In March, Tokyo’s Consumer Price Index (CPI) rose by 2.9% year-on-year, maintaining the same growth rate as the previous month. This steady inflation rate has sparked renewed concerns over rising...
In March, Tokyo’s Consumer Price Index (CPI) rose by 2.9% year-on-year, maintaining the same growth rate as the previous month. This steady inflation rate has sparked renewed concerns over rising prices in Japan, with the Bank of Japan’s (BOJ) target of 2% still surpassed. While the central bank has aimed to keep inflation under control, recent figures suggest that price pressures continue to build, particularly in key sectors such as food.
A key factor driving the sustained inflation is the increase in food prices, with rice seeing an eye-popping 92.4% surge in March. The rise in food...
The Canadian government has decided to delay its next round of retaliatory tariffs, opting for a more measured approach as trade negotiations continue. The move signals an effort to ease tensions with...
The USD/CAD pair edged lower on Thursday, approaching the 1.4300 level, as the U.S. dollar faced renewed selling pressure. Investors are closely watching the 50-day Exponential Moving Average (EMA), a...
Silver prices remained resilient above the mid-$32.00 range, despite facing some bearish pressure as traders assessed market conditions. While broader risk sentiment appeared mixed, silver’s strong safe-haven...
The Australian dollar strengthened on Thursday, gaining momentum as investor sentiment improved following Donald Trump’s latest shift in trade policy. Markets welcomed the decision, seeing it as a potential...
The EUR/JPY pair climbed past 161.00 on Thursday as investors positioned ahead of the European Central Bank’s (ECB) rate decision, with expectations running high for any signals on future monetary policy...
West Texas Intermediate (WTI) crude slipped below $66.50 per barrel, pressured by a larger-than-expected build in U.S. crude inventories and renewed trade concerns following U.S. tariff moves. The decline...
The Australian dollar remained stable after the country’s latest trade balance data showed a stronger-than-expected surplus of 5.62 billion AUD in January, slightly above market forecasts. The currency’s...
Japan’s top foreign exchange diplomat, Masato Kanda Mimura, has raised concerns over a growing wave of trade protectionism, citing an uptick in tariffs and other restrictive measures. His remarks come...
The People’s Bank of China (PBOC) set the yuan’s daily reference rate at 7.1692 per U.S. dollar, a slight strengthening compared to the previous fix of 7.1714. The adjustment reflects the central bank’s...
Former U.S. President Donald Trump is working with House Republicans on a plan to extend government funding through September, aiming to avoid a shutdown as budget negotiations intensify. The move signals...
The Australian dollar remained stable on Wednesday as traders digested the latest Q4 private capital expenditure (CapEx) report, which offered mixed signals about business investment trends. While the...
The Australian dollar extended its decline on Wednesday, struggling against a stronger US dollar and renewed risk aversion in global markets. With investors leaning toward safe-haven assets, the Aussie’s...
The British pound remains under pressure as GBP/USD struggles to hold near 1.2650, weighed down by a stronger U.S. dollar and rising Treasury yields. Investors are flocking to the greenback as risk aversion...
The New Zealand dollar struggled to gain traction on Wednesday, with NZD/USD hovering below the 0.5700 level, as investors remained cautious ahead of the upcoming US GDP report. Market participants are...
The USD/CAD pair extended its rally, approaching the 1.4350 mark as the US dollar strengthened against its Canadian counterpart. A combination of rising US Treasury yields and falling crude oil prices...
The Australian dollar remained under pressure, weighed down by worsening global risk sentiment and a stronger US dollar. Investors sought safer assets amid renewed concerns over economic growth, geopolitical...
The EUR/USD pair weakened, nearing the 1.0500 level, as the US dollar gained momentum on the back of rising Treasury yields. Investors continued to favor the greenback amid expectations that the Federal...
The U.S. dollar edged higher against the Swiss franc, approaching the 0.8950 level, even as weak economic data and renewed tariff concerns cast a shadow over market sentiment. Despite signs of slowing...
The euro strengthened against the Japanese yen, approaching the 157.00 level, as reports of Germany considering an increase in defense spending lifted investor confidence. The move signals a potential...
The Australian dollar remains under pressure, struggling to gain traction as heightened global risk sentiment keeps investors cautious. Ongoing concerns about economic uncertainty, geopolitical tensions,...
