Author: FX

Consumer confidence in the US improved slightly to start the year, with the University of Michigan’s Consumer Sentiment Index rising to 54 in January’s preliminary reading, from 52.9 in December. This print came in slightly better than the market expectation of 53.5.The Consumer Expectations Index rose to 55 from 54.6 in this period, while the 1-year Consumer Inflation Expectation remained unchanged at 4.2%. Finally, the 5-year Consumer Inflation Expectation edged higher to 3.4% from 3.2%.Market reactionThe US Dollar Index gains traction following this report and trades at its highest level in a month at 99.25, rising 0.4% on the day.…

The distribution of forecasts this time around has the headline number in a range of 19k to 155k. The most bullish end of the range comes from Jefferies, who forecast non-farm payrolls at 155k with private payrolls at 90k. At the same time, the firm also sees the unemployment rate dropping back down to 4.3% in December.So, let’s take a look at their argument as to why they believe the labour market picture is going to turn for the better.”We are expecting what will look like a remarkably strong December employment report, a reversal of the rising unemployment trend and…

EUR/USD remains depressed near monthly lows of 1.1640 at the time of writing, on track to a 0.6% depreciation this week. The market has shrugged off the stronger-than-expected Eurozone Retail sales figures, as the US Dollar (USD) remains buoyed in cautious markets, with all eyes on US Nonfarm Payroll (NFP) figures and the ruling on US President Donald Trump’s tariff policies.Eurozone retail consumption grew 0.2% in November, according to data released by Eurostat, following a flat performance in October and beating market expectations of a 0.1% increase. ear on year, Retail Sales jumped 2.3% beyond the market consensus of 1.6% and…

Russian drone attack on Kyiv kills four, triggers fires Source link

Volume indicators track how much trading activity happens during a specific time period. They show up as bars or lines on a chart, giving traders a visual representation of market participation. When volume is high, it means lots of traders are buying or selling, which usually confirms that a price move is legit. Low volume, on the other hand, suggests weak interest and warns that a trend might be running out of steam. For MT5 users, these indicators work automatically once installed, updating in real-time as the market moves throughout the day. Why Traders Love Using Them on MT5 The…

Welcome to the first NFP Friday of the year! If you’re hunting for more USD-related setups, you may want to keep USD/JPY on your radar as it has been grinding higher this week and is now closing in on a major resistance area. Does USD/JPY run into trouble here, or are we looking at an upside breakout starting to take shape? USD/JPY 4-hour Forex Chart by TradingView The U.S. dollar has been sneaking in pips against most major currencies as traders shrug off spotty U.S. economic reports and instead lean into Uncle Sam’s relative strength. Meanwhile, the Japanese yen is…

Gold prices fell in Pakistan on Friday, according to data compiled by FXStreet.The price for Gold stood at 40,665.54 Pakistani Rupees (PKR) per gram, down compared with the PKR 40,774.89 it cost on Thursday.The price for Gold decreased to PKR 474,314.90 per tola from PKR 475,590.40 per tola a day earlier.Unit measureGold Price in PKR1 Gram40,665.5410 Grams406,655.40Tola474,314.90Troy Ounce1,264,845.00FXStreet calculates Gold prices in Pakistan by adapting international prices (USD/PKR) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates could diverge…

China’s consumer prices accelerated to their fastest pace in nearly three years in December while producer prices remained mired in deflation for a 40th consecutive month, reinforcing expectations for additional policy support. Headline CPI rose 0.8% year-on-year versus the previous 0.7% gain as expected while the PPI slipped 1.9% year-on-year, better than the expected 2.0% decline and the earlier 2.2% slump. Key Points CPI rose 0.8% year-on-year in December, the strongest increase since February 2023 Monthly CPI climbed 0.2%, beating forecasts of 0.1% PPI fell 1.9% year-on-year, easing from November’s 2.2% decline but extending the deflationary streak beyond three years…

EUR/CHF made a couple of failed attempts to break below the .9280 area and is now completing a double bottom pattern. Can it break above the neckline next? Or will it see another dip back to the lows? Better keep your eyes on this resistance zone currently being tested! EUR/CHF 4-hour Forex Chart by TradingView After staging a steady decline during the last couple of weeks of 2025, EUR/CHF appears to be stabilizing above the .9280 support zone to form a classic reversal chart pattern. Net positive data from the eurozone seem to be propping the shared currency higher so…

Just a post noting this data release.I’ll be back with detail in a separate post.China December 2025:CPI 0.8% y/yexpected 0.9%, prior 0.7%+0.2% m/m vs. expected 0%, prior -0.1%PPI -1.9% y/yexpected -2.0%, prior -2.2%+0.2% m/m This article was written by Eamonn Sheridan at investinglive.com. Source link