Eurozone Retail Data Could Tank EUR/JPY to 168 - Here's Why Traders Are Panicking
EUR/JPY is at 170.70, down from recent highs as the BoJ hints at interest rate hikes, boosting the Yen's strength. Eurozone retail sales data will be crucial; disappointing numbers could drop EUR/JPY to 168.10. Traders should watch the 170.50 level closely, as breaking it may lead to increased volatility in the currency pair.
Billionaire Ray Dalio reveals why the dollar's 7.62% drop signals gold's comeback
Ray Dalio warns that the U.S. dollar is facing significant challenges, urging a return to gold as a stable alternative amid rising national debt and currency devaluation. As the dollar declines, gold investment is surging, with the strongest demand since 2013, signaling a shift in investor confidence towards assets with historical reliability. Traders should closely monitor fiscal policies and economic indicators, as the dollar's instability may lead to a resurgence in gold's relevance in financial markets.
Fed traders betting 92.1% on September rate cut - here's what it means for your currency plays
The Federal Reserve is highly likely to cut rates in September, impacting currency markets significantly. Canada faces economic challenges with increased tariffs from Trump, affecting the Loonie's value. EUR/USD's earlier optimism has faded due to trade tensions and potential Fed cuts, making it a precarious situation for investors.
Fed officials just quit while jobs data tanks - here's what traders need to know
US Dollar struggles as July's jobs report falls short, sparking concerns over rate cuts. Canadian dollar faces pressure from both a weak USD and falling oil prices due to OPEC+'s production increase. Upcoming US ISM Services PMI report will be pivotal in determining Fed's rate cut decisions and market direction.
Fed traders betting 80% on September rate cut after jobs report missed by 37,000
U.S. job growth significantly missed expectations in July, adding only 73,000 jobs instead of the anticipated 110,000, while previous months' numbers were revised downward by over 250,000 jobs. The negative jobs report triggered a nearly 2% drop in the Dow Jones and raised the likelihood of a Federal Reserve rate cut to 80%, prompting traders to reassess their economic outlook. The U.S. dollar weakened against the yen, reflecting market reactions to the dismal economic data, as investors brace for upcoming reports that could further influence monetary policy.
Trader reveals why DXY at 100.14 could make or break your August portfolio
The US Dollar Index has reached a nine-week high at 100.14 but faces uncertainty due to new tariffs and inflation data. Core PCE inflation at 2.6% has delayed Fed rate cut expectations, strengthening the dollar for now. The upcoming Nonfarm Payrolls report could dictate the dollar's direction, as strong job growth may push it higher while disappointing figures could lead to a drop.
Swiss Franc breaks 6-day losing streak as $15.3 billion SNB loss sparks safe-haven demand
The Swiss National Bank's $15.3 billion loss unexpectedly boosts the Swiss Franc's appeal as trade tensions rise. Gold prices are rallying as the US Dollar weakens, with every tariff threat fueling investor interest in the precious metal. Traders should closely monitor upcoming US economic reports, as shifts could dramatically impact both the dollar and gold prices.
Trader who predicted Fed's July freeze reveals why Germany's 2% inflation matters for your EUR/USD positions
Germany's inflation defied expectations, holding steady at 2% while the Harmonized Index fell to 1.8%, leading to confusion in economic forecasts. The European Central Bank is hesitant to cut rates, maintaining a cautious stance as traders closely watch inflation data for potential currency movements. The Federal Reserve remains steady on rates amid mixed signals, emphasizing the importance of patience in trading strategies as both central banks navigate economic uncertainties.
EUR/USD Crashes Below 1.15 - Fed Chair's Hawkish Stance Hammers Euro 2.71%
EUR/USD plummeted below 1.1500 as Jerome Powell's 'higher for longer' commentary on interest rates dampened European traders' spirits. The US economy outperformed with a 3.0% GDP growth for Q2 2025, while the Eurozone lagged at just 1.4%, emphasizing a stark economic divide. Traders should watch upcoming US data for its potential impact on the dollar and the Euro's chances of recovery as they navigate this complex trading landscape.
This gold level at $3,324 could trigger massive Fed moves - here's why
Gold is currently priced at $3,324.46 per ounce, awaiting the Fed's interest rate decision but focusing more on potential future cuts. If the Fed signals lower rates, gold could surge past $3,350, while the Canadian Dollar struggles amid declining oil prices and uncertainty about the Bank of Canada's decisions. Today's central bank announcements are critical in determining gold's strength and the CAD's fate, so traders should closely monitor economic indicators for clues.
