AUD/USD started the week on the front foot as concerns around US monetary policy independence faded and domestic Australian data reinforced the case for a still-restrictive RBA. A recovery in global risk appetite, combined with resilient household spending, has helped the Australian dollar outperform other high-beta currencies. Fed Independence Concerns Cool, Risk Appetite Recovers Markets opened the week cautiously after Federal Reserve Chair Jerome Powell confirmed the Fed

NZD/USD is showing early signs of stabilisation as improving domestic sentiment begins to shift the fundamental backdrop in favour of the Kiwi. A sharp rebound in business confidence, combined with a gradual repricing of RBNZ policy expectations, is helping ease one of the key headwinds that has weighed on the currency over the past year. With price now testing downtrend resistance, attention is turning to whether improving fundamentals c

USD/JPY remains firmly supported as broad-based yen weakness continues to dominate the FX landscape. Despite repeated warnings from Japanese officials, traders have shown little hesitation in pushing the pair higher, encouraged by the market’s long-standing tendency to fade intervention rhetoric. With price now hovering near the January 2025 high, focus is shifting toward whether yen bears can force a sustained move toward 160 or finally trigger a decisive response from Japan

USD/JPY remains supported by structural drivers favoring yen weakness, but renewed concerns around Federal Reserve independence have introduced fresh uncertainty into the bullish narrative. While Japanese political risks and resilient US labor data continue to lean the balance higher, repeated failures near key resistance raise questions over how sustainable further upside may be in the near term. Powell Headlines Shake Confidence in Fed Independence Markets were unsettled af

GBPUSD remains locked in a broad consolidation as markets brace for a pivotal week of macro data, with US CPI and UK GDP likely to dictate near-term direction. The fundamental backdrop continues to favor the dollar, with US growth momentum standing in sharp contrast to the UK’s sluggish outlook. US GDP growth has climbed to a two-year high near 4.3%, while UK growth expectations remain close to stagnation around 0%. This divergence continues to underpin relative USD strength

EUR/USD continues to sit at the heart of broader US dollar dynamics as markets move toward 2026. Throughout Q4, it appeared that euro bears were close to forcing a decisive breakdown, yet the 1.1500 level repeatedly held firm. That support ultimately marked the turning point, allowing a renewed phase of USD weakness in December to lift EUR/USD higher. However, as seen multiple times over the past year, bullish momentum faded quickly above a well-defined Fibonacci resistance z

The US Dollar Index has extended its recovery, posting three consecutive sessions of gains and rising more than 0.6% in the short term. This rebound is largely driven by positioning ahead of the US Nonfarm Payrolls release, with markets increasingly leaning toward a resilient labour market outcome. So far, anticipation around the data has been enough to support dollar demand, and a firm employment report could allow bullish momentum to extend further in the days ahead. NFP in

EUR/USD ended Wednesday modestly lower as the US dollar remained resilient into the second half of the session. Early Thursday, the pair is trading quietly below the 1.1700 handle, with price action reflecting a cautious market environment rather than any clear recovery attempt. For now, the technical backdrop continues to lean mildly bearish. US Data Keeps USD Supported The dollar found support midweek following stronger US data and a risk-averse tone across markets. The ISM

AUD/USD is starting to show signs of exhaustion after briefly reaching fresh 15 month highs. A combination of renewed US dollar strength and stretched technical conditions suggests the pair may be vulnerable to a near term pullback. That said, downside momentum in the Australian dollar is likely to remain measured, as domestic inflation is still running above the Reserve Bank of Australia’s target, keeping monetary policy restrictive. Australian Inflation: Cooling, but Still

The US dollar has started the year on an uneven note. Initial strength followed weekend developments in Venezuela, before some of those gains were pared back and then partially recovered into Tuesday’s session. What has stood out, however, is how quickly markets have looked past geopolitical headlines. Developments tied not only to Venezuela but also Greenland have failed to generate sustained risk aversion, allowing attention to shift back toward macroeconomic drivers. With