Japanese Yen remains weak against US Dollar, Japan’s National CPI cools down
The Japanese Yen (JPY) shows weakness against the US Dollar (USD) during the Asian trading session on Friday. The USD/JPY pair holds onto gains near its weekly high of 155.20 posted on Thursday. The pair is under pressure as the US Dollar continues to outperform due to signals from Federal Open Market Committee (FOMC) Minutes […]
USD/THB: Gradual downside bias projected – UOB
UOB economists Enrico Tanuwidjaja and Sathit Talaengsatya note that the Thai Baht’s rally paused in January as a sharp Gold correction disrupted retail Gold markets and generated two-way FX flows. The Bank of Thailand continues to smooth volatility and scrutinize Gold-linked FX. Source link
Slower sales and softer PMIs – TD Securities
TD Securities’ Global Strategy Team expects UK Retail Sales growth to slow sharply in January and anticipates some loss of momentum in both Manufacturing and Services PMIs. While consumers are seen as resilient and PMIs remain in expansion territory, the underlying trend is viewed as more moderate, with UK growth in 2026 described as cautious […]
Political succession risks and policy outlook – Rabobank
Rabobank’s Bas van Geffen analyses reports that President Lagarde may leave the ECB early, arguing this is not required to safeguard ECB independence but could help France retain influence on the Executive Board. The bank expects Germany and France to keep board seats but not the presidency, and stresses that successors to Lane and Schnabel […]
Triangle consolidation caps upside – Scotiabank
Scotiabank Scotiabank analysts Shaun Osborne and Eric Theoret note the Canadian Dollar is slightly weaker but holding above 1.37, with USDCAD tracking broader Dollar moves. Their fair value estimate has edged up to 1.3625, reflecting less favourable drivers for the CAD. Technically, they see a broad consolidation, with strong resistance in the upper 1.36s and […]
Pound sterling struggles below 1.3500 vs. USD amid BoE rate cut bets
The GBP/USD pair is seen consolidating its weekly losses registered over the past three days and oscillating in a narrow range near a four-week trough, touched during the Asians session on Thursday. Spot prices currently trade just below the 1.3500 psychological mark and seem vulnerable to slide further. The British Pound (GBP) continues with its […]
Will the RBA look through a slight rise in Australia’s unemployment rate?
The Australian monthly employment report is scheduled for release on Thursday at 00:30 GMT, and market participants anticipate a modest increase in jobs in January. The Australian Bureau of Statistics (ABS) is expected to announce that the country added 20K new jobs in the month, while the Unemployment Rate is forecast at 4.2%, up from […]
XAG/USD compresses within triangle chart pattern
Silver (XAG/USD) trades with a positive tone on Wednesday, snapping a two-day losing streak as dip buyers step in to cushion the downside. At the time of writing, XAG/USD is hovering around $77.50, up over 5.5% on the day. Despite the intraday bounce, the white metal could struggle to build on gains in the near […]
Fed Minutes to highlight wide dispersion over rate cut outlook
The Minutes of the United States (US) Federal Reserve’s (Fed) January 27-28 monetary policy meeting will be published on Wednesday at 19:00 GMT. The US central bank decided to leave the policy rate unchanged at the range of 3.50%-3.75%, but Fed Governors Stephen Miran and Christopher Waller voted to lower the fed funds rate by […]
Tests Symmetrical Triangle breakdown near 1.3580
The GBP/USD pair trades flat at around 1.3570 during the European trading session on Wednesday. The pair flattens while the Pound Sterling (GBP) trades higher after the release of the United Kingdom (UK) Consumer Price Index (CPI) data for January. Pound Sterling Price Today The table below shows the percentage change of British Pound (GBP) […]
