The USD has moved lower with lower yields as DeepSeek send stocks lower and tariff wars don't help either.
In the video I take a look at the three major currencies - the EURUSD, USDJPY and GBPUSD - as they react with a move lower in the USD (EURUSD and GBPUSD move higher and the USDJPY moves lower). The moves have led to technical breaks that have tilted the bias in the direction of the break:
This week was going to be about earnings and the Fed, but the weekend news is worrying and puts those levels at risk. Nevertheless, Tesla, Meta, Microsoft (January 29) and Apple all report.
Below is a list of the major releases this week:
Monday, January 27
SofiAT&TTuesday, January 28
BoeingGMLockheed MartinStarbucksSAPStrykerWednesday, January 29
ProgressiveT-MobileADPGeneral DynamicsTeslaMetaMicrosoftIBMLam ResearchServiceNowThursday January 30
UPSMastercardDowNokiaSouthweatCaterpillarComcastAppleIntelVisaFriday, January 31
ExxonMobileChevronColgate-PalmolivePhillips 66Looking at the US debt markets yields are sharply lower:
2 year 4.201%, -7.0 basis points5-year 4.33%, -9.3 basis points10 year 4.528%, -9.3 basis points30 year 4.768%, -8.1 basis points: This article was written by Greg Michalowski at www.forexlive.com. Read More Details
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