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Monday's correction in the dollar has not run very far at all. That sell-off was premised on Day One not nearly being as aggressive with tariffs as many had feared. Currently, the market’s attention is on two significant upcoming dates, ING’s FX analyst Chris Turner notes. DXY can trade in a 108.00-

The release calendar is quite empty this week. More important data will be published only in Poland, as industrial output and retail sales growth in December are scheduled. That will give a pretty complete and accurate picture of economic development in Poland in the whole of 2024. Other than that,

EUR/USD dips and lands around 1.0285 amid fading upside impetus. RSI edges up, still confined in negative territory and signaling lukewarm buying interest. MACD histogram remains flat with green bars, highlighting a lack of compelling bullish follow-through. The EUR/USD pair struggled to maintain up

Crude oil has been rising steadily since the start of the year, supported by the Biden administration's approval of new military aid for Ukraine and the introduction of additional sanctions on Russia's oil industry. However, this upward move could be reversed when Trump returns to office, as he may

EU mid-market update: Softer UK inflation re-energizes BOE rate cut expectations; US CPI remains main focus for session as major US banks to report; BOJ looks to hike next week. Notes/observations - Markets are bracing for the release of US CPI data, with expectations set for an uptick in headline i

Asia market update: Markets tentative while waiting for US Dec CPI & US mega-banks' earnings; BOJ rate decision anticipation builds on Ueda comments. General trend - Tentative and tepid markets ahead of key US CPI data tonight. However, BOJ Gov Ueda breathed some life into the session while reit

Gold is on the rise, meets familiar resistance area. Technical signals are bullish but not far from overbought levels. US nonfarm payrolls due at 13:30 GMT. Gold is at a key juncture, testing a crucial resistance level just ahead of the NFP data release. It needs to close above the trendline zone of

The Pound Sterling (GBP) plunged more than a cent in response to the Trump tariff headlines, leaving it the worst-performing major currency on the session, Scotiabank’s Chief FX Strategist Shaun Osborne notes. GBP/USD slumps on tariff report“Losses are steadying in the mid/upper 1.23s but scope for

ICE Brent pushed above US$77/bbl yesterday with sentiment still largely supportive following a stronger physical market, ING’s commodity analyst Ewa Manthey and Warren Patterson note. Strength in the market continues in early morning trading“Concerns over Iranian and Russian oil flows will also be p