EURJPY Market Analysis: ECB, BOJ, and Technical Outlook ECB Rate Decision: Inflation, Tariffs, and Market Sentiment Impact on EURJPY The European Central Bank (ECB) is scheduled to announce its interest rates and monetary policy statement on March 6th, 2025, followed by its standard press conference. The meeting occurs ...
Posted:
Markets Weekly Outlook – US PCE, Japanese Inflation & Tariffs in Focus US equity markets experienced a slight downturn due to concerns about inflation impacting consumer spending, highlighted by Walmart’s cautious outlook. The upcoming US PCE data is crucial as the Fed’s preferred inflation measure. Japanese inflation data will also be key ...
Posted:
Canadian dollar eyes retail sales The Canadian dollar is showing small losses on Friday. USD/CAD is trading at 1.4196 in the European session, up 0.14%. On Thursday, the Canadian dollar took advantage of broad US dollar weakness and gained 0.45%. Canada’s retail sales expected to ...
Posted:
UK retail sales jump, British pound steady The British pound has steadied on Friday against the US Dollar after climbing 0.6% a day earlier.  GBP/USD is trading at 1.2655 in the European session, down 0.1% on the day. UK retail sales jump 1.7% UK retail sales sparkled ...
Posted:
Bitcoin (BTC/USD) Holds Above $95k but Faces Significant Resistance Ahead Bitcoin (BTC/USD) is holding above $95k but facing significant resistance. While spot Bitcoin ETFs have attracted substantial investments, there have been recent net outflows, and on-chain data suggests a cooling down in speculative appetite. Strategy’s potential Bitcoin purchase, following a ...
Posted:
Aussie hits 2025 high on strong jobs data The Australian dollar has posted strong gains on Thursday.  In the European session, AUD/USD is trading at 0.6377, up 0.55% on the day. Australia’s job growth beats forecast Australia’s labor market continues to shine.  The economy created 44 thousand jobs ...
Posted:
Market Insights Podcast – Gold hits record high, UK inflation higher than expected, Reserve Bank... Join OANDA Market Analyst Kenny Fisher & podcast guest Nick Syiek (TraderNick) as they review the latest market news and moves. MarketPulse provides up-to-the-minute analysis on forex, commodities and indices from around the world. MarketPulse is an award-winning news site ...
Posted:
EUR/JPY Technical: On the verge of a potential bearish breakdown after 6 months of consolidation The recent Euro strength in the past week has fizzled out. The ongoing trend of the 2-year yield premium shrinkage between the 2-year German Bunds over Japanese Government Bonds reinforced further potential downside in EUR/JPY. Watch the 155.45 downside trigger ...
Posted:
Brent Oil Price Forecast: Supply Concerns and Technical Analysis Supply concerns are supporting Brent crude oil prices. OPEC+’s decision on whether to maintain or adjust oil supply cuts beyond April is uncertain, with factors like US oil stockpiles and potential policy changes by the Trump administration influencing their deliberations. ...
Posted:
UK inflation jumps to 3%, pound eyes FOMC minutes The British pound continues to have an uneventful week.  In the European session, GBP/USD is trading at 1.2595, down 0.13% on the day. UK inflation hits 3% in January Consumer inflation in the UK rose to 3% y/y in January, ...
Posted:
New Zealand central bank lowers rates by 50 bps, New Zealand dollar gains ground The New Zealand dollar has posted gains on Wednesday.  NZD/USD is trading at 0.5721 in the European session, up 0.31% on the day. RBNZ chops rates by 50 bps as expected The Reserve Bank of New Zealand slashed the cash ...
Posted:
S&P 500 Records All-Time Highs Led by Chipmakers, Dow Jones (DJIA) Seesaw Continues The S&P 500 reached new all-time highs, driven by a late-session rally in chipmakers, while the Dow Jones Industrial Average showed mixed movements. President Trump has proposed new tariffs, potentially targeting the Pharmaceuticals and Automobiles sectors with a 25% tariff ...
Posted:
Gold (XAU/USD) Eyes Fresh Highs, US-Russia Talks Fail to Quell Haven Demand Geopolitical tensions continue to support gold prices despite talks between the US and Russia, and a potential phase two deal between Israel and Hamas. Gold has held above the $2900/oz level to start the week, but the RSI indicates it ...
Posted:
New Zealand dollar slips ahead of expected RBNZ cut The New Zealand dollar is sharply lower on Tuesday.  NZD/USD is trading at 0.5700 in the North American session, down 0.62% on the day. RBNZ expected to chop rates by 50 basis points The Reserve Bank of New Zealand meets ...
Posted:
Canada’s CPI expected to remain under 2 percent The Canadian dollar is calm on Tuesday.  In the European session, USD/CAD is trading at 1.4194, up 0.08%. Canada’s CPI expected to creep up to 1.9% Canada releases the January inflation report later today and headline inflation is expected to ...
Posted:
RBA finally lowers rates, Aussie shrugs The Australian dollar is drifting on Tuesday after three straight days of gains.  In the European session, AUD/USD is trading at 0.63671, up 0.09% on the day. RBA lowers rates to 4.1% The Reserve Bank of Australia cut the cash ...
Posted:
AUD/NZD: Further Aussie outperformance over Kiwi supported by a weaker New Zealand labour market New Zealand’s unemployment rate has accelerated to 5.1% in Q4 2024, a whisker below its Covid peak of 5.2% while Australia’s unemployment rate remained stable at 4%. A further steepening of yield spreads between Australian and New Zealand sovereign bonds ...
Posted:
British pound eye jobs report The British pound is showing little movement on Monday.  In the North American session, GBP/USD is trading at 1.2592, up 0.06% on the day. UK job growth expected to plunge The markets are bracing for a sharp decline in employment ...
Posted:
Yen extends gains on strong GDP The Japanese yen continues to roll against the US dollar and has posted gains for a third straight trading day, gaining 1.9% during that time. In the European session, USD/JPY is trading at 151.43, down 0.53% on the day. Japan’s ...
Posted:
RBA poised to cut rates, Aussie edges higher The Australian dollar is higher for a third consecutive trading day. In the European session, AUD/USD is trading at 0.6363, up 0.25% on the day.  Earlier, AUD/USD climbed as high as 0.6373, its highest level this year. RBA expected to ...
Posted: