Gold holds below $4,600 as traders await key US CPI data
Gold (XAU/USD) remains in a consolidation phase just below the $4,600 level and close to the record high set in the previous session during Tuesday’s Asian trading hours. Market participants appear reluctant to commit to fresh positions ahead of the release of the latest US Consumer Price Index (CPI) data, which could provide clearer guidance […]
US CPI seen holding steady, Fed policy outlook likely unchanged
The US Bureau of Labor Statistics (BLS) is set to release the Consumer Price Index (CPI) for December on Tuesday at 13:30 GMT. The data is expected to show that inflation pressures remained broadly stable toward the end of 2025. As one of the most closely watched inflation gauges, the report could prompt short-term volatility […]
Gold Prices Slip as Strong Dollar Keeps Pressure On
Gold prices dipped a bit during Friday’s Asian session. It’s having a hard time building on yesterday’s bounce from around $4,400. The reason? The US dollar looks strong—it’s hanging out near a one-month high, and a stronger dollar usually drags gold down, since gold doesn’t pay interest. Still, gold isn’t seeing a big wave of […]
Gold stays under pressure as traders book profits ahead of US NFP
Gold prices (XAU/USD) extend their mild pullback for a second consecutive session, slipping back toward the previous overnight low during Thursday’s Asian trade. The decline appears largely driven by profit-taking rather than a fresh fundamental trigger, and downside momentum remains contained by a broadly supportive macro backdrop. While global risk sentiment has been resilient, rising […]
US Dollar Index Drops as Venezuela Fears Ease
The US dollar index kept sliding for a second day, hovering near 98.00 in Asian trading on Tuesday. The Dollar Index, which measures the greenback against six major currencies, just doesn’t have much energy right now. Why? Traders aren’t as nervous about the situation in Venezuela. The tension isn’t spilling over, so people are feeling […]
EUR/USD Pair Technical Analysis: Stuck Below 1.1800
The EUR/USD pair does not seem to go above the level of 1.1800 and on early Wednesday in Asia, it sank to a new weekly low near 1.1740 as the US Dollar caught some strength. What’s odd is that this happened even though the FOMC Minutes still point to more rate cuts ahead. Right now, […]
Dollar Index Gets a Lift as Fed Hints at Slowing Down
The US Dollar Index (DXY) inched up on Wednesday, hanging out near 98.50 as traders digested the latest word from the Fed. During Asian hours, the dollar kept climbing for a second day—people are jumping back in after Fed officials signalled they want to take things slow on further easing. The minutes from December’s meeting […]
Australian Dollar Nears 14-Month High on Increased Rate-Hike Talk
On December 29, the Australian dollar rallied, with the AUD/USD pair hitting a 14-month high of 0.6727. What causes the jump? Markets are now betting more than ever that the Reserve Bank of Australia will need to raise interest rates in early 2026. It’s just that Australia’s inflation isn’t coming down, and traders think its […]
Japanese Yen Slips Slightly From Weekly High; Upward Bias Remains
On Wednesday, the Yen saw a slight decline in value relative to the US dollar, immediately following its peak this week. Still, the overall mood around the Yen is pretty strong. Lately, it’s found steady support as the Dollar lost ground and investors hunted for safe places to park their money. With global tensions running […]
Australian Dollar Advances as Markets Weigh RBA and Fed Signals
The Australian Dollar rose on Monday, remaining in positive territory as traders carefully analyzed mixed central bank cues from Asia and the US. The tone was still wary, but not negative. Instead, the market just leaned toward stability to revive the AUD. One early reprieve for the Australian Dollar was from China. The People’s Bank of China […]
Japanese Yen Gains on Safe-Haven Demand, BoJ Signals Rise
The Japanese Yen began a contrarian Monday on the offensive, even though it only maintained some of its intraday peak versus the US Dollar. This may sound like a small step — and on the surface, it is — but the thinking behind it goes much further. A combination of global tensions, conservative central bank […]
Australian Dollar falters as Strong USD and Rate Hikes Play on Traders’ Minds
On Wednesday, the Australian dollar continued its persistent slide versus the greenback for the fifth straight session. AUD/USD: Dismal Australian data hurt the Aussie. The AUD/USD pair is seen near 0.6630 at press time, with a couple of bearish setups eyeing further weakness this Wednesday, supported by a positive US Dollar and diminishing expectations of […]
US Dollar Index Slips Near 98 as Markets Bet on Bigger 2026 Rate Cuts Than the Fed
The US Dollar Index just can’t seem to catch a break, as on Thursday, it hovered nervously above 98, barely holding on after dropping to a new seven-week low at 98.13. Traders are increasingly leaning toward the view that the Fed will have to cut rates much deeper by 2026 than officials are willing to […]
US Dollar Index Slips Towards 98.50 After Fed Cut; Markets Now Watching Jobless Claims
The US Dollar Index eased to roughly 98.55 in the early Asian session on Thursday. It wasn’t a dramatic fall—more like the kind of slow slide you notice only when you look twice. Traders have seen this kind of reaction before: the Dollar doesn’t jump or crash; it just loosens its shoulders after a big […]
WTI crude hovers near $58.20 as a stronger US Dollar drags oil prices down
WTI crude is trading close to $58.20 early Wednesday in Asia. Oil’s losing steam, and the main culprit is the US Dollar. After fresh US job data surprised everyone, the Dollar got a boost. Since oil’s priced in Dollars, a stronger Dollar usually makes crude more expensive for buyers using other currencies, so demand slips […]
WTI Dips Below $60, But Downside Looks Limited
WTI crude slipped just under $60 on Monday, trading with a slightly negative vibe. Still, it’s hanging near the two-week high it hit on Friday, so sellers aren’t really taking over. The price has been climbing for three weeks straight, though you can tell buyers are getting a bit careful at these levels. Russian Supply […]
USD/CAD Stays Quiet Near 1.3950 as Traders Eye Canadian Jobs Data
USD/CAD barely budged around 1.3950 during Friday’s Asian hours. No one wanted to make a big move before Canada’s jobs numbers drop later today. The pair stuck to its range from Thursday, with everyone waiting for fresh economic clues that might sway the Bank of Canada’s next policy call. That labor report lands at 13:30 […]
GBP/USD Drops Below 1.3350 as the USD Accelerates
Early on Thursday, GBP/USD is trading around 1.3330, retreating from its recent two-month high. The main story? The US Dollar bounced back, even though American economic data has been underwhelming. People are keeping an eye on the calendar—big US numbers are on the way, especially the Weekly Initial Jobless Claims Report. Right now, there’s caution […]