There has been a round trip in a number of risk assets on the Trump tariff story and the subsequent denial. Stock markets have largely held up but that could be changing as we enter the latter parts of the day. The S&P 500 is up 33 points to 5975 after rising as high as […]
Category Archives: Forex News
US-listed China ETFs are struggling today, erasing earlier gains. There was some optimism on the report about Trump softening tariffs but the President-elect later denied that report and China is back in the doldrums. The MCHI ETF is now 2% lower and at the worst levels since late September. MCHI ETF daily There are some […]
The USDCAD has had a volatile trading today as tariff news from Pres.-elect Trump sent the dollar lower and then higher, and word of the resignation of Canada PM Trudeau also contributed. Technically, the price moved lower on the tariff news taking the pair below a “Red Box” (see chart below) that has defined the […]
NASDAQ Price Prediction and Analysis: Key Levels to Watch Today. Do not short yet… The NASDAQ 100 E-mini futures were up already by over 1.5% today, its high so far near 21,850 at the time of this analysis. This strong performance reflects growing optimism in the broader market and positions the NASDAQ as a critical […]
Prior +2.2% HICP +2.9% vs +2.6% y/y expected Prior +2.4% That’s a much higher reading than estimated as German monthly inflation climbs by 0.4%, compared to 0.3% expected in December. The more pressing concern is that core annual inflation is seen moving up for yet another month, now up to 3.1%. For some context, it […]
Australian Dollar Futures (6A), March 2025 Contract: Key Levels, Analysis, and Price Prediction for the Australian Dollar Futures Market Current Price: 0.6245 Market Overview and Key Dynamics in Australian Dollar Futures The Australian dollar futures market, particularly the AUDUSD pair, is showing signs of a continued upward reversal. This Aussie dollar strength is driven by […]
EUR/USD is trading back up to 1.0365, up 0.5% on the day, and starting to nudge back above its 100-hour moving average of 1.0349. The pair is looking for a second straight day of gains, catching a bounce after a plunge last week to a low of 1.0222. Similarly, GBP/USD is also up 0.5% to […]
This feels more like the actual start to the new year, so welcome back one and all. The dollar continues to sit in a good spot, largely holding gains from the turn of the year. EUR/USD is hovering near 1.0300 while USD/JPY is racing up and taking aim at 158.00 today. Elsewhere, USD/CNY is also […]
Japanese Yen Futures AI Price Prediction: Key Levels, Analysis, and Forecast AI Analysis and Forecast for Japanese Yen Futures The Japanese Yen futures market is displaying mixed signals on the 30-minute timeframe, with recent buying attempts lacking strong follow-through. This suggests a likely consolidation phase, but how the price interacts with key levels will provide […]
A bit more on that earlier report from Financial News in China: The People’s Bank of China (PBOC) is set to issue a record volume of offshore yuan bills in Hong Kong this month, aiming to stabilize the yuan’s exchange rate amid growing pressures. Issuing offshore yuan bills is a strategy for absorbing excess liquidity […]