Bank of Korea's $42 billion stablecoin team just triggered a 30% market surge
The Bank of Korea has launched a Virtual Asset Team to oversee a $42 billion stablecoin project as South Korean banks opt to create their own stablecoins. Investors are experiencing a surge in fintech stocks due to the optimism around stablecoins, but retail borrowing has ballooned to $15 billion, raising concerns about potential market corrections. The BOK is navigating the challenge of regulating digital currency while encouraging innovation, making South Korea a pivotal player in the future of stablecoin integration.
Fed Chair reveals why he's keeping rates frozen - traders betting 60% chance of September cut
The Federal Reserve is likely to keep interest rates unchanged, continuing their cautious 'wait and see' approach. The EUR/USD pair slightly recovers, while traders anticipate Eurozone GDP reports that could impact the euro's strength against the dollar. Today's Fed meeting is crucial for market sentiment and could lead to significant currency market movements, making it an opportunity for savvy investors.
Singapore's Central Bank Holds Steady While 4.3% GDP Growth Defies Tariff Doom
Singapore's GDP growth surprises at 4.3%, but uncertainty looms with potential US tariffs on key exports. The Monetary Authority of Singapore maintains exchange rate settings amidst concerns about global trade tensions. Core inflation remains low, giving room for the MAS to prioritize growth while navigating a potentially choppy financial landscape.
Suntory CEO demands BOJ rate hikes as yen crashes - what this means for your wallet
Suntory CEO Takeshi Niinami urges Japan's central bank to raise interest rates to combat the falling yen and rising import costs. With inflation at 3.3% and food prices up 8.2%, the Bank of Japan faces pressure to act, but most economists expect them to maintain their low rate policy. Ignoring the issue is becoming the riskiest option as the economic landscape complicates further, affecting both households and international markets.
Trader reveals why EUR/USD's 1% plunge could signal more dollar dominance ahead
EUR/USD drops over 1% to 1.1590 after the U.S. and EU trade deal, with 15% tariffs still weighing heavily. The Fed is expected to keep interest rates steady at 4.25%-4.50%, with economic data on inflation and jobs being crucial for future rate cuts. The Canadian dollar faces pressure from looming trade negotiations, while the GBP/USD struggles amid ongoing U.S.-UK trade talks.
Dollar Index hits 99.00 after 15% EU tariffs - here's what gold traders need to know
The Dollar Index surges past 99.00 after a U.S.-EU trade deal imposes 15% tariffs on European goods, overshadowing other currencies. Gold faces challenges as dollar strength returns, with analysts expecting the Fed to maintain steady rates, impacting safe-haven strategies. Upcoming economic data and trade negotiations could determine whether the dollar's rise is sustainable or if gold will regain its appeal amidst uncertainty.
Gold trader shocked: USD's 1.7% spike breaks every rule he learned
Gold experienced an unexpected surge to $3,350 while the dollar made a surprising recovery, challenging traditional market correlations. Despite military tensions typically driving gold prices, the metal struggles to act as a safe haven as the dollar strengthens amid tariff speculation. Traders need to adapt to the evolving market dynamics where old rules no longer apply, as cryptocurrencies begin to attract interest amidst this chaos.
CFI Financial's $1.5 trillion Q2 surge reveals retail traders' secret weapon
Retail traders saw a staggering $1.5 trillion in trading volume in Q2 2025, driven by market volatility from Trump-era tariff policies. Active trading accounts surged 22%, with retail investors set to inject another $360 billion into U.S. equities this year. Despite the current trading boom, macroeconomic risks and potential regulatory changes could dampen this retail trading party.
Trader reveals how 15% tariff deal just saved your portfolio from 30% disaster
The US and EU trade deal defused tariff fears with a gentler 15% tariff instead of the expected 30%. Oil prices rallied as the deal brought energy export guarantees, promoting market stability. The euro celebrates post-deal gains while the British pound struggles under domestic pressures and potential rate cuts.
Fintech CEOs are making chess moves that could multiply your trading profits
Fintech companies are aggressively shuffling executives to strengthen their leadership, with significant hires signaling major expansion plans and competitive moves in the market. SmartTrade's recruitment of Christophe Montane and TradeLocker's Dom Bradley highlights a focus on growth and improving trading technologies. Investors should pay attention to these strategic executive appointments, as they indicate which platforms are positioning themselves for future market dominance.
