There aren't any major expiries that should factor into play for the day ahead. There are some closer ones for EUR/USD at 1.0400 and 1.0500, then one for AUD/USD at the 0.6300 level. But given prevailing spot levels and the technical outlook, they aren't likely to see...
Dollar bounces back as Trump makes the headlines again
Tariff man strikes again and the dollar is sitting higher today. It's another reminder that with Trump, you never know what you're gonna get right before the end of the day in the US. He is up threatening with tariffs again and you can check out the headlines here....
ForexLive Asia-Pacific FX news wrap: Trump tariff talk again, USD higher
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Deutsche Bank on 4 factors that could prompt further losses for US equities
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China and India are working towards warmer relations between the two states
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BoJ Rate Hike May Move Closer: Analysis & Outlook
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More on White House ordering a halt to federal loans, grants
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Report that White House budget office is ordering a pause to all federal grants and loans
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Trump says he wants tariffs “much bigger” than 2.5%
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Trump is speaking with media
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RBNZ Chief Economist Paul Conway is speaking on Wednesday – on growth and interest rates
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Critical Australian inflation data due tomorrow – likely to tick the RBA rate cut box?
We get December 2024 month and Q4 2024 inflation data from Australia on Wednesday, January 29, 2025 at 11.30 Sydney time:0030 GMT1930 US Eastern timeThe quarterly figures are the focus. More on this under the preview. The inflation report will be pivotal in...
Singapore and Hong Kong Lunar New Year market closures – the dates to watch
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There is no PBoC USD/CNY reference rate setting today – China is on holiday
China's Lunar New Year, marking the start of the Year of the Snake, falls on Wednesday, January 29.The official public holiday spans 8 days, from January 28 (New Year's Eve) to February 4.During this period, many businesses and government offices close, allowing...
Australian December 2024 business confidence: -2 (prior -3)
National Australia Bank business survey, for December 2024. Business Confidence -2prior -3.0Business Conditions 6.0 Sales increased 3 points to +9, profitability rose 4 points to +4, and the employment index gained 1 point to +4.Conditions improved across most...
More on Japan’s service-sector inflation data – will keep the BoJ on rate-hike simmer
The data post is here:I got pretty caught up with Trump's tariff talks:So, back to Japan for a bit of added info on that data. Japan's service-sector inflation reached 2.9% in Decemberwas driven by rising prices in accommodation and transportationWhile its down from...
UK shop prices fell in January, not as fast as they fell in December
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Trump says DeepSeek is a positive – a ‘wake up’ call. Meanwhile USD strong still.
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Japan data – Services PPI (December) 2.9% y/y (prior 3%)
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