Asia FX muted but heads for Jan gains; dollar steadies with Fed chair in focus

Missed the longer-term trend line break on NZD/JPY? There could still be chance to catch a quick retest if you’re counting on the reversal to gain traction. Check out this area of interest on the 4-hour time frame: NZD/JPY 4-hour Forex Chart by TradingView A combination of risk-off flows on global trade concerns and hawkish…

By RoboForex Analytical Department EUR/USD ended the week at 1.1868, remaining within a narrow sideways range for the fourth consecutive session. The market has adopted a wait-and-see approach ahead of the release of January’s US consumer price index. The report could influence expectations for Federal Reserve policy. Forecasts suggest a slowdown in headline inflation to…

Currency markets opened on Monday with the US dollar under pressure, as traders assessed weekend developments related to US tariff policy. According to Reuters: → On Friday, the Supreme Court ruled that President Trump’s sweeping tariffs exceeded his authority.→ In response, the US president criticised the court and introduced a blanket 15% import levy. Trump…

A French minister has said she is taking legal action against an unidentified man who was filmed lighting a cigarette from a memorial flame at a major Paris war monument. The video of a man stooping to light a cigarette from the fire at the Tomb of the Unknown Soldier under the Arc de Triomphe,…