Forex
Safe-haven flows continue to dominate financial markets on Tuesday as geopolitical tensions between United States (US) President Donald Trump and Greenland/Europe remain high.
Forex
USD/JPY trades around 157.90 on Tuesday at the time of writing, down 0.10% on the day, as the US Dollar (USD) comes under renewed pressure from political and trade-related headwinds. The pair retreats, weighed down by broad-based weakness in the Greenback against major currencies.
Indices
S&P 500, Dow Jones and Nasdaq Analysis – Market Reversal: US Futures stage a strong recovery as Treasury Sec. Bessent urges calm, fueling "TACO" hopes. Spot indexes play catch-up while Intel shines against a bleak Mag 7 backdrop. We analyze the reversal and the key Fed Chair teaser ahead of Netflix's earnings tonight.
West Texas Intermediate (WTI) US Oil trades around $60.30 on Tuesday at the time of writing, up 1.60% on the day, extending the recovery seen since the start of the week.
USD/CHF Analysis: As leaders warn of a "world without rules" at Davos, the US Dollar slides on policy fears. Capital flees to the Swiss Franc—now the premier safe haven—while Gold hits $4,750. We analyze the USD/CHF breakdown as the Franc jumps 1% in today's session. Safe-haven demand is back.
Forex
The New Zealand Dollar appreciates for the third consecutive day against a weaker US Dollar on Tuesday.
Forex
The USD/JPY pair is down 0.2% to near 157.80 during the European trading session on Tuesday. The pair is under pressure as the US Dollar (USD) underperforms across the board amid ongoing disputes between the United States (US) and the European Union (EU) over Greenland’s sovereignty.
Forex
USD/CHF trades in negative territory for a third consecutive day and hovers around 0.7910 on Tuesday during the European session, down 0.80% on the day at the time of writing.
Commodities
Gold (XAU/USD) keeps trading higher on Tuesday, reaching fresh record highs beyond $4,720, fuelled by the risk-averse sentiment as the trade rift between the US and the European Union concerning the status of Greenland escalates.
Forex
The Euro is trading higher for the second consecutive day against a weaker Japanese Yen, reaching levels above 185.10 in the early European session on Tuesday, after bouncing from Monday’s lows of 182.69.
