With traders already on edge over Fed chair speculation and Middle East oil shocks, Monday’s ISM reading could either validate the “bottoming out” narrative or send another jolt through dollar positioning just as Friday’s NFP looms on the horizon. Here are points you need to note if you’re trading next week’s manufacturing survey release! This Article Is For…
Morgan Stanley sticks with Nvidia, says underperformance is overblown Trump warns UK over China ties as Starmer hails diplomatic reset USD higher everywhere. Crypto particularly hard hit. BTC/USD lows circa $81K. London Metal Exchange resumed trading at 0200 GMT after a one-hour delay RBA tipped to hike to 3.85% in February after inflation surprise – poll WSJ reported Trump…
The GBP/USD pair attracts some sellers near 1.3760 during the early European session on Friday. The US Dollar (USD) edges higher against the Pound Sterling (GBP) after US President Donald Trump and Senate Democrats struck a deal to avoid a US government shutdown. Traders will keep an eye on the US Producer Price Index (PPI) data later on Friday. The…
CAD/CHF appears to be in correction mode, as the pair is closing in on the broken support zone near Fib retracement levels. Will it hold as resistance this time? Better keep tabs on these inflection points on the 4-hour time frame! CAD/CHF 4-hour Forex Chart Faster with TradingView The Loonie continues to draw support from the not-too-dovish Bank of…
Economists now expect the RBA to hike rates to 3.85% in February after inflation surprised to the upside, though most see only limited further tightening. Via Reuters polling. Summary: A strong majority of economists now expect the RBA to lift the cash rate by 25bp to 3.85% on February 3. The shift follows hotter-than-expected Q4 inflation, particularly in the…
On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.9678 compared to the previous day’s fix of 6.9771 and 6.9459 Reuters estimate. PBOC FAQs The primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard price stability, including exchange rate stability, and promote economic growth….
2026.01.29 2026.01.29 US Dollar Weakens Despite Fed Pause. Forecast as of 29.01.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ While the Fed keeps rates unchanged, Donald Trump is weakening the US dollar, and Scott Bessent is keeping it afloat. Political factors are prevailing over economic ones. Let’s discuss this topic and make a trading plan for the EUR/USD pair. The article covers the following…
Following Australia’s hotter-than-expected December CPI, AUD/CHF appeared to be the pair to watch, and has rallied sharply to .5398—up nearly 1% and testing key resistance. With the fundamental catalyst confirmed and the immediate FOMC uncertainty cleared, the strategic focus now shifts to identifying high-probability pullback zones where fundamental buyers are likely to provide support for those considering long positioning….
NZ consumer confidence hit a four-year high as the key “big ticket purchase” gauge turned positive, but ANZ still sees only “par” growth amid offsetting headwinds and tailwinds. Summary: ANZ-Roy Morgan consumer confidence rose to 107.2 in January from 101.5, the highest since August 2021. The “good time to buy a major household item” gauge moved to +1, turning…
Gold (XAU/USD) trims some of its earlier losses on Thursday as traders book profits following the Federal Reserve’s (Fed) monetary policy decision, which barely moved the needle as the yellow metal seems poised to record its best month since the 1980s. At the time of writing, XAU/USD trades at $5,315, down 1.83%. Bullion pares earlier losses as profit-taking follows…
