News for the last hour. Ежечасная сводка новостей.
Продолжение и Перевод на Русский доступны ниже или по ссылке...
Russian-Русский:
Продолжение и Перевод на Русский доступны ниже или по ссылке...
Forex News and Analysis
US Dollar and Euro
- The euro has weakened against the US dollar, hitting a two-year low, with the EUR/USD pair trading below its main moving averages. This is due to strong US economic data and rising inflation concerns, contrasting with a recession in the Eurozone. The pair has reached technical oversold levels, suggesting a possible short-term correction[3][5].
- Investors are reducing expectations for future interest rate cuts by the European Central Bank, reflecting concerns over persistent inflation and geopolitical instability. The euro recently dropped to the support level of 1.0177 before stabilizing around 1.0250[3].
US Treasury Yields and Dollar Strength
- US Treasury yields have surged to 14-month highs, with the 10-year Treasury yield hitting 4.805%, driven by strong US payroll data and reduced expectations of near-term rate cuts. This has supported the US dollar, which reached a two-year high before easing slightly[1].
Japanese Yen
- The Japanese yen has lost ground despite the Bank of Japan's deputy governor Himino indicating that the BOJ will debate an interest rate hike at its January 23/24 meeting. The USD/JPY pair saw a spike to 158.00 before retracing back to under 157.50[2][4].
Other Currencies
- The USD dropped temporarily after news of potential tariff increases by Trump's economic team, but has since retraced. Other majors like EUR, GBP, AUD, and NZD saw gains, particularly driven by better business confidence in New Zealand[2][4].
Crypto News and Analysis
Bitcoin Price
- Bitcoin dropped below $91,000 amid ETF launches but has since regained ground, trading back above $94,500. This follows a 5% loss the previous day when it fell below $90,000[1][4].
Technical Analysis Summary
EUR/USD
- The pair is technically oversold with an RSI reading of 30, suggesting a possible short-term correction. However, the broader trend remains bearish due to US dollar strength and Eurozone economic weakness[3].
USD/JPY
- The pair saw a spike to 158.00 before retracing, indicating volatility. The Bank of Japan's potential rate hike discussion may influence future movements[2][4].
US Dollar Index
- The dollar index reached a two-year high supported by strong US economic data. However, it eased slightly ahead of US inflation data, which could impact its future performance[1][3].
Bitcoin
- Bitcoin's recovery above $94,500 indicates a short-term rebound after hitting technical support levels. Market sentiment and ETF launches continue to influence its price[1][4].
Sources
- [Daily Market Overview and Strategy 14 January 2025 - FOREX.com][1]
- [ForexLive Asia-Pacific FX news wrap: USD swing on news, JPY swing on not a lot][2]
- [EUR/USD Analysis: Selling Pressures May Persist in the Coming Days][3]
- [Morning Wrap (14.01.2025) - XTB.com][4]
- [Tentative signs of reversals for EUR/USD, commodity FX: COT report][5]