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Stay up-to-date with the latest market developments. Discover breaking news, in-depth analysis, expert commentary, and market insights that affects all asset classes, from forex and commodities to stocks and indices. MarketPulse news will help you stay ahead so you can make informed trading decisions.

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Nikkei 225 Technical: Potential major bullish breakout after pull-back
Yesterday’s swift rally has led to an overstretched upside momentum condition. At the risk of a minor corrective pull-back within its short-term uptrend phase. Watch the 33,150 key short-term support. This is a follow-up analysis of our prior report, “Nikkei 225: Bulls undeterred by Japanese government economic downgrade” published on 23 November 2023. Click here for a recap. The price actions of the Japan 225 Index (proxy of the Nikkei 225 futures) have managed to hold above the 32,090 key me
20-12-2023 04:05 GMT by Kelvin Wong
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Pound bounces back, CPI next
British pound surges on Tuesday UK inflation expected to fall to 4.4% The British pound is sharply higher on Tuesday. In the European session, GBP/USD is trading at 1.2744, up 0.76%. UK inflation expected to ease  UK inflation continues to fall and a slight drop is expected in the November CPI on Wednesday.
19-12-2023 10:53 GMT by Kenneth Fisher
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Canadian dollar drifting ahead of CPI release
Canada's inflation rate expected to fall to 2.9% Fed members push back against rate cut expectations The Canadian dollar is showing little movement on Tuesday. In the European session, USD/CAD is trading at 1.3382, down 0.13%.
19-12-2023 05:19 GMT by Kenneth Fisher
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Market Insights Podcast - All eyes on the Bank of Japan's potential shift from negative interest rate
OANDA Senior Market Analyst Kelvin Wong joins Jonny Hart to discuss this week's key economic events that focus on the monetary policy decisions by the Bank of Japan which is only the sole central bank with a negative interest rate policy. Consensus is expecting no change on  BoJ's monetary policy setting on Tuesday, 18 December but forward guidance via its monetary policy statement and Governor Ueda's press conference may indicate an imminent shift away from short-term negative interest rates in
18-12-2023 23:14 GMT by Kelvin Wong
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USD/JPY Technical: JPY strength remains intact ahead of BoJ
Consensus is expecting no change to BoJ’s monetary policy, but its policy statement and Governor Ueda’s press conference may signal an imminent shift away from short-term negative interest rates. Mounting pressures from public and private sectors with Economy Minister Shindo attending today’s monetary policy decision meeting as a representative from the Cabinet Office. Technical analysis suggests further potential weakness in the USD/JPY. This is a follow-up analysis of our prior report, “
18-12-2023 21:33 GMT by Kelvin Wong
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EUR/JPY - Central banks look to spoil the party, BoJ eyed tonight
Policymakers determined to push back against market interest rate expectations Any surprises to come from the BoJ? EURJPY steadies around notable support zone Not the most thrilling start to the week but that's to be expected given the number of major events over the last few sessions and the absence of anything significant today. The second half of last week was quite the ride, with the Fed going further than many expected on rate cuts for next year, the ECB then pushing back stronger tha
18-12-2023 12:02 GMT by Craig Erlam
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Australian dollar rises, RBA minutes next
RBA minutes to be released Tuesday Fed Presidents Williams and Mester try to dampen rate cut fever The Australian dollar is trading quietly on Monday. In the North American session, AUD/USD is trading at 0.6696, down 0.11%.
18-12-2023 11:43 GMT by Kenneth Fisher
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USD/JPY - Yen climbs to 4.5 month high, BOJ next
BoJ to make rate announcement on Tuesday Fed's Williams says no rate cuts planned The Japanese yen is lower at the start of the week. In the European session, USD/JPY is trading at 142.77, up 0.44%. The yen continues to power higher and surged 1.9% last week.
18-12-2023 07:25 GMT by Kenneth Fisher
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Euro stabilizes despite weak German business confidence
German business confidence weaker than expected The euro has started the week in positive territory on Monday. In the European session, EUR/USD is trading at 1.0914, up 0.18%. It was a week of sharp swings for the euro, which posted strong gains during the week but reversed directions on Friday and declined 0.88%.
18-12-2023 05:37 GMT by Kenneth Fisher
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Gold: Deterioration in the US 10-year Treasury yield may support a bullish tone
An increase in dovish expectations on a rapid pace of Fed funds rate cuts projected for 2024 indicates a potential impending recession. An uptick in recession risk may see a further deterioration in the US 10-year Treasury real yield which reduces the opportunity costs for holding Spot Gold (XAU/USD). Spot Gold (XAU/USD) has managed to trade back above its 20-day moving average. This is a follow-up analysis of our prior report, “Gold Technical: Extension of corrective decline ahead of FOMC” pub
18-12-2023 00:39 GMT by Kelvin Wong
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British pound steady after mixed PMIs
UK Services PMI accelerates, Manufacturing PMI declines Bailey's dampens rate cut expectations The British pound is steady on Friday, after posting gains of 1.1% a day earlier. In the European session, GBP/USD is trading at 1.2767, up 0.03%. UK PMIs a mix British PMIs were a mixed bag in December.
15-12-2023 06:56 GMT by Kenneth Fisher
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Euro dips on soft Services PMIs
Eurozone, German Service PMI ease in December Euro snaps four-day rally The euro has snapped a four-day winning streak on Friday. In the European session, EUR/USD is trading at 1.0949, down 0.38%.
15-12-2023 04:54 GMT by Kenneth Fisher
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WTI Oil Technical: Medium-term downside momentum has eased
Two key positive technical analysis elements have emerged at the US$67.55/66.35 major support zone. The current medium-term downtrend phase from September 2023 may have reached a terminal point for a potential bullish reversal. China’s rosy retail sales and industrial production for November managed to offset downbeat housing data that provided a short-term tailwind for oil prices. The medium-term downtrend phase of West Texas Oil (a proxy of WTI crude oil futures) in place since the 28 Septemb
15-12-2023 01:08 GMT by Kelvin Wong
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Aussie hits 4.5 month high on strong job gains
Australian dollar powers higher Australian job growth beats expectations Fed's Powell projects three rate cuts in 2024 The Australian dollar continues to head higher this week. In Thursday's North American session, AUD/USD is trading at 0.6702, up 0.65%.
14-12-2023 09:03 GMT by Kenneth Fisher
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