Dollar at 97.00 support - trader reveals what Fed's next move means for your trades
The US Dollar is holding steady at the 97.00 level, defying expectations amidst Fed uncertainty and trade tensions. President Trump's intervention with the Fed complicates rate cut prospects, while the August 1st tariff deadline looms. Traders should watch the 97.00 support level closely; staying above it could present buying opportunities amidst ongoing volatility.
Treasury teams losing $100 billion annually - CFOs reveal why FX integration saves millions
US companies lose $100 billion annually from ignoring foreign exchange risk management, equating to the GDP of Slovakia. Automating FX processes is crucial for businesses to avoid costly mistakes and enhance strategic thinking. Proactive FX risk management is now essential for survival; companies must integrate it into operations to thrive amidst uncertainty.
Aussie Dollar hits 8-month high at $0.6617 - trader reveals why China talks matter
Australian Dollar hits an eight-month high at $0.6617, while the US Dollar Index struggles at 97.10 amid uncertain US-China trade talks. Strong economic data from Australia, including a Judo Bank PMI of 53.6, supports the bullish trend for the AUD/USD pair. Consider maintaining a long position in AUD/USD, but stay alert to US-China negotiations and upcoming US PMI data that could shift market dynamics.
Bond trader who spotted 7 basis point drop reveals why Eurozone yields are plummeting
German 10-year yields dropped significantly, raising eyebrows among analysts amid thin summer trading conditions as traders prepare for the crucial August 1 trade deal deadline with the U.S. The European Central Bank is expected to hold rates steady, but murmurs of easing could lure more investments into Eurozone bonds. In the UK, rising inflation tempers anticipation of a planned rate cut by the Bank of England, as Goldman Sachs highlights the growing fiscal risks impacting the Pound.
Trader warns: EUR/USD drops to 1.1650 as Trump's 30% tariff threat looms
EUR/USD is currently at 1.1650 amid renewed tariff threats from Trump, spooking traders with potential volatility ahead of August 1st. The ECB is holding steady with no interest rate changes expected, while economic sentiment remains mixed, hinting at underlying instability. Key technical levels for EUR/USD suggest a potential decline if it breaks below 1.1590, while a rise above 1.1686 could indicate recovery.
Fed officials hint at rate cuts while AUD/USD breaks 0.6500 barrier
The Australian Dollar surged past 0.6500 against the US Dollar after dovish comments from Federal Reserve officials hinted at potential interest rate cuts. Despite the bullish momentum, Australia's rising unemployment and cooling inflation pose risks for the AUD's future strength. Traders should remain cautious, with key resistance levels to watch and stop-losses in place to navigate potential market volatility.
Exness CEO just pulled out of India's $40M market - here's why
Exness halts new registrations from India, despite the country accounting for 30% of its global traffic, due to regulatory concerns. The Reserve Bank of India's warning list and a challenging legal environment for CFDs leave Exness in a compliance bind. Existing Indian clients are being moved to a Vanuatu unit, while the broker may consider rebranding to navigate regulatory challenges.
Fed Chair Powell's job hangs by 2.3% PPI thread - traders betting 80% on August rate cut
The Producer Price Index dropped to 2.3%, prompting traders to bet on a potential August rate cut from the Fed. The British pound is thriving at 1.3454 due to soft PPI data, while the Aussie dollar struggles near 0.6500 amidst weak economic indicators. Upcoming US retail sales and Australian employment data will be crucial for currency direction, with GBP/USD favored over AUD/USD.
Trump eyes Powell's exit - dollar drops 0.7% as traders brace for chaos
Political pressure on Jerome Powell sent the dollar down 0.7% and Treasury yields up to 5.06%, signaling market unease over Fed independence. Firing Powell could trigger a significant dollar sell-off, raising concerns about the global currency's stability amidst growing economic challenges. Investors are turning to gold and alternative assets as dollar weakness prevails, with upcoming PCE data crucial for guiding the Fed's next moves.
Swiss Franc trader reveals why EUR/CHF at 0.9300 signals bigger drop ahead
EUR/CHF is facing downward pressure, trading around 0.9300, with a descending triangle pattern indicating potential drops to 0.9280 and 0.9224 if the 0.9293 support breaks. The Euro's decline is compounded by the US Dollar's strength amidst geopolitical tensions, with the market favoring bullish trends for the Dollar. Traders should look for bearish positions if EUR/CHF falls below 0.9293, while a rise above 0.9328 may signal a Euro comeback.