Bitcoin has soared to an all-time high of $100,000, bolstering optimism across the cryptocurrency market. The landmark achievement comes amid heightened interest in blockchain innovation and renewed confidence...
Ripple’s XRP has captured market attention following a 40% surge in open interest, sparking speculation of a new all-time high for the cryptocurrency. The spike reflects heightened trading activity...
Bitcoin’s price hovers near a crucial resistance level, sparking speculation over its next major move. Currently consolidating around the $30,000 mark, the cryptocurrency faces a pivotal moment that...
Markets saw a whirlwind of speculation and volatility as cryptic social media posts from industry insiders stirred investor sentiment. The posts, ranging from vague predictions to ambiguous charts, led...
The People’s Bank of China (PBOC) has reaffirmed its commitment to bolstering economic recovery by rolling out additional stimulus measures aimed at boosting consumption. In its latest statement,...
The meme coin market delivered an unprecedented surge in 2024, with its market cap climbing by 500%, signaling renewed investor interest in speculative digital assets. Key players like Dogecoin and Shiba...
Bitcoin’s remarkable 2024 rally appears to be faltering as December outflows from US Bitcoin ETFs signal investor caution. After a year marked by soaring prices and heightened institutional interest, the...
Floki DAO is making strides toward the European market by proposing liquidity provisioning for a Floki Exchange Traded Product (ETP). The move is part of an ongoing effort to strengthen the presence of...
Israel is set to debut six Bitcoin mutual funds next week, signaling growing institutional interest in cryptocurrency investments. These funds, approved by the Israeli Securities Authority, aim to provide...
Bitcoin-focused exchange-traded funds (ETFs) are experiencing significant outflows, with $1.5 billion withdrawn in December, as Bitcoin’s price continues to hover below $27,000. The sustained sell-off...
Asian markets took a breather as investors assessed the Federal Reserve’s latest stance and major tech earnings. Stocks across the region showed mixed movements, with gains in some sectors offset by losses...
Oil prices remained stable as investors assessed the impact of shifting US trade policies on global demand. Market participants kept a close watch on potential tariff adjustments that could influence economic...
Dow Experiences Significant Drop
Source: DailyFx
The Dow has hit its lowest point since mid-January, marking a near-6% decline from its March highs. A further descent could challenge the 37,129 support,...
WTI crude oil declined toward $72.50 per barrel as rising U.S. crude stockpiles added to concerns about supply-demand dynamics. Data from the American Petroleum Institute (API) showed a larger-than-expected...
Recent Developments
Recently, the S&P 500 failed to exceed the peak of $5264.85 from March 28. It has since fallen below key levels at $5100 and $5056. This validates our forecast of a peak around...
Asian markets extended their losses as Japan’s Nikkei 225 dropped sharply, reflecting a broader sell-off driven by continued weakness in the AI sector. The Nikkei fell 1.8%, erasing earlier gains,...
Oil prices extended their decline as markets reacted to escalating trade tensions following renewed tariff threats from former U.S. President Donald Trump. The prospect of heightened tariffs raised concerns...
Japan’s tech sector faced renewed pressure as DeepSeek, a major player in AI technology, issued a profit warning citing weakening demand in the artificial intelligence market. The warning sent ripples...
Asian stocks opened higher despite lingering uncertainties around trade tariffs. Investors balanced optimism from regional gains with caution as the potential for further tariff announcements looms. Key...
Oil prices dipped as former President Donald Trump reiterated demands for the Organization of the Petroleum Exporting Countries (OPEC) to reduce energy costs. The remarks, delivered during a recent public...
Analysis
Market Sentiment and Strategy: EUR/USD, USD/CAD, Dow Jones
In trading, the allure of following prevailing trends—buying in bullish and selling in bearish phases—is strong. However, seasoned traders often find that unconventional strategies, like contrarian trading, which opposes dominant market sentiments, can unlock significant opportunities. This approach...
Euro FX Analysis: EUR/USD, EUR/CHF, EUR/GBP, EUR/JPY & Weekly Levels
Market Outlook and Sentiment Analysis
In the dynamic realm of currency trading, adopting contrarian strategies can unveil hidden possibilities by deviating from conventional thinking.
IG client sentiment provides valuable insights into the market’s sentiment, especially when analyzing the Euro...
