The global market remains cautious as investors await key economic data and central bank decisions. The euro and pound face uncertainties, while the Aussie and yen show resilience. Technical analysis suggests potential breakouts in both EUR/USD and GBP/USD.

The market is reassessing its views on the Fed’s future rate cuts, with expectations shifting towards later in the year. The ECB is likely to follow the Fed’s lead in easing monetary policy, but not before June. Inflation remains a concern, and a new supply shock in the Middle East could push US inflation higher.

Next week’s economic calendar is packed with important events that could impact global markets, particularly the US dollar, euro, and Japanese yen. Here’s a simplified overview:

Global currency markets remain volatile as investors grapple with economic data and central bank policy decisions. The euro and US dollar are gaining strength, while the Australian dollar and Japanese yen are under pressure.

The major currencies are seeing limited movement on Monday with investors awaiting key economic data releases this week. The focus is on central bank policies and interest rate forecasts in major economies. Inflation data and economic activity indicators will also be closely watched. The euro and pound are holding their ground despite mixed economic signals and ongoing speculation about rate cuts. Gold is showing positive momentum and could potentially break […]

Markets are buzzing with anticipation for the Fed’s easing cycle starting in March, fueled by recent data and dovish sentiment. Here’s a quick glimpse at what’s on tap this week:

Global data deluge meets Davos diplomacy: Investors watch for hints on Fed, growth, and dollar path. Important releases from Germany, UK, Canada, China, Australia, and US to add to the mix.

Bank of England’s Bailey in Spotlight: Will He Squash Market Hopes for Early Rate Cuts? Dollar Rules as Fed Hawks Turn Dovish Bets Cold. Aussie Back from the Brink, Shines Amid Cooling CPI. BoJ Holds Steady, Weak Wages Keep Yen Under Pressure

The market is cautious and looking for direction after a volatile start to the year. Key data releases this week, particularly inflation reports, will likely influence future trends.

The strong US dollar rally has started to fade after the December jobs report, with most major currencies showing signs of recovery. The focus remains on the Fed’s next move and potential policy shifts in other central banks.