US headline CPI eased from 2.7% yoy to 2.4% in January, slightly below expectations of 2.5% and marking the lowest reading since May. Core CPI also moderated, slipping from 2.6% to 2.5%, matching forecasts and reaching its lowest level since early 2021. Over the past 12 months, the energy index fell -0.1%, while food prices…
Daily Pivots: (S1) 152.34; (P) 153.49; (R1) 154.43; More… Intraday bias in USD/JPY stays neutral and outlook is unchanged. While another fall cannot be ruled out, strong support should be seen from 38.2% retracement of 139.87 to 159.44 at 151.96 to bring rebound. On the upside, sustained break of 55 4H EMA (now at 154.70)…
Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing…
Key Highlights USD/JPY trimmed all gains and traded below 155.00. It traded below a key bullish trend line with support at 155.20 on the 4-hour chart. EUR/USD is consolidating above the 1.1840 support. The US CPI could rise by 2.5% in Jan 2026 (YoY). USD/JPY Technical Analysis The US Dollar failed to extend gains above…
Market Overview The Australia foreign exchange market was valued at USD 172.3 Billion in 2025 and is anticipated to reach USD 329.6 Billion by 2034. This growth is supported by a CAGR of 7.25% during the forecast period of 2026-2034. The market’s liquidity is driven by institutional players and retail brokers amid expanding demand for…
Switzerland’s consumer prices slipped -0.1% mom in January, undershooting expectations for a flat reading. The decline was largely driven by a -0.6% drop in imported product prices, while domestic prices edged up 0.1% on the month. Core CPI, which excludes fresh and seasonal products, energy and fuel, rose 0.1%, suggesting limited underlying pressure. On an…
USD/CAD edges higher but remains bearish in the long term. Technical oscillators show early signs of upside appetite while still in negative territory. USD/CAD is extending its three‑day rebound, climbing back above 1.3600 as broad US dollar strength combines with persistent pressure on the Canadian dollar amid ongoing uncertainty and rising unease surrounding US-Canada trade…
Daily Pivots: (S1) 1.6658; (P) 1.6708; (R1) 1.6793; More… Intraday bias in EUR/AUD is turned neutral with current recovery, and some consolidations would be seen above 1.6620. But outlook will stay bearish as long as 1.7060 resistance holds. Break of 1.6620 will extend the whole down trend from 1.8554, and target 138.2% projection of 1.8554…
Offshore CFDs broker Scope Prime has announced that it has integrated MetaQuotes’ new Ultency matching engine into its product offering. Ultency was launched to provide a high performance, ultra-low latency solution for liquidity aggregation and order matching, specifically for brokers running MetaQuote’s popular MT5 platform. Hesham Hasanin, Group Head of Trade Solutions at Scope Prime…
As the chart shows, the Nikkei 225 index (Japan 225 on FXOpen) reached a historic high near 58,500 points on Monday. Bullish sentiment was driven primarily by political developments. According to media reports, the rally followed the decisive victory of the Liberal Democratic Party (LDP) under Sanae Takaichi, who has signalled aggressive fiscal stimulus measures…