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Sterling Slips as Dovish BoE Tone Weighs on Currency Performance

January 9, 2026 3:12 pm
Key Moments GBP is down 0.2%, lagging most G10 peers as North American trading opens Friday. External factors have driven recent GBP moves, but domestic data and BoE MPC comments will regain focus next week. Strategists expect GBP/USD to trade in a near-term range of 1.3380 to 1.3480. Key technical levels sit at the 200-day […] Read more

USD/CAD Hovers Below 1.3900 as Canadian Dollar Falters to Start 2026

January 9, 2026 1:43 pm
Key Moments USD/CAD trades just under 1.3900, sitting near a one-month high as the Canadian Dollar comes under pressure. Markets anticipate a -2.5k decline in Canadian employment in December, following three consecutive months of robust job gains. Analysts note the Bank of Canada has finished its easing cycle, with swaps indicating 70% odds of a […] Read more

USD/SEK holds near 2-week high, US labor data ahead

January 9, 2026 11:47 am
The USD/SEK currency pair was holding near recent high of 9.2564, its strongest level since December 22nd, as investors braced for the key US Non-Farm Payrolls report, which may provide fresh clues on the Fed’s monetary policy path. Employers in all sectors of the US economy, excluding farming, probably added 60,000 job positions in December, […] Read more

USD/NOK holds near 2 1/2-week high with focus on US NFP

January 9, 2026 10:08 am
The USD/NOK currency pair was holding near recent high of 10.1295, its strongest level since December 22nd, as investors braced for the key US Non-Farm Payrolls report, which may provide fresh clues on the Fed’s monetary policy path. Employers in all sectors of the US economy, excluding farming, probably added 60,000 job positions in December, […] Read more

BofA Sees Stronger Pound Ahead as EUR/GBP Pressured into 2026

January 9, 2026 10:01 am
Key Moments Bank of America maintains a year-end 2026 EUR/GBP target of 0.84, signaling more downside for the pair. Analysts see the current EUR/GBP level, back in its Q3 2025 range, as a consolidation before renewed pound strength. Improving UK-EU relations and potential productivity gains support the British pound despite domestic political risks. Strategists Keep […] Read more

GBP/JPY Advances as Yen Weakness Outweighs Strong Japanese Spending Data

January 9, 2026 8:54 am
Key Moments GBP/JPY trades near 211.30 in late Asian hours as the Japanese Yen lags major peers. November Overall Household Spending rises 2.9% YoY, offsetting pressure from China-Japan trade tensions. Investors await UK labor market figures for clues on the Bank of England’s rate path. GBP/JPY Supported by Broad Yen Weakness GBP/JPY moved higher to […] Read more

Euro-Dollar Consolidates Near Recent Lows as Bearish Signals Persist

January 9, 2026 8:28 am
Key Moments EUR/USD is trading around 1.1650 after five consecutive daily declines, remaining under key short- and medium-term EMAs. The 14-day RSI stands at 39, pointing to weakening bullish momentum rather than oversold conditions. A break below 1.1589 could open the way toward 1.1468, while a move above 1.1696 would bring 1.1808 and 1.1918 back […] Read more

Sterling Holds Above 50-Day Support as GBP/USD Consolidates

January 9, 2026 8:01 am
Key Moments GBP/USD has traded around 1.3430 for a fourth straight subdued session, sitting below the nine-day EMA but above the 50-day EMA. The 14-day RSI stands at 51.9, signaling neutral momentum and an easing of the recent strength, with a drop below 50 hinting at deeper corrective risk. The 50-day EMA at 1.3381 acts […] Read more

Euro Advances Against Yen as Technical Focus Shifts to 183.34 Barrier

January 9, 2026 7:29 am
Key Moments EUR/JPY traded around 183.20 during Asian hours on Friday after recovering losses from the previous session. The nine-day EMA at 183.34 is acting as immediate resistance, while the 50-day EMA at 181.43 continues to support the medium-term uptrend. EUR showed the strongest performance against JPY in today’s major currency moves, with EUR/JPY up […] Read more