
Japanese Yen strengthens due to expected Bank of Japan policy changes, while US Dollar continues its advance.
Key data releases next week include Chinese PMI data and US manufacturing PMI, with market focus on potential economic recovery signs in China and continued US resilience.
27-12-2024 13:21 GMT
by Zain Vawda
The Japanese yen is showing little movement on Christmas Day. Japanese markets are open but with most global markets closed for the holiday, the currency markets will be very quiet today.
25-12-2024 05:16 GMT
by Kenneth Fisher
The Japanese yen is showing limited movement on Tuesday. In the North American session, USD/JPY is trading at 157.33, up 0.11% on the day at the time of writing.
The yen is having a dreadful time as it continues to lose ground against the strong US dollar.
24-12-2024 12:26 GMT
by Kenneth Fisher
The Canadian dollar is showing little movement on Tuesday. In the North American session, USD/CAD is trading at 1.4385, up 0.08% at the time of writing.
Canada's GDP declines for first time in 11 months
The GDP report on Tuesday was a good news-bad news event.
24-12-2024 11:01 GMT
by Kenneth Fisher
The Australian dollar has posted slight losses on Tuesday. In the European session, AUD/USD is trading at 0.6247, down 0.18% at the time of writing.
RBA minutes hint at rate cut
The Reserve Bank of Australia minutes from the December meeting were significant although they didn't have much impact on the Australian dollar. The minutes signaled that the RBA is increasingly confident that inflation is moving sustainably towards the Bank's target range of 2% to 3%.
24-12-2024 06:20 GMT
by Kenneth Fisher