Inflation expectations are rising, driven by tariff concerns and impacting consumer sentiment. US job growth was lower than expected, adding to market concerns. Key events for the week ahead include the US CPI release and testimony from Fed Chair Jerome Powell. Read More: Global Market Outlook 2025: Trends, Risks, and Opportunities for Traders Week in […]
The Canadian dollar is showing limited movement for third consecutive day. In the European session, USD/CAD is trading at 1.4328, up 0.14% on the day. The week wraps up with January employment reports from both Canada and the US, which could mean USD/CAD will be active in the North American session. Canada and the US […]
The Japanese yen is in negative territory on Friday. This follows a two-day rally which saw the yen jump 1.9% and hit a three-month high. In the European session, USD/JPY is trading at 151.94, up 0.39% on the day. On the data front, Japan’s household spending was much stronger than expected and the US releases […]
Consensus forecasts predict an increase of 169,000 jobs, with the unemployment rate expected to remain at 4.1%. Strong numbers (over 190,000 jobs) could strengthen the dollar, while weak numbers (less than 135,000 jobs) could weaken it. (DXY) currently has support levels around 107.00, 106.13, and 105.76, and resistance levels at 108.00, 108.49, and 109.52. Most […]
The British pound is sharply lower on Thursday. In the North American session, GBP/USD is trading at 1.2434, down 0.56% on the day. The pound fell as much as 1.1% but has pared around half of the losses. BoE trims rates by 0.25% The Bank of England (BoE) lowered interest rates by 0.25% at today’s […]