Brazil's IOF Tax Hike Stalls - Here's What Traders Need to Know
Brazil's proposed IOF tax increase has led to a political deadlock between the executive, Congress, and the Supreme Court, threatening funding for social programs. The U.S. Fed's cautious approach to monetary policy amid inflation concerns complicates efforts for financial inclusion and impacts international trade dynamics. Investors should diversify and hedge against market volatility as Brazil's tax policy and Fed decisions will significantly influence the investment landscape in 2025.
UBS analysts reveal why H Shares could outperform A Shares by 21% - here's their playbook
UBS suggests H Shares may outperform A Shares as the weakening US dollar attracts foreign investment into Hong Kong stocks. Record southbound fund buying indicates a shift toward emerging markets, but A Shares may lag without significant offshore funding. With potential US tariff hikes and ECB rate cuts, investors need to strategically position in H Shares while navigating currency and tariff challenges.
Trader reveals why EUR/USD crashed below 1.1700 while USD soared 227,000 jobs
The dollar surged after U.S. jobless claims fell to 227,000, prompting traders to rapidly adjust their positions. The Eurozone faces economic uncertainty with rising unemployment and the ECB's cautious monetary policy amid trade tensions. For traders, keeping an eye on economic indicators is crucial as the dollar strengthens, especially with upcoming U.S.-EU trade negotiations.
Sydney Broker's 2-Microsecond Trade Execution Could Transform Your Trading Speed
Axi has launched its ultra-fast AxiPrime trading service, capable of executing trades in just two microseconds, marking a significant upgrade for institutional traders. With the ability to process up to 500,000 orders per second, AxiPrime aims to compete aggressively against major brokers, catering especially to high-frequency and algorithmic traders. If AxiPrime delivers on its performance promises, it could revolutionize the trading landscape and push competitors to enhance their offerings or risk losing clients.
China's 0.1% inflation turns $7.18 yuan - trader reveals what this means
China's inflation rose 0.1% in June, ending a three-month deflation streak, but the offshore yuan slid to 7.18 per dollar amid ongoing economic troubles. As weak inflation and property sector instability weigh down the yuan, traders may find short positions tempting, but caution is advised. New Zealand's Reserve Bank paused interest rates at 3.25%, with the Kiwi dollar's fate tied to external pressures and China's economic struggles.
This Currency Pair Just Hit 0.7980 - Swiss Franc Traders Reveal Why
The USD/CHF is struggling near 0.7980 due to heightened market anxiety from Trump's tariff threats, keeping traders on edge. The Federal Reserve's commitment to high interest rates clashes with tariff fears, complicating the dollar's strength. Upcoming FOMC meeting minutes and new U.S. tariffs on August 1st are pivotal for both currencies, making volatility a key concern for traders.
RBA Governor keeps rates at 3.60% - here's what traders missed
The RBA surprised markets by keeping rates unchanged at 3.60%, prompting traders to second-guess their positions. With conflicting opinions within the RBA board, the Australian dollar faces resistance at 0.6550, while traders await upcoming inflation data to gauge future rate cuts. Market dynamics are shifting as the US economy shows strength, making it crucial for the AUD to prove itself against the US dollar.
Trump's 25% tariff threat just crashed Toyota 4.1% - here's what traders are buying instead
Trump's 25% tariffs on Japanese and South Korean imports have triggered a significant market reaction, causing U.S. stocks to drop and the dollar to strengthen. The administration's offer of 0% tariffs for domestic manufacturing is complicated by operational costs and market considerations. Investors are advised to hedge against tariff-sensitive sectors and diversify into energy and domestic services as market volatility continues.
ECB President reveals Euro's secret weapon to topple dollar dominance
Christine Lagarde's 'global euro' moment suggests Europe's potential rise against a weakening dollar, but achieving currency dominance requires more than just ambition. Europe is actively signing trade deals to boost the Euro's global presence, yet internal fiscal disunity and slow growth pose major challenges. Investors should diversify and monitor ECB policy shifts, as the Euro's ascent to reserve currency status hinges on real economic progress and stability.
Philippines' top banker warns: These 4 risks could sink your investments
The Philippine financial sector is recognizing complex challenges and is proactively addressing potential risks to maintain stability. FSCC plans to enhance deposit insurance reforms and draw lessons from other nations to ensure a robust financial framework amid market volatility. With fintech innovations rising, regulators aim to adapt swiftly while preparing for an unpredictable future in global markets.
