GBP/JPY Price Forecast: Breaks higher to 213.00 as risk-off sinks JPY.GBP/JPY Price Forecast: Breaks higher to 213.00 as risk-off sinks JPY

Fitch Ratings says Fed independence is key factor for US sovereign rating.Fitch Ratings said on Monday it views the Federal Reserve's ​independence as a key supporting factor for its AA+ ‌U.S. sovereign rating.

TRADING DAY Trump crosses Fed Rubicon, market shrugs.Investors on Monday brushed aside the dramatic news of the Trump administration's threat to criminally indict Fed Chair Jerome Powell, lifting the S&P 500 to an all-time high, while precious metals also soared to new peaks.

Natural Gas Price Forecast: Breakdown Keeps Pressure on Prices.Natural gas remains under bearish pressure after breaking key support, with multiple technical indicators pointing toward potential downside targets near long-term Fibonacci and measured-move support levels.

New Zealand business confidence surges to decade high as recovery gathers pace.Business confidence in New Zealand has jumped to its strongest level in more than a decade, according to the latest Quarterly Survey of Business Opinion (QSBO) from New Zealand Institute of Economic Research, adding to evidence that the economy is emerging from a prolonged slowdown as lower interest rates begin to flow through.

FX Today: US inflation steps in.FX Today: US inflation steps in

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground Amid Iran Protests.Oil markets move higher at the start of the week.

Dollar Pulls Back & Metals Take the Lead.The market is doing exactly what strong trends do: rotating, not breaking.

United States 10-Year Note Auction dipped from previous 4.175% to 4.173%.United States 10-Year Note Auction dipped from previous 4.175% to 4.173%

DBS suggests investors hedge US dollars and consider low-cost Asian currencies.DBS Group Chief Executive Tan Su Shan on Monday advised investors with heavy U.S. dollar exposure to consider hedging, saying funding costs in Asian currencies are low and regional exchange rates look undervalued.

U.S. Treasury will auction $39 billion of 10 year notes at the top of the hour.The U.S. Treasury will auction $39 billion of 10 year note of the top of the hour. The six-month average as of the major components will be compared to the actual results to determine relative strength or weakness of the auction.

United States 3-Year Note Auction fell from previous 3.614% to 3.609%.United States 3-Year Note Auction fell from previous 3.614% to 3.609%

U.S. Dollar Pulls Back Amid Worries About Fed Independence: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY.The U.S. Justice Department threatened Fed with criminal charges.

Pound Sterling Price News:GBP/USD rallies as 'Sell America' trade returns on Fed independence fears.Pound Sterling Price News:GBP/USD rallies as 'Sell America' trade returns on Fed independence fears

More Pressure on the Federal Reserve Emerges.News broke on Sunday night that the Federal Reserve received grand jury subpoenas from the Department of Justice on Friday, escalating the Trump administration's pressure on the nation's central bank. While we do not believe this will alter the near-term course of monetary policy, it will make the next Fed Chair's job that much harder to build a consensus among the 19 members of the Federal Open Market Committee.

What I am Watching Today: The US Dollar and the Department of Justice.Today, it will be about the US Dollar and the headlines coming out of the Department of Justice in America.

Natural Gas Price Outlook – Are We Getting Close to a Bottom?.The natural gas market gapped to kick off the week, as we continue to look for buyers in this weak market.

Crude Oil Price Outlook – Crude Oil Continues to See Overhead Resistance.The crude oil market continues to see a lot of resistance above, causing it to continue to offer short-term selling opportunities for those who can wait. Volatility will continue to be a feature here.

Fresh Data To Confirm Whether The US Dollar Can Sustain Momentum.The US dollar maintained a solid year-to-date performance, despite a modest softening on Friday following a mixed December labor report. While non-farm payrolls grew by only 50,000—missing the 66,000 consensus—the unexpected drop in the unemployment rate to 4.4% and steady wage growth suggested that the U.S. labor market remains firm enough to prevent a dovish pivot in Federal Reserve expectations.

US CPI Preview: Amid Political Pressure, Fed Likely to Hold Through Q1 Unless Inflation Drops.Traders and economists are projecting both headline and core (ex-food and -energy) CPI to come in at 2.7% y/y. This reading, if seen, would match the headline price pressures seen last month and represent a 0.1% uptick from last month's core CPI reading.

US Dollar Index pulls back as Powell probe revives Fed independence concerns.US Dollar Index pulls back as Powell probe revives Fed independence concerns

Pound Sterling Price News and Forecast: GBP recovers strongly to around 1.3465 against the USD.Pound Sterling Price News and Forecast: GBP recovers strongly to around 1.3465 against the USD

JPY lags G10 despite broad USD weakness – Scotiabank.JPY lags G10 despite broad USD weakness – Scotiabank

Fed Credibility Risk Sends 10-Yr Yield Above 4.2, Euro to Benefit as Dollar Alternative?.With the economic calendar nearly empty, markets are fixated on the escalating political risk surrounding Fed Chair Jerome Powell, who is now under federal criminal investigation linked to the renovation of the Fed's headquarters and his congressional testimony on the matter. The move has taken markets by surprise, particularly given that Powell's term as Fed Chair is due to conclude in May.

Germany Current Account n.s.a. rose from previous €14.8B to €15.1B in November.Germany Current Account n.s.a. rose from previous €14.8B to €15.1B in November

Southern Copper (SCCO) surges 6.2%: Is this an indication of further gains?.Southern Copper (SCCO) surges 6.2%: Is this an indication of further gains?

USD/JPY Price Forecast: 158.00 caps upside as the pair consolidates near January 2025 highs.USD/JPY Price Forecast: 158.00 caps upside as the pair consolidates near January 2025 highs

investingLive European markets wrap: Dollar slips, precious metals surge on Fed threats.The main headlines to start the week is Trump's continued attack on Fed independence, as Powell is put under criminal investigation in a bid by the administration to try and bend the central bank to its will. Powell's press conference was quite something and if you watched it without context, you might even think it was scripted and AI-generated.

USD: Next Fed Chair announcement to impact markets – Rabobank.USD: Next Fed Chair announcement to impact markets – Rabobank

USD/JPY: 158.90 is likely out of reach today – UOB Group.USD/JPY: 158.90 is likely out of reach today – UOB Group