US Dollar Market Analysis: Insights on EUR/USD and GBP/USD Recovery, USD/JPY Stability
The US dollar experienced a minor decline on Monday, though the drop was minimal, likely restrained by a rise in U.S. Treasury yields. Investors took profits following the dollar’s robust performance the previous week. Additionally, many chose not to take significant positions ahead of anticipated...
British Pound Trading Analysis: GBP/USD, EUR/GBP, GBP/JPY
Trading often resembles a game of follow-the-leader, with participants reacting to market movements by following established trends. However, experienced traders leverage contrarian strategies, which can uncover significant opportunities by opposing mainstream market sentiment.
IG client sentiment...
EUR/CHF Sentiment Analysis
EUR/CHF Trader Positions
Source: DailyFX
Retail Sentiment Overview
Currently, 49.76% of traders hold a net-long position in EUR/CHF, resulting in a nearly balanced short to long ratio of 1.01 to 1. Since April 11, 2024, when EUR/CHF was near 0.98, traders have shifted to a net-short stance. Despite...
EUR/USD remains range-bound as markets brace for key U.S. jobs data
The EUR/USD pair traded in a narrow range, with investors staying cautious ahead of the highly anticipated U.S. Non-Farm Payrolls (NFP) report due on Friday. The muted price action reflects market uncertainty, as traders assess how the jobs data could influence Federal Reserve policy and broader currency...
Australian dollar holds firm as trade surplus meets expectations
The Australian dollar remained stable after the country’s latest trade balance data showed a stronger-than-expected surplus of 5.62 billion AUD in January, slightly above market forecasts. The currency’s muted reaction suggests that traders had already priced in steady export performance, with little...
Euro surges against dollar as investors anticipate trade policy shift
The euro made significant gains against the U.S. dollar, driven by growing expectations that trade policies could see a shift in the coming months. Investors reacted to signals that tariff adjustments may be on the horizon, fueling optimism in currency markets and prompting a surge in EUR/USD trading...
Gold Outlook: XAU/USD targets record highs
Gold prices are on the rise, with XAU/USD inching closer to its all-time high as investors remain bullish on the precious metal. The momentum stems from growing speculation that central banks may adopt...
Bitcoin Pulls Back from $100.6K as Retail Investors Favor Trump-Linked Tokens
Bitcoin’s recent surge to an all-time high of $100,600 has reversed sharply, raising questions about the durability of its rally. The leading cryptocurrency fell below the milestone, with analysts...
Ethereum Price Outlook: ETH May Surge Past $4,400 Despite Higher Staking Withdrawals
Ethereum’s price is signaling potential for a significant rally as it edges closer to the $4,400 mark. Despite an uptick in staking withdrawals, market sentiment remains optimistic, bolstered by...
EUR/USD Price Prediction: Bulls Fail to Solidify Gains
The EUR/USD failed to sustain its recent bullish move, as economic uncertainty and a stronger dollar weighed on the pair. Despite a brief uptick driven by favorable sentiment in European markets, the euro...
SPX – Market Experiences Poor Breadth
The S&P 500‘s recent performance has highlighted a troubling divergence in market participation. Despite the index’s rally, the gains are being driven by a narrow group of mega-cap stocks,...
Dogecoin Outlook: DOGE Surpasses SHIB and PEPE as Traders Bet on Trump’s Victory
Dogecoin is capturing the attention of traders as its performance surpasses rivals Shiba Inu (SHIB) and Pepe (PEPE) in a volatile market. The meme cryptocurrency recorded a significant uptick in trading...
Ethereum Forecast: Investors Remain Optimistic with Rising Interest and Major ETH Withdrawals
Ethereum’s market sentiment remains bullish as key indicators point to strengthened investor confidence. The cryptocurrency saw a surge in open interest, reflecting increased activity in derivative markets....
Silver's Moment to Shine Arrives: Prepare Yourself
Silver is capturing attention as economic uncertainty drives investors toward safe-haven assets. Analysts note a surge in demand for precious metals, with silver standing out due to its dual role as both...
EUR/USD Outlook: Negative Sentiment Expected to Persist for Now
The EUR/USD continues to face headwinds as bearish sentiment dominates market sentiment. Lingering concerns over Europe’s economic stability, coupled with robust U.S. dollar performance, have put...
Robust US Dollar After Strong Jobs Report Puts Other Currencies Under Pressure
The U.S. dollar strengthened significantly on the back of robust jobs data, leaving other major currencies struggling to keep pace. The latest report revealed better-than-expected payroll growth, reinforcing...
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