Stop buying GBP at $1.36 - trader explains why Sterling faces 25% crash
The British Pound just dipped to $1.3601 as markets brace for looming US tariff announcements on July 9th, with the UK at risk despite past agreements. UK house prices are stagnating and fiscal policy is under scrutiny, raising concerns about the government's economic direction. As the Bank of England hints at potential interest rate cuts, the Pound's attractiveness wanes, making traders watch the $1.3500 support level closely.
PBOC Survey Reveals Dollar's 11% Crash Could Send Yuan Soaring - Here's What Traders Are Doing
The dollar has seen its worst first half since 1973, dropping 11%, while China's yuan gained 1.3% as the People's Bank of China surveys the implications of a stronger currency amid dollar weakness. China's Central Bank is positioning the yuan to be more competitive, eyeing a multipolar monetary system as the dollar's dominance faces challenges from U.S. economic policies. Traders are advised to consider long positions on yuan-dollar pairs, capitalizing on the dollar's decline and the yuan's stability amid uncertain geopolitical dynamics.
BRICS nations controlling 40% of global GDP just made this bold move
The BRICS summit in Rio highlighted the group's growing influence, representing over half the world's population and 40% of global GDP, while pushing for major reforms in global governance. China's absence at the summit signals potential internal challenges for BRICS, despite their ability to agree on key issues like UN representation. Investors should monitor how BRICS' initiatives could reshape global trade dynamics, particularly in commodity pricing and currency agreements, as the economic focus shifts away from traditional powers.
This Currency Just Hit 0.6550 - Here's What Smart Traders Are Doing Instead
The Australian dollar is sliding to 0.6550 against the U.S. dollar, with anticipated rate cuts from the RBA expected to worsen its attractiveness to investors. Trade tensions and potential U.S. tariffs on China, Australia's biggest trading partner, threaten to negatively impact Australia's export-driven economy. Traders are eyeing a potential drop below 0.6500 for the AUD/USD, while some contrarians may look for a buying opportunity if economic conditions improve.
40% of global GDP holders just met - here's why your portfolio should care
BRICS is stepping up as a powerful collective, aiming to reduce reliance on the dollar and explore alternative trade methods, especially in the face of U.S. tariffs. With new members like Egypt and Iran, BRICS is expanding its influence, but internal disagreements pose challenges for unified geopolitical action. Investors should keep a close watch on BRICS' moves; success could reshape global economic strategies, impacting currency markets and commodity prices.
Vietnam's 7.96% GDP surge caught traders off guard - here's why
Vietnam's Q2 2023 GDP surged by 7.96%, fueled by an 18% boost in exports, creating a surprising trade surplus. The reduction of a proposed 46% tariff to 20% on Vietnamese imports has been a game changer for local businesses, enhancing export opportunities. While the stock market rallies, currency depreciation is raising import costs, forcing companies to navigate complex trade dynamics carefully.
Scottish traders watch GBP/JPY plunge 2% as Trump's July 9 tariff deadline looms
Scotland's economy is growing at a sluggish 0.8% this year, impacted by Trump's tariff policies and rising costs. Prime Minister Starmer's diplomatic ties with Trump are stirring internal tensions within the Labour Party amidst stagnant GDP growth. With GBP/JPY facing downward pressure due to trade uncertainties, traders are advised to remain cautious as the July 9 deadline approaches.
Trader reveals why 25% international stocks beats your S&P 500 obsession
The dollar is falling, making international stocks appealing as they offer better value and diversification opportunities. Despite US and international stocks still showing correlation, diversifying your portfolio can protect against local market downturns. Wealthy investors are shifting focus from traditional bonds to equities and alternative investments, emphasizing the importance of liquidity and smart risk management.
Trader who called March 2023 crash reveals why today's 111,000 jobs report could trigger Fed rate cuts
The job market just lost 33,000 jobs in May, raising concerns ahead of today's Non-Farm Payroll report that forecasts modest growth and higher unemployment rates. A weak NFP report could lead to a drop in the dollar as rate cut expectations increase, while GBP/USD faces crucial support levels amidst ongoing UK economic struggles. Trade tensions with Vietnam also add complexity to inflation concerns, making the Fed's decisions more nuanced as they navigate these economic challenges.
Trader who called AUD/USD's 0.6600 resistance explains why Friday's jobs report changes everything
The Australian dollar is cautious at 0.6584 ahead of the US jobs report, which is expected to show 110,000 new jobs and a rise in unemployment to 4.3%. Australia's May trade balance predicts a 5.09 billion AUD surplus, slightly down from April, heavily influenced by China's economic sentiment. Traders are largely short on the Aussie, but the currency could either break the 0.6600 ceiling or retreat depending on today's job data results.
