US Dollar

It’s a busy week across macro markets and we’re just getting started after the FOMC. Tomorrow’s ECB meeting is expected to see a cut but the bigger item may be around Japan and USD/JPY.

The Fed hinted at a longer pause to interest rates but Chairman Powell ultimately minimized his impact on markets in the January FOMC meeting.

Stocks are clawing back losses from the weekly open even as the U.S. Dollar has bounced from a spot of support. The rest of this week is expected to be very busy on the macro front.

Fear drove early-session U.S. trade and this stands in stark contrast to just a week ago, when equities were driving to all-time-highs after the inauguration of President Trump.

US Dollar is trading into key support at the monthly lows on the heels of President Trump’s inauguration. Battle lines drawn on the DXY short-term technical charts.

The USD/JPY has lost more than 1.5% of its value over the last six trading sessions, allowing the Japanese yen to regain ground against the prolonged bullish trend favoring the US dollar.

The USD is starting Trump’s term with a pullback, so far, and that’s helped to boost equity markets following last week’s massive SPX rally.

The U.S. Dollar just finished its strongest quarter in more than nine years, but a continuation of that theme may not be a great thing for U.S. equities, or the EUR/USD pair.

The U.S. Dollar just finished its strongest quarter in nine years, and stock prices remain elevated, as well. This sets the stage for a volatile 2025 as explained in this webinar.

Last quarter was the largest quarterly gain for DXY since Q1 of 2015, and the third largest quarterly gain for the Dollar index in the past 30 years.

The US economy performed better-than-expected in 2024, with the International Monetary Fund (IMF) upgrading its growth forecast for the region.

EUR/USD has recorded a 2% decline over the last five sessions, favoring the dollar and placing the euro in a sustained bearish zone.

It’s been a strong Q4 for the US Dollar and the currency continues to test a big spot of longer-term resistance. But will the Fed usher in another massive USD rally in 2025?

US Dollar rebounded off trend support early in the month with the bulls in a holding pattern ahead of the Fed. Battle lines drawn on the DXY weekly technical chart.

The US Dollar showed a strong support bounce since last Friday’s NFP report, setting the stage for resistance tests into tomorrow’s CPI and next week’s FOMC.

U.S. stocks are all set for a muted open after reaching record highs last week and as investors look ahead to inflation data later in the week. Stocks in the US have rallied across the past three weeks as the Trump trade continued to play out. US CPI is due on Wednesday and is expected to rise 2.7% YoY in November.

USD weakness showed in the immediate aftermath of the NFP print, with the 105.44 level coming in to help hold support. EUR/USD is now testing resistance while USD/JPY trades below the 150.00 level.