Author: FX

Japanese Household Spending January 2026-2.5% m/mexpected +0.8%, prior -2.9%-1.0% y/yexpected +2.5%, prior -2.6% This article was written by Eamonn Sheridan at investinglive.com. Source link

NZD/USD rose about 0.6% on Monday, closing near 0.5950 after knocking on 0.5850 in the early session. The pair found support near the 200-day Exponential Moving Average (EMA) before recovering to close above the 50-day EMA, producing a candle with a long lower wick, suggesting buyers are defending the 0.5850 to 0.5900 zone. Since peaking near 0.6090 in early February, the pair has been grinding lower, forming lower highs while holding above the 0.5850 area.Monday’s better-than-expected Chinese Consumer Price Index (CPI) data (1.3% YoY versus 0.8% consensus) provided a lift across antipodean currencies, though the Strait of Hormuz crisis continues…

Markets whipsawed through a dramatic Monday session as oil prices first surged above $100 per barrel on escalating Middle East conflict fears before crashing more than 20% after President Trump signaled the Iran war could conclude sooner than expected. The wild intraday reversal sent equities from deep losses to modest gains while the U.S. dollar traded mixed against major currencies despite sustained safe-haven demand throughout Asian and early European hours. Check out the forex news and economic updates you may have missed in the latest trading session! Forex News Headlines & Data: China CPI Growth Rate for February 2026: 1.0%…

The AUDUSD moved lower earlier in the session, extending toward support before buyers stepped in and pushed the pair back higher. The bounce has helped stabilize price action after the earlier downside pressure, but the broader technical picture still leaves the pair battling between key levels.On the downside, the pair tested support near [insert swing area or key level], where buyers leaned and helped slow the decline. That area remains an important floor in the short term. Holding above it keeps the buyers in the game and prevents the sellers from gaining stronger downside momentum.To the upside, the price has…

Australia printed another upbeat data point as the headline growth figure for Q4 2025 came in at 0.8% versus the 0.4% consensus. However, underlying GDP metrics painted a more concerning picture of spending and inventory buildup, triggering bearish AUD setups amid a complex market environment with tense geopolitical developments. Let’s see how it all played out! Watchlists are price outlook & strategy discussions supported by both fundamental & technical analysis, a crucial step towards creating a high-quality discretionary trade idea before working on a risk & trade management plan. If you’d like to follow our “Watchlist” picks right when they…

ING’s Frantisek Taborsky argues that Central and Eastern European markets remain highly exposed to the US–Iran conflict and rising Oil prices. While local data from Hungary, Turkey and Poland are due, he expects geopolitics to dominate. After Friday’s sharp rates sell-off, he sees renewed pressure on regional FX, especially EUR/HUF, where long HUF positioning is being unwound.Geopolitics and energy risks hit CEE assets”On Tuesday, Hungary will release its February inflation, which is expected to fall to this year’s lows of 1.5% YoY, below both market and National Bank of Hungary expectations. Of course, this is old news after the start…

The USD is marginally lower against the CAD today, while the greenback is generally higher against most other major currencies.Earlier in the session, the USDCAD bottomed during the late European morning, reaching a low of 1.35242. That move tested a modest support zone between 1.35219 and 1.35316, where buyers stepped in and pushed the price higher.The subsequent rebound took the pair up toward the 200-bar moving average on the 5-minute chart (green line on the chart below). Importantly, the price has now tested that falling 200-bar MA twice, and on both occasions sellers have leaned against the level, limiting the…

US index futures are attempting to repair early weekly damage in the London session, but the broader backdrop remains fragile as last week’s sell-off and Middle East-driven oil risk keep downside pressure in focus.MacroStructure Index Futures Desk report — March 9, 2026Markets covered: Dow Futures (YM), S&P 500 Futures (ES), Nasdaq Futures (NQ)Method: Structure-first map using Market Profile/TPO, Volume Profile, and MacroStructure decision zones.Opening dashboardIndex futures are trading in recovery mode through the London mid-session after early weekly damage established during Asia trade. The broader backdrop, however, has not changed. This remains a market operating under continuation pressure from last…

Trump again presses Congress on voter bill, says he will not sign other legislation Source link

Prior -1.9%; revised to -1.0%The drag here also comes after a more positive revision to the December numbers, so keep that in mind. Still, German industrial output was much weaker in January amid a steeper drop in production in the manufacture of metal products (-12.4%). Looking at the breakdown, the production of consumer goods fell by 4.2%, the production of intermediate goods by 2.6%, and the production of capital goods by 1.6%.The year-on-year reading shows overall German industrial production dropping by 2.6% after adjusting for calendar effects. Source link