US Dollar

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.

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.

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.

Despite the recovery shown by the Canadian dollar two sessions ago, the balance has now shifted 0.5% higher in favor of the U.S. dollar, keeping USD/CAD near levels not seen in the past four years.

The US is expected to add 154K jobs in December, while the Unemployment Rate is anticipated to hold steady at 4.2% during the same period.

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.

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.

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.

The US is anticipated to add 200K jobs in November, while the Unemployment Rate is expected to increase to 4.2% from 4.1% during the same period.

A rebound off trend 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.

The US Dollar finally pulled back from its aggressive Q4 breakout move, and this was fueled by the strongest weekly outing in EUR/USD in two years with last week’s bounce.

USD/JPY bears have gone to work over the past two weeks, holding a lower-high even as USD spiked last Friday. And then forcing a breakdown from the descending triangle formation to test below the 151.95 level.

It’s been a fast-evolving market since the Presidential election three weeks ago. But stocks remain higher, Bitcoin has put in a major move and gold is on its back foot.

The update to the US PCE index is anticipated to show a rise in both the headline and core reading.

Crude Oil, GBPJPY Forecast: The lingering effects of Trump-era policies continue to shape broader market trends. Expectations of war resolutions are pressuring oil prices into a neutral stance, while tariff policies are fueling volatility across the US dollar rally.