Month: January 2025

USD/JPY has snapped a days-long uptrend and is rapidly approaching a key support zone. Will there be enough buyers at the level to maintain the pair’s even longer-term uptrend? The daily chart…

Investors were biting their nails ahead of the highly-anticipated U.S. CPI release, leading to plenty of market consolidation before big breakouts were seen. Headline inflation came in line with consensus, but the…

Data from the U.S. Bureau of Labor Statistics was a mixed bag, with headline inflation rising more than expected but core inflation showing signs of moderation. Headline CPI climbed 0.4% in December,…

The United Kingdom’s headline inflation rate unexpectedly cooled to 2.5% year-over-year in December 2024, coming in below market expectations of 2.7% and November’s reading of 2.6%. The Office for National Statistics (ONS)…

Every good trader will tell you that keeping a trading journal is as important as the shirt on your back, if not more important. But what some newbies fail to realize is that’s just…

All eyes and ears were on the U.S. PPI release, but volatility remained elevated while major asset classes responded to individual catalysts. Crude oil snapped its three-day winning streak on talks of…

All eyes are on the U.S. December inflation report, which could reshape traders’ interest rate expectations ahead of the Fed’s next meeting. Our Event Guide for the U.S. December CPI highlights…

The British pound has been struggling against the Canadian dollar, dropping from its 2024 highs to a multi-month support zone. Lately, though, GBP/CAD has calmed down from its steep declines. Could this…

Dollar traders seem to be biting their nails ahead of the U.S. CPI release, as a huge miss could revive aggressive Fed rate cut expectations. Our Event Guide for the…