Frederica

USD/JPY jumps over 1%, breaking 153.00 and 154.00 resistance levels. Hot US inflation fuels Treasury yield surge, boosting dollar strength. Technical outlook: Bulls eye 155.26, but key support lies at 153.00. The USD/JPY rallied sharply on Wednesday after a hot US inflation report spurred a jump in

Mixed trade in Europe despite sharp declines in Asian. FTSE 100 well positioned despite steel tariffs. Crude on the rise, as markets await inflation report. European trade has kicked off on a relatively indecisive tone, with tariff fears casting a shadow over the bulls for the time being. Trump’s pr

Gold price advances further beyond $2,900 and hits a fresh all-time peak on Tuesday. Trump’s new tariffs and geopolitical risks continue to boost the safe-haven commodity. A modest USD strength prompts some intraday profit-taking around the XAU/USD pair. Gold price (XAU/USD) builds on the previous d

S&P 500 moved in a tight range yesterday, with a mini flash crash late in the session. Recovering back to low 6,100s is the stage set for jubilation following NFPs? Some could argue the job market is slowing down and downward revisions are more of a rule than exception, others such as myself wou

The single European currency is on the threshold of the 1,04 level in the early hours of Friday, awaiting the very critical data on new jobs in the United States later in the afternoon. As the week draws to a close, the European currency has fully absorbed the negative gap from market's opening earl

Federal Reserve's hawkish hold omits specific inflation terms, hinting at rate pause, affecting gold markets. U.S. Treasury yields rise, 10-year note at 4.581%; dollar strengthens to 108.29 on DXY, up 0.22%. Gold traders incur moderate losses, awaiting further details from Fed Chair Powell's press c

Gold prices remain near multi-month highs as traders await the Federal Reserve’s interest rate decision. Despite modest losses during the early European session on Wednesday, the price action remains strong in gold. The ongoing softness in US Treasury bond yields and the US Dollar supports gold, lim

Asia Market Update: AUD declines on softer core inflation readings; RBA rate cut now even more likely in Feb?; Chinese holiday continues; Rate decisions in focus for Wed [including the US Fed]; BOJ Himino to speak on Jan 30th. General trend - Aussie bond yields decline on CPI data; AUD/USD declines