DXY slips as hot PPI stokes stagflation fears
DXY fell about 0.2% on Friday, grinding back into 97.60 after a hotter-than-expected Producer Price Index (PPI) report amplified concerns that inflation is proving stickier than the Federal Reserve (Fed) would like, weighing on growth expectations and dragging the Greenback lower. Source link
Data to confirm strong upswing – DBS
DBS Group Research expects Taiwan’s upcoming January export orders and industrial production to show strong double-digit growth, helped by last year’s low base and robust global AI-driven demand, alongside semiconductor and ICT inventory restocking. February CPI is forecast above 1.5% on holiday-related food and services prices. The statistics agency’s upgraded 2026 GDP and CPI forecasts […]
US and Israel attack Iran, risk aversion to sweep global markets
Early Saturday, United States (US) President Donald Trump announced that the US had begun “major combat operations” in Iran, following Israel’s pre-emptive missile attacks against Tehran. The US bombed multiple locations in Tehran, Iran’s Tasnim news agency reported. Israel’s Prime Minister Benjamin Netanyahu said that the attacks on Iran were aimed to remove an “existential threat”. […]
US Dollar slips on trade uncertainty as NFP, Eurozone HICP loom
The US Dollar (USD) lost ground this week amid geopolitical uncertainty and the United States (US) trade policy developments after the Supreme Court ruled the Trump administration’s tariffs illegal and he responded with a fresh round of levies. On another note, the release of a stronger-than-expected Producer Price Index (PPI) data couldn’t revive the Greenback. […]
Gold hits $5,260 as war jitters, trade tension rattle markets
A red-hot inflation report in the United States and rising tensions between the latter and Iran pushed Gold price higher on Friday, past the $5,260 figure, posting solid gains of over 1.20%. At the time of writing, XAU/USD trades at $5,261, hitting a one-month high and extending its gains for the seventh consecutive month. XAU/USD […]
Gold hovers above $5,200, setting the stage for another weekly gain
Gold (XAU/USD) trades slightly higher on Friday, pressing against the upper boundary of this week’s established range, after reports that US officials advised nonessential embassy staff in Israel to depart amid rising tensions, stoking fears of potential military escalation in the ongoing US-Iran standoff. At the time of writing, XAU/USD is trading around $5,225, up […]
Fed on hold as core PCE surprises higher – Nordea
Jan von Gerich at Nordea notes that US data flow has been light, but a December upside surprise in core PCE suggests price pressures may be easing more slowly than CPI implies. He argues this supports the Federal Reserve staying on hold, and Nordea does not expect further rate cuts even after Kevin Warsh replaces […]
Price above 20-day EMA backs near-term bullish bias
The USD/JPY pair is down 0.2% to near 155.80 during the European trading session on Friday. The pair retraces as the Japanese Yen (JPY) extends recovery on hopes of Japan’s intervention. Japanese Yen Price Today The table below shows the percentage change of Japanese Yen (JPY) against listed major currencies today. Japanese Yen was the […]
Holds above 0.7100 amid bullish technical setup
The AUD/USD pair attracts fresh buyers following the previous day’s modest pullback and holds steady above the 0.7100 mark through the Asian session on Friday. Spot prices seem poised to register gains for the sixth straight week and remain within striking distance of a three-year peak, touched earlier this month. The AUD/USD pair holds above […]
Financial impulse points to solid growth – Commerzbank
Commerzbank’s Dr. Marco Wagner introduces a new financial impulse indicator based on the Fed’s FCI-G indicator that signals how strongly the financial environment is driving or slowing down the economy. The indicator currently signals strong support for Eurozone growth and Commerzbank projects around 1% growth in 2026 and 2027. New indicator shows ongoing tailwinds “The […]
