USD

US stock markets are heading higher after the Fed's preferred gauge for inflation brought no nasty surprises and remained muted in December, supporting further reductions in interest rates. Apple beat forecasts on the top and bottom line, helping the share price jump by 4% pre-open.

The S&P 500 and Nasdaq 100 are heading higher after the Federal Reserve left interest rates unchanged and amid a post-earnings boost from mega-caps Meta and Tesla. Microsoft is falling after earnings. US GDP was weaker than forecast at 2.3% annualised.

US stocks are heading for a mixed start. They steadied following the sharp selloff at the start of the week, inspired by the cheaper DeepSeek AI model. Attention is on the Federal Reserve rate decision, where policymakers are expected to leave rates unchanged and could adopt a cautious stance. Mega-cap tech earnings kick off, with Microsoft, Meta, and Tesla set to release after the close.

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.

The U.S. is set for a steeply lower open, with tech stocks leading the charge lower as Chinese startup DeepSeek triggers a $1 trillion tech selloff. AI darling Nvidia is on track for its steepest decline in history. Separately, the US and Colombia pull back from the brink of a trade war.

You don’t need a degree in economics to see Trump’s demands for lower rates flies in the face of a strong US economy. And with Trump likely to try and strong arm the Fed into lower rates, we’re back onto the topic of Fed independence.

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.

U.S. stocks are set for a positive opening as investors assess comments from President Trump on his plans for AI infrastructure and possible trade tariffs and digested more corporate earnings. The Nasdaq is soaring, outperforming its peers after Trump announced a $500 billion investment in AI infrastructure. The project will see OpenAI team up with Oracle and Softbank in the Stargate project. Separately Netflix beat earnings forecasts and added 19 million new subscribers.

Tomorrow’s CPI report seems quite important given the run-higher in U.S. Treasury yields that’s taken place even as the Fed has continued to cut. This could have an outsized effect on USD-pairs, bonds and SPX.

U.S. stocks are heading for a positive open on Tuesday, boosted by softer US PPI data ahead of tomorrow's CPI figures and by hopes of gradual trade tariffs from Trump. PPI rose 3.3% YoY in December, below the 3.4% forecast. Reports that Trump's team could adopt a gradual approach to trade tariffs are also helping the mood and bringing treasury yields modestly lower. Fed speakers are in focus later today.

USD bulls continue to push and this week brings another installment of CPI, which has been a bullish driver for the Greenback since the Fed’s start of a rate cutting cycle in September.

The US Dollar rally extended for a sixth-consecutive week with a 4.3% advance now approaching uptrend resistance. Battle lines drawn on the DXY weekly technical chart.

U.S. stocks are set to open lower after the US non-farm payroll report smashed forecasts, dampening expectations for Fed rate cuts. 256k jobs were added in December, well ahead of the 164k forecast. The unemployment rate unexpectedly fell to 4.1%. The market has lowered rate cut expectations and pushed back the first cut to October.

Leading indicators point to a roughly as-expected reading in this month’s NFP report, with headline job growth potentially coming in somewhere in the 150-200K range

US stocks are struggling amid lingering inflation fears following yesterday's ISM services PMI, a sharp drop in jobless claims, and ahead of the Fed minutes scheduled to be released later today. The Fed is expected to be more cautious regarding rate cuts this year amid signs of a solid economy and concerns over inflationary measures from Trump.

The latest batch of ISM reports have been released for December, and they’re not looking good for rate cuts. And that's keeping the USD supported and AUD/USD under pressure.

A rebound off uptrend support keeps the focus on a breakout of the weekly range heading into NFPs on Friday. Battle lines drawn on the DXY short-term technical charts.