US dollar Index-
The US dollar index trades flat ahead of US CPI and Fed monetary policy.It hit a low of 105.10 yesterday and is currently trading around 105.12.
US dollar gained momentum on Friday as increase in wage inflation will prevent Fed from rate cut. Markets eye US CPI and US Fed dot plot on Wednesday for further movement.
According to the CME Fed watch tool, the probability of a no-rate cut in June decreased to 99.4% from 98.50% a week ago.
Major resistance- 105/106.50
Major support- 104/103
EURUSD-
EURUSD is under pressure due to political uncertanityt in Frane. It hit a high of 1.07326 and is currently trading around 1.07673.
French President called for sanp election following the far-right National party’s gains. The French 10- year yield surged more than 9% due to uncertanity.
Major resistance-1.0800,1.0900
Major support- 1.0720,1.0650
Yen-
The yen lost its shine on strong US treasury yield. Any break above 158 confirms further bullishness.
Major Resistance- 158,160
Major support- 156,154.50
Canadian Dollar
The Canadian dollar trades weak on strong dollar and easing crude oil prices. Any break above 1.3800 confirms further bullishness.
Resistance- 1.3800, 1.3900
Major support- 1.3700,1.3600


Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data
2025 Market Outlook: Key January Events to Watch
China’s Growth Faces Structural Challenges Amid Doubts Over Data
Bank of America Posts Strong Q4 2024 Results, Shares Rise
Moldova Criticizes Russia Amid Transdniestria Energy Crisis
China's Refining Industry Faces Major Shakeup Amid Challenges
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift?
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure
US Gas Market Poised for Supercycle: Bernstein Analysts
Urban studies: Doing research when every city is different
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data
Stock Futures Dip as Investors Await Key Payrolls Data
Global Markets React to Strong U.S. Jobs Data and Rising Yields 



