EUROPEAN SESSION In the European session, we don’t have much on the agenda other than a couple of low tier releases like the French consumer confidence and the Spanish unemployment rate. None of the data will change anything for the markets or the ECB, so the reaction will be muted. Traders are now just waiting for the FOMC decision…
The Japanese Yen (JPY) remains on the defensive through the Asian session on Tuesday amid concerns about Japan’s fiscal health on the back of Prime Minister Sanae Takaichi’s aggressive spending and tax cut plans. Apart from this, a generally positive risk tone is seen undermining the safe-haven JPY amid domestic political uncertainty ahead of a snap election on February…
Trend traders gather ’round! AUD/JPY’s recent downswing took the pair to a MAJOR area of interest for AUD/JPY buyers. Think the pair would find support from its current levels? AUD/JPY 4-hour Forex Chart by TradingView Late last week, currency intervention threats from both Japanese and U.S. officials pushed traders back into the yen. USD/JPY took the brunt of the…
Summary: Trump revives Asia-Pacific trade tensions by lifting tariffs on South Korean goods to 25%, before Seoul signals fast-tracked legislative action Japan service-sector inflation remains firm, reinforcing wage-driven price pressure UK shop price inflation jumps to a two-year high, challenging “inflation has peaked” narratives Australian business conditions improve but capacity constraints remain elevated China’s industrial profits return to growth,…
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a weaker note near 97.00 during the Asian trading hours on Tuesday. The US ADP Employment Change and Consumer Confidence reports are due later on Tuesday. Worries about the Federal Reserve (Fed) independence have dragged the DXY down to its…
Markets appear to be bracing for an Australian inflation rebound that could boost February tightening bets for the RBA. Our Event Guide for the Australian CPI release points out that the manufacturing and services industries both reported accelerating cost pressures for December. Here’s what I’m looking at on AUD/CHF and GBP/AUD in this scenario. This…
The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a +/- 2% range, around a central reference rate, or “midpoint.” The rate set under 7 today for the first time since May 2023. Previous close 6.9540 more to come This article was written by Eamonn Sheridan at investinglive.com.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any…
2026.01.26 2026.01.26 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 26.01.2026 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: Wave (Z) continues to develop. The price may decline to 80,770.57. Consider short positions. XRPUSD: The price continues to decline…
Markets delivered divergent performance at the start of a busy week, with the dollar sliding toward four-month lows, while gold surged above $5,000 for the first time and equities advanced on energy sector strength amid soaring natural gas prices. Check out the forex news and economic updates you may have missed in the latest trading session! Forex News Headlines…
