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Dollar Holds Narrow Range as Markets Await U.S. Jobs Data and Monitor Global Flashpoints

January 7, 2026 10:28 am
Key Moments The dollar index and related futures traded mostly flat in European hours as investors awaited U.S. labor market data due this week. Geopolitical tensions, including the U.S. incursion in Venezuela and the Japan-China dispute over export restrictions, remained in focus but did not trigger major FX moves. The Australian dollar (AUD/USD) rose to […] Read more

Euro Poised for Further Softness Against Dollar, Says UOB Group

January 7, 2026 9:31 am
Key Moments UOB Group analysts see EUR/USD inclined to drift lower, but not likely to test the key 1.1650 support in the near term. Short-term support levels are highlighted at 1.1680 and 1.1650, with resistance noted at 1.1715 and 1.1730. The downside bias over the next 1-3 weeks remains intact as long as EUR/USD stays […] Read more

Euro-Yen Retreat Deepens as Pair Tests Support Amid Soft Momentum

January 7, 2026 8:20 am
Key Moments EUR/JPY traded around 182.80 in European hours, extending its losing streak to a fourth straight session. The 14-day Relative Strength Index stood at 50.96, signaling muted momentum and a consolidative backdrop. Key resistance was located at the nine-day EMA of 183.44, while initial support was marked by the three-week low at 181.57. Price […] Read more

Sterling Edges Higher as GBP/USD Rebound Gains Technical and Policy Support

January 7, 2026 8:11 am
Key Moments GBP/USD has recovered from the 1.3100 area and is now challenging the 1.3500-1.3520 zone after forming a pattern of higher lows. The pair is holding above rising 15-day and 20-day moving averages, with RSI (14) near 61 and staying above 50 during recent dips. A daily close above 1.3600 would signal a bullish […] Read more

Asian Currencies Hold Narrow Ranges as Markets Await U.S. Jobs Data

January 7, 2026 7:58 am
Key Moments UBS began coverage of Pfizer with a Neutral rating and a $25 price target, citing continued revenue uncertainty. Meanwhile, analysts estimate that $15–20 billion of Pfizer’s annual revenue could be at risk from patent expirations over the next three years. Although UBS views Pfizer’s Metsera obesity deal positively, it says additional transactions will […] Read more

USD/NOK hovers above 1-week low on Fed outlook, improved sentiment

January 6, 2026 3:26 pm
The USD/NOK currency pair hovered above a one-week low of 9.9995 on Tuesday, as the greenback was weighed down by dovish remarks by a key Federal Reserve official, which bolstered investor rate cut optimism. Yesterday Minneapolis Fed President Neel Kashkari said that inflation was slowly cooling, but there was a risk the unemployment rate could […] Read more

EUR/GBP Trades Sideways as Markets Look to German CPI for Direction

January 6, 2026 2:34 pm
Key Moments EUR/GBP trades near 0.8660 on Tuesday, showing little movement as investors await Germany’s preliminary inflation data. The Pound stays underpinned by expectations of a slow, gradual Bank of England easing path following December’s 25 basis-point cut to 3.75%. Euro sentiment remains fragile amid Eurozone growth headwinds, even as a stronger German CPI print […] Read more

Euro Holds Ground Against Franc as PMI Slowdown Shifts Focus to Inflation Data

January 6, 2026 2:26 pm
Key Moments EUR/CHF trades around 0.9289, halting a two-day decline as markets absorb Eurozone PMI releases. Eurozone composite and services PMIs stay in expansion, though readings ease across several major economies. Attention turns to upcoming German, Eurozone, and Swiss inflation data that could influence ECB and SNB policy expectations. EUR/CHF Steadies After Eurozone PMIs The […] Read more

Ethereum Activity Surges to Record Levels as Traders Favor Gold Upside

January 6, 2026 1:34 pm
Key Moments Ethereum’s 7-day moving average of daily transactions hit a record 2.023 million on January 4, according to CryptoQuant. ETH traded at $3,240, up 2.2% in the past 24 hours and 8.9% over seven days, even as network usage reached new highs. Prediction market users currently see gold reaching $5,000 as more likely than […] Read more