The USD/JPY pair is currently positioned between 155.8 and 156.0, having made a significant recovery from the 152.0 level reached during last week’s de-leveraging concerns. The pair has regained the 155.0 level, reached an intraday peak close to 155.98, and is currently approaching a significant resistance zone between approximately 155.5 and 156.5. The specified zone … Read more
The AUD/USD pair experienced a modest decline during Friday’s session, as market participants continued to price in the possibility of a Reserve Bank of Australia rate hike in the near term, while the Federal Reserve is still expected to deliver up to two rate cuts later this year. The Australian dollar showed mild weakness against … Read more
GBP/USD has transitioned from a vigorous four-year ascent to a measured decline following adjustments in the narrative surrounding the Federal Reserve in Washington. Spot is currently hovering around 1.3660–1.3700, significantly beneath the year-to-date peak of 1.3876 and below the previous resistance level at 1.3727. The shift commenced when Donald Trump appointed Kevin Warsh as the … Read more
The sharp adjustment following Kevin Warsh’s appointment to lead the Fed has impacted EUR/USD precisely at its most susceptible point: amid inflated valuations and a strong consensus anticipating a weaker dollar. The cross has recently surged to new four-year highs exceeding 1.20, following a 4% increase from the January low of approximately 1.1598. Meanwhile, the … Read more
The recent shift in USD/JPY is influenced by a clear adjustment in interest-rate expectations across both sides of the Pacific. The recent Summary of Opinions from the Bank of Japan indicates a more hawkish stance, with multiple policymakers highlighting the necessity for an additional rate hike due to ongoing inflation pressures and concerns regarding yen … Read more
The week began with GBP/USD positioned at approximately 1.3660, indicating a sustained period of pound strength in contrast to a weaker USD. Initial trading remained stable, but by Tuesday, the pair ceased its gradual movement and began to surge rapidly. A surge of dollar selling impacted global foreign exchange markets, causing GBP/USD to rise sharply, … Read more
The PPI report in the US changed the dynamics for EUR/USD in just one session. Headline PPI increased by 0.5% month-over-month, while core PPI rose by 0.7% month-over-month, contrasting with the consensus expectation of 0.2% for each. This led to a recalibration of the anticipated second Fed cut in 2026, shifting it toward October, resulting … Read more
The USD/JPY has recently concluded a volatile month that has complicated the straightforward narrative surrounding the pair. The price dropped to a weekly low around 152.09 before bouncing back to approximately 154.75, concluding January with a decline of about 1.3% and, importantly, remaining below the 155.00 threshold that had served as a key pivot for … Read more
GBP/USD has retraced from the 1.3860 peak towards the 1.3700–1.3750 range following a significant rebound in the US Dollar. The recent catalyst was the January FOMC decision along with the unexpected robustness in US producer prices. Headline US PPI increased approximately 0.5% month-on-month, surpassing expectations of around 0.2%. Core PPI increased by approximately 0.7%, compared … Read more
The recent shift in EUR/USD is primarily influenced by the change in Fed expectations following the confirmation of Kevin Warsh as the next Fed Chair. The pair recently approached the significant psychological level at 1.2000 and momentarily exceeded it. However, following the announcement of Warsh’s nomination, the dollar regained strength, causing EUR/USD to sharply decline … Read more