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USD/CAD trading idea on January 22, 2025

In Asian trading on Wednesday, USD/CAD maintains moderate growth, trading near the level of 1.4330. Against the background of recent events, the pair reached a 2020 high at 1.4515. This surge was caused by statements by US President Donald Trump about the possible introduction... Read more on Indexaco...

On Wednesday, GBP/USD held its position near the 1.2345 mark, which is the maximum on January 9, demonstrating stability even against the background of mixed data on the UK labor market.

Recent reports show that the number of applications for unemployment benefits increased by 0.7 thousand in December after a ... Read more on Indexaco...

USD/CHF showed steady growth, breaking the levels of 0.8950 and 0.9000. However, after testing the 0.9200 mark, the pair moved to correction.

The 4-hour chart (H4) shows that USD/CHF has dropped to the level of 0.9050 and retains the potential for further decline. At the same time, the pair remains well above ... Read more on Indexaco...

FOREX fundamental analysis for EUR/USD on January 22, 2025

The adjustment of customs duties may be temporarily postponed, but their complete abolition is in no way part of the plans of the new US administration. Donald Trump clearly does not want shocks in the stock market, so he will gradually prepare the players fo... Read more on Indexaco...

Markets continue to closely monitor the first steps of Donald Trump in his debut week. It is expected that the US president will sign a number of decrees, which will preserve the dominant position of news from the United States for market participants. Country leaders and investors will have to reflect on the conseq... Read more on Indexaco...

EUR/USD: the initiative has moved to the European currency

The EUR/USD pair is moving within the corrective trend, trading at 1.0419. The European currency is supported by the weakening of the US dollar and positive data on the German economy.

In December, the producer price index in Germany decreased from 0.5%... Read more on Indexaco...

USD/CHF: the pair is trading near the minimum values

During the morning session, the USD/CHF pair is showing recovery after a sharp drop the day before, testing the 0.9075 level for an upward breakout. The instrument is trying to move away from the lows recorded on January 7.

The increased volatility in the mar... Read more on Indexaco...

On Tuesday, AUD/USD is correcting within the framework of an uptrend, trading near the level of 0.6247 against the background of the weakening of the US dollar. Despite the publication of data on the Australian labor market, AUD/USD remains neutral.

According to the Australian Bureau of Statistics (ABS), in De... Read more on Indexaco...

Upcoming events for the week of January 21-25, 2025

This week, the economic calendar is relatively calm, and key events are scheduled for Friday, when data on the US PMI and sales in the secondary housing market will be published. These reports may give an idea of the state of the United States economy, but they are ... Read more on Indexaco...

NZD/USD: market is waiting for New Zealand inflation data for Q4

The NZD/USD pair is showing moderate growth, once again testing the 0.5600 level for an upward breakout. The instrument is supported by technical factors, while trading activity in the US markets is reduced due to the celebration of Martin Luther King D... Read more on Indexaco...

USD/CHF analysis on January 20, 2025

On Monday, USD/CHF is working out a correction, signaling a possible continuation of growth. The asset is trading around 0.9127, against the background of low volatility of currency pairs due to the weekend in the United States.

In December, the Swiss producer price index re... Read more on Indexaco...

During Monday's Asian session, USD/JPY is correcting from local highs, trading near the level of 156.12. After a sharp rise last week, the US dollar came under pressure amid expectations of the inauguration of Donald Trump, scheduled for today. The new president promises to impose increased import duties on goods fr... Read more on Indexaco...

FOREX fundamental analysis for EUR/USD on January 20, 2025

Donald Trump's political promises are shaping traders' expectations, leading to a record increase in net longs for the US dollar to the levels of 2019. The President-elect declares his intention to deal with every crisis with unprecedented speed and determina... Read more on Indexaco...

During Asian trading on Thursday, the pound weakened against the US dollar, retreating to the level of 1.2208, after violent movements the day before.

Investors are following the inflation data for December with interest. The monthly figures showed an increase from 0.1% to 0.3%, while the annual figures decrea... Read more on Indexaco...

FOREX Fundamental analysis for EUR/USD on January 16, 2025

The first public statement by Scott Bessent, a candidate for the post of treasury secretary, that the United States should preserve the dollar's status as the world's reserve currency, instantly reversed the growth of EUR/USD observed after the release of inf... Read more on Indexaco...

GBP/USD trading idea on January 15, 2025

On Wednesday in the Asian session, GBP/USD shows a slight decrease, trading near the level of 1.2200. The pound remains near multi-month lows, due to the fall in the value of British government bonds and weak macroeconomic statistics, which increase the likelihood of further m... Read more on Indexaco...

AUD/USD analysis on January 15, 2025

By the middle of the week, AUD/USD rose to 0.6192, reflecting cautious optimism in the market.

At the same time, traders are cautious ahead of the publication of December inflation data in the United States, which may affect the prospects for interest rate cuts by the Federa... Read more on Indexaco...

During the Asian session on January 15, NZD/USD tends to stay above the 0.5600 mark, receiving moderate support from statistics on the New Zealand Institute of Economic Research (NZIER) business confidence index. In the fourth quarter, the indicator increased by 16.0% after the previous decrease of -1.0%.

An a... Read more on Indexaco...

EUR/USD: the pair is moving within the 1.0350–1.0000 channel

The quotes of the EUR/USD pair are in the correction phase, trading around the 1.0305 mark against the background of the weakening of the US currency. After a poor start to the year, the euro is regaining its position, receiving support from the publication... Read more on Indexaco...

FOREX Fundamental analysis for EUR/USD on January 15, 2025

Financial markets are gradually recovering from the initial shock caused by a series of unexpected events. The initial panic provoked by news of Trump's massive tariff plans, fears of the spread of the British debt crisis, and Bank of America's forecast of a ... Read more on Indexaco...