Trader reveals why USD/INR at 85.75 could make or break your portfolio
The USD/INR is trading at 85.75, influenced by strong US job data and uncertainty in US-India trade negotiations. Fed Chair Powell's wait for July's job numbers could dictate future USD movements, while rising oil prices put pressure on the INR. Currency traders should watch the July 3 jobs report and ongoing trade talks to gauge the Rupee's prospects against the dollar.
UOB's $2 billion dividend just made these Singapore traders very happy
Singapore's Straits Times Index hits a record high of 3,949.65 points, boosted by strong bank earnings and government support measures. United Overseas Bank announces a 9% quarterly profit jump and a $2 billion special dividend, attracting analyst upgrades for Singapore stocks. Watch out for UOB and DFI Retail Group as promising investment opportunities amidst regional market volatility from Indonesia.
Gold hits $3,340 as dollar crashes 11% - here's what traders need to know
Gold is soaring to $3,340 an ounce as the dollar faces its worst year since 1973, driven by Trump's $4.5 trillion tax cuts and rising geopolitical tensions. With the dollar dropping nearly 11% in six months, investors are flocking to gold as a safe haven amidst uncertainty. Watch for gold to remain between $3,100 and $3,500 this quarter; strong job numbers could halt its rally, while weak data could push it higher.
Trader reveals why GBP/JPY at 197.70 could make or break your summer portfolio
GBP/JPY is currently at 197.70, with the UK's strong GDP masking a growing current account deficit, while Japan's weak manufacturing keeps the yen attractive during global uncertainty. The Bank of England may hold rates steady, but traders anticipate cuts, whereas the Bank of Japan faces challenges in reaching its inflation target. Key technical levels for GBP/JPY indicate a potential rally above 199.00 or a drop towards 194.00, with market timing crucial for traders.
Trader reveals why NZD/USD at 0.6045 signals 'sell now' despite recent gains
NZD/USD is currently at 0.6045, with traders anxious as it forms a rising wedge pattern, signaling potential downturns ahead. If the crucial support level at 0.6000 breaks, expect a slide toward 0.5950 or even 0.5850; bulls need a break above 0.6089 for optimism. With the US Dollar holding strong and economic data on the horizon, risk management is essential for traders navigating this volatile environment.
Trump Cancels Canada Trade Talks - Traders Watch CAD Drop 87 Pips
Canada's digital services tax on U.S. tech giants triggered a diplomatic fallout, leading to cancelled trade talks and a spike in the USD/CAD exchange rate. The Canadian dollar is suffering as trade tensions escalate, with potential U.S. tariffs looming over it. Volatility is expected in the currency markets as both countries engage in an economic standoff, putting the loonie in a precarious position.
Trader reveals why EUR/GBP hit 0.8530 while USD dropped 10%
EUR/GBP climbs near 0.8530 as traders anticipate U.S.-Eurozone trade negotiations. U.S. inflation data and a weakening dollar put pressure on the greenback, while the euro gains strength amid positive Eurozone inflation. The GBP faces rising unemployment concerns, with potential Bank of England rate cuts on the horizon, making upcoming macroeconomic events crucial for traders.
Trader who called USD's 10% drop reveals what today's PCE data means
The dollar has dropped nearly 10% since January, and today's PCE inflation data could significantly impact its trajectory. With core PCE inflation predictions rising, traders are adjusting their Fed rate cut expectations, making the dollar's situation precarious. Keep an eye on oil prices for USD/CAD and technical levels for GBP/USD, as today's data can reshape trading strategies and sentiment.
BOJ Governor reveals why 3.1% inflation won't trigger rate hikes yet
Japan's rice prices have skyrocketed by 89%, fueling concerns over the central bank's 0.5% interest rate policy amid persistent inflation. Despite a slight dip in Tokyo's Core CPI, inflation remains well above the BOJ's target, creating a challenging landscape for monetary policy. The yen's volatility reflects uncertainty in the market as traders watch for signs of rate hikes against the backdrop of global tensions.
Fed Chair called 'terrible' as dollar plunges 10% - here's what traders should do
The U.S. dollar is down nearly 10% this year, its worst performance since 2003, partly due to political instability and threats from President Trump against Fed Chair Jerome Powell. About 70% of central bank reserve managers are now avoiding U.S. assets, questioning the dollar's status as a global reserve currency amidst growing economic concerns. Traders are repositioning away from the dollar, looking to the euro or Swiss franc as safer bets as recession fears rise and geopolitical tensions ease.