USD/MXN snaps a three-day losing streak amid an improved US Dollar (USD).
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FX option expiries for January 22 NY cut
FX option expiries for January 22 NY cut at 10:00 Eastern Time, via DTCC, can be found below.
USD/JPY should continue to hover around 148 assuming the BoJ springs no surprise – ING
The first policy meeting from the Bank of Japan (BoJ) in 2024 is scheduled for Tuesday, January 23.
Japanese Yen bulls remain on the sidelines amid bets for BoJ inaction on Tuesday
The Japanese Yen (JPY) kicks off the new week on a positive note and recovers further from its lowest level since November 28 touched on Friday against the US Dollar (USD).
USD/CAD Price Analysis: More downside looks likely below 1.3420
The USD/CAD pair turns sideways near 1.3440 after a sharp downside from the psychological resistance of 1.3500 in the early European session.
EUR/USD set to trade out something like a 1.0850-1.0960 range near term – ING
The Euro has plenty to sink its teeth into this week. Economists at ING analyze the shared currency’s outlook.
NZD/USD stretches lower to near 0.6110, awaits New Zealand's CPI data on Wednesday
NZD/USD trims its intraday gains, continuing the losing streak for the second successive session on Monday.
Gold Price Forecast: Recovering Dollar is likely to weigh on XAU/USD – ANZ
Gold (XAU/USD) has risen along with geopolitical risks and expectations of US rate cuts.
Australian Dollar retraces its recent gains amid a stable US Dollar
The Australian Dollar (AUD) hovers around a psychological level at 0.6600 on Monday amid market uncertainty driven by discussions between the United States (US) and the United Kingdom (UK) on intensifying actions against Iran-backed Houthi terrorists in Yemen.
Forex Today: Markets remain calm to start the week
Here is what you need to know on Monday, January 22: Major currency pairs trade in familiar ranges early Monday as investors stay on the sidelines ahead of this week's key macroeconomic events.