This site uses cookies to provide you with a great user experience. By visiting monetamarkets.com, you accept our cookie policy.
Allow all
This site uses cookies to provide you with a great user experience. By visiting monetamarkets.com, you accept our cookie policy.
Allow all
This website is operated by Moneta Markets Ltd, which is not authorised or regulated by the UK Financial Conduct Authority (FCA) and does not offer or promote services to UK residents. Access to this website is restricted in the UK and the content is not intended for distribution to, or use by, any person located in the UK. If you believe you have reached this website in error, please exit the page now
Please note that Moneta Markets operates this website and its services are not directed at residents of your jurisdiction.
The information on this site is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
If you have arrived here in error, we kindly advise you to exit the site.
Continue to Site
Markets opened the week with the US Dollar showing resilience, advancing across major currency pairs despite lingering trade uncertainties. Gold eased slightly from recent highs as investors reassessed safe-haven demand amid firming Dollar flows. Traders remain cautious ahead of key US economic data, with risk appetite muted and commodity-linked currencies showing mixed performance.
Gold retreats slightly from its recent monthly peak, currently trading below $1,950. The move reflects modest USD strength, which is weighing on safe-haven demand, while investors await key US macro data for fresh directional cues.
Geopolitical Risks: Lingering global tensions provide intermittent support.
US Economic Data: Anticipated US CPI keeps positioning cautious.
FOMC Outcome: Markets await signals on the pace of future rate moves.
Trade Policy: Tariff concerns are present but have muted immediate effect.
Monetary Policy: Dollar resilience limits upside momentum for gold.
Trend: Mild bearish correction from monthly highs.
Resistance: $1,960
Support: $1,925
Forecast: Gold may consolidate near current levels unless USD weakens.
Market Sentiment: Cautiously neutral with defensive positioning easing.
Catalysts: US CPI, FOMC commentary, geopolitical headlines.
USD/CHF edges higher to near 0.7760 as the Dollar maintains firmness despite trade policy uncertainty. Trading remains cautious ahead of upcoming US economic releases.
Geopolitical Risks: Stable conditions limit safe-haven CHF flows.
US Economic Data: CPI and inflation data provide near-term focus.
FOMC Outcome: Fed tone may influence broader USD strength.
Trade Policy: Tariff concerns are priced in, reducing immediate market impact.
Monetary Policy: Dollar resilience supported by rate differentials.
Trend: Sideways to mildly bullish.
Resistance: 0.7780
Support: 0.7720
Forecast: USD/CHF may continue upward bias unless risk sentiment shifts sharply.
Market Sentiment: Neutral, leaning bullish.
Catalysts: FOMC minutes, US CPI, CHF liquidity movements.
NZD/USD drifts above 0.5950 as trade uncertainty supports cautious positioning. The pair remains sensitive to US macro releases and regional economic updates.
Geopolitical Risks: Market caution limits aggressive NZD positioning.
US Economic Data: USD strength from upcoming CPI data impacts NZD.
FOMC Outcome: Fed guidance will remain a primary driver.
Trade Policy: Tariff concerns influence risk-sensitive flows.
Monetary Policy: Diverging RBNZ-Fed outlooks shape the pair.
Trend: Mild bullish bias.
Resistance: 0.5980
Support: 0.5920
Forecast: NZD/USD may consolidate until US data provides clarity.
Market Sentiment: Cautiously neutral with selective risk appetite.
Catalysts: US CPI, Fed commentary, trade headlines.
The US Dollar Index hovers near 98.00 as the Dollar remains firm against major currencies. Market positioning is cautious amid trade uncertainty and upcoming US data releases.
Geopolitical Risks: Global tensions provide mild safe-haven support.
US Economic Data: CPI and inflation readings will guide Dollar flows.
FOMC Outcome: Fed tone remains central to USD strength.
Trade Policy: Tariff uncertainty underpins defensive positioning.
Monetary Policy: Higher-for-longer expectations support USD strength.
Trend: Mild bullish consolidation.
Resistance: 98.40
Support: 97.60
Forecast: DXY may hold gains but remains sensitive to US surprises.
Market Sentiment: Neutral-to-bullish.
Catalysts: US CPI, FOMC minutes, trade headlines.
USD/CAD softens toward 1.3700 despite firm oil prices and trade uncertainty. Mixed sentiment reflects Dollar strength versus commodity-linked CAD support.
Geopolitical Risks: Stable risk conditions favor gradual CAD support.
US Economic Data: Dollar strength ahead of CPI keeps the pair in a range.
FOMC Outcome: Fed guidance could trigger short-term volatility.
Trade Policy: Tariff uncertainty caps broad directional moves.
Monetary Policy: Oil-driven CAD strength offsets USD gains partially.
Trend: Sideways to mildly bearish.
Resistance: 1.3740
Support: 1.3660
Forecast: USD/CAD may remain range-bound until US data and oil market developments provide clarity.
Market Sentiment: Neutral, with cautious positioning.
Catalysts: US CPI, oil price movement, FOMC minutes.
Overall, the Dollar’s firmness continues to shape early-week market sentiment, keeping Gold under pressure while commodity currencies display selective gains and losses. Trade uncertainty remains a background factor, but market attention is increasingly focused on upcoming economic releases that could influence Fed expectations and FX positioning. Near-term movements are likely to remain sensitive to Dollar strength, geopolitical developments, and risk sentiment shifts.
Ready to trade global markets with confidence? Join Moneta Markets today and unlock 1000+ instruments, ultra-fast execution, ECN spreads from 0.0 pips, and more! Start now with Moneta Markets!
