FX

As we enter January, we have a series of very unusual long term cycles come together. Every few years we see long term cycles – monthly cycles align across a series of instruments. This is a rare occurrence and often portends a significant shift in economic conditions. There are some potential incredible opportunities. Here is

AUD/USD gains ground to near 0.6220 in Monday’s early Asian session.  Fed officials have become more cautious about cutting interest rates, which might support the USD.  The RBA dovish expectation is likely to weigh on the Aussie.  The AUD/USD pair holds positive ground around 0.6220 during the early Asian session on Monday. However, the potential

NZD/JPY inches higher on Friday, touching 88.90 and holding recent upside momentum. MACD bars remain green but have flattened, signaling cautious optimism amid lingering downside risks. RSI moves up to 51, entering positive territory as buyers tentatively return. NZD/JPY added a modest 0.20% on Friday, climbing to 88.90 and building on the gains seen since

The Dow Jones lost 400 points on Friday. Holiday markets traded on the low side, Dow ended the week flat. Another midweek holiday next week will crimp market volumes. The Dow Jones Industrial Average (DJIA) shed around 400 points on a quiet Friday. Most investors are still out of the markets on holidays and thin

The US Dollar trades stable in very calm holiday trading on Friday. Monthly Industrial Production in Japan fell by 2.3%, less than the expected 3.5%, while big Chinese manufacturers also reported falling profits. The US Dollar Index (DXY) briefly slipt below 108.00, remains close to a two-year high. The US Dollar (USD) is trading a

EUR/USD registers a minor uptick on Friday, trading near 1.0430 after recent losses. RSI climbs to 44 in negative territory, indicating a tepid recovery but still suggesting sellers hold the upper hand. MACD histogram shows flat green bars, hinting at fading bearish momentum while the 20-day SMA remains a key hurdle. The EUR/USD pair ended

Silver price drops sharply to near $29.60 as US bond yields rise on expectations that the Fed will follow gradual rate-cut cycle in 2025. Heightened geopolitical tensions in Middle East failed to uplift the Silver price. The outlook of the Silver price has weakened amid a breakdown of the upward-sloping trendline around $30.00. Silver price

AUD/USD softens to around 0.6215 in Friday’s early Asian session.  Fewer Fed rate cuts bets and Trump’s policies continue to support the USD.  RBA’s Meeting Minutes revealed the board had grown more confident about inflation, but risks persisted. The AUD/USD pair remains on the defensive around 0.6215 during the early Asian session on Friday. The incoming

The US Dollar trades sideways and remains unphased by headlines out of China about ramping up bond sales next year.  Chinese policymakers plan to sell a record 3 trillion yuan of special treasury bonds in 2025, the highest on record. The US Dollar Index (DXY) resides above 108.00, very close to eke out a fresh two-year

GBP/USD trades near 1.2570 as volume remains low during the holiday week. The US Dollar Index DXY stays stable around 108.15, showing little movement. Fed’s gradual interest rate cuts expectations weigh on the Greenback. The GBP/USD pair has seen a modest rise to 1.2550, as low trading volume characterizes the market this week due to

The GBP/USD pair has seen a modest rise to 1.2550, as low trading volume characterizes the market this week due to the upcoming Christmas holidays. The pair has been consolidating, with minimal price action as the market adjusts to a quiet holiday period. Similarly, the US Dollar Index (DXY) is largely flat, hovering above 108.00, showing no significant changes as traders

Gold remains steady near $2,610 as the US Dollar continues to strengthen. Fed signals fewer rate cuts next year, reducing upward pressure on Gold. XAU/USD faces downward pressure as it tests 100-day SMA support. The Gold price remains relatively steady around the $2,611 mark, as market participants adjust to a more cautious outlook on US

GBP/JPY consolidates in a range on Tuesday amid mixed fundamental cues. The BoJ rate hike uncertainty undermines the JPY and supports spot prices. The BoE’s dovish stance keeps the GBP bulls on the defensive and caps gains. Intervention fears should further contribute to keeping a lid on the cross. The GBP/JPY cross struggles for a

Aussie mildly declined to 0.6250 on Monday trading on a tight range. Market eyes upcoming RBA minutes for policy clues. Any RBA dovish hint could push the pair even lower. The Australian Dollar trades in a tight range around 0.6250 as investors look ahead to Tuesday’s Reserve Bank of Australia (RBA) minutes. Markets remain focused

The Pound Sterling rises against its major peers as investors look beyond the mild increase in BoE dovish bets for 2025. The revised UK GDP estimates for Q3 show that the economy remained flat. The latest commentary by Fed officials shows less willingness to cut interest rates in 2025 amid uncertainty surrounding Trump’s policies.  The

Aussie edges up 0.33%, consolidating around 0.6200. Markets digest US PCE data for policy cues. Fed is seen holding rates steady in early 2025. The Australian Dollar consolidates around 0.6200 on Friday as traders digest November’s US Personal Consumption Expenditures (PCE) inflation data. With the Federal Reserve (Fed) expected to keep interest rates steady at

DXY slips as profit-taking sets in, falling toward 107.80. Traders parse disinflationary PCE data after Fed’s hawkish cut on Wednesday. The soft inflation readings might not alter the ‘wait and see’ posture of the Fed. The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, took a hit

USD/JPY retreats below 157.00 at the end of the week. Traders dumped the USD after soft PCE data. The Fed’s hawkish outlook might limit the pair’s downside. The USD/JPY pair pulled back from its highest levels since July, retreating to 156.50 following the release of US Personal Consumption Expenditure (PCE) data. Softer inflation metrics, coupled