Tuesday’s November payrolls report carries exceptional uncertainty after the 43-day government shutdown disrupted data collection, leaving markets to navigate potentially unreliable readings that could trigger exaggerated moves in thin holiday trading. With consensus expecting just 55K jobs added and unemployment potentially jumping to 4.6%, the release will test whether labor market cooling validates the soft-landing narrative or reignites…

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KEY POINTS: Japanese Yen is the strongest major currency today Better than expected Tankan data added support for the rate hike BoJ wage growth assessment was positive The market is pricing an 83% probability of a BoJ rate hike on Friday US NFP and CPI likely to steal the show FUNDAMENTAL OVERVIEW USD: The USD has been weakening across…

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GBP/USD holds steady above mid-1.3300s as traders await key data and BoE this week The GBP/USD pair remains on the defensive during the Asian session on Monday, though it lacks bearish conviction and holds above the 200-day Simple Moving Average (SMA) pivotal support. Spot prices currently trade around the 1.3360 region, nearly unchanged for the day. The US Dollar…

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You’re staring at your trading journal, and the numbers look good, really good. Eight wins out of ten trades. But here’s the uncomfortable truth: those results might be lying to you. Not because the data is wrong, but because of how you’re looking at it. In this article, we’ll expose the nine most dangerous mistakes traders make when analyzing…

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Citi has shifted to a notably more hawkish outlook on Australian monetary policy, now forecasting two 25 basis point rate increases in 2026, beginning as early as the Reserve Bank of Australia’s first policy meeting of the year on February 3, followed by a second hike in May. Info via an Australian Financial Review report. The call follows a…

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Reserve Bank of New Zealand (RBNZ) Governor Anna Breman said on Monday that the economic outlook has evolved broadly in line with the Monetary Policy Committee’s expectations, with signs continuing to emerge that growth is recovering. Key quotes The economic outlook has evolved broadly similar to the MPC’s expectations. We continue to see signs that growth is recovering. Reiterates forward…

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Reserve Bank of New Zealand Governor Breman said the economic outlook has evolved broadly in line with the Monetary Policy Committee’s expectations, with signs continuing to emerge that growth is recovering. Breman reiterated that the forward track for the Official Cash Rate (OCR), as published in the November Monetary Policy Statement, still implies a small probability of a further…

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A mass shooting at Bondi Beach in the Australian city of Sydney has killed at least 16 people and wounded 40. The officials stated that the death toll includes two police officers and at least one child, Bloomberg reported on Sunday. Australian Prime Minister Anthony Albanese said in a press conference early Monday that the shooting was a “targeted…

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UK home asking prices fell by more than is typical for the time of year in early December, according to property website Rightmove, highlighting a subdued housing market around last month’s government budget. Rightmove said average asking prices for newly listed homes dropped 1.8% month-on-month in the four weeks to December 6, a steeper fall than the 10-year average…

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