USDCHF – 08/12/2025

Fundamental / Economic Backdrop (short term) Short-term macro influences on USD/CHF continue to be dominated by interest-rate expectations, safe-haven flows, and relative monetary-policy trajectories between the United States and Switzerland. United States:Markets continue to price a dovish forward bias from the Federal Reserve, with expe…

EURUSD – 08/12/2025

Fundamental / Economic Backdrop (short term) Key macroeconomic influences shaping EUR/USD in the immediate term: US dollar dynamics remain driven primarily by expectations surrounding Federal Reserve policy. Markets continue to price in a softening rate environment into 2026, which limits sustained USD strength unless inflation or labour …

USDJPY – 08/12/2025

Fundamental / Economic Backdrop (short term) Short-term macro drivers influencing USD/JPY remain centred on interest-rate differentials, risk sentiment and central-bank policy expectations. US Dollar side: Market pricing continues to reflect expectations of eventual Federal Reserve easing in 2026 following slowing inflation momentum and m…

GBPUSD – 08/12/2025

Fundamental / Economic Backdrop (short term) Recent macro and economic forces influencing GBP/USD reflect a mix of headwinds and tailwinds — producing a cautious but potentially constructive near-term environment for the pair. UK side: The British pound (GBP) remains weighed by expectations of monetary easing from the Bank of England (B…

EURJPY – 08/12/2025

Fundamental / Economic Backdrop (short term) Recent macro and economic influences relevant for EUR/JPY: The euro (EUR) continues to be influenced by the macro outlook in the Eurozone — modest economic growth, inflation dynamics, and the stance of the European Central Bank (ECB). While there is no strong macro boom, some stability in eur…

GBPJPY – 08/12/2025

Fundamental / Economic Backdrop (short term) Key macro-economic and policy drivers shaping GBP/JPY in the near term: United Kingdom (GBP side)Sterling remains sensitive to evolving expectations around the Bank of England’s monetary policy path. Inflation moderation and softer growth expectations keep rate-cut discussion active, which li…

XAGUSD – 08/12/2025

Fundamental / Economic Backdrop (short term) Recent macro-economic and market factors shaping silver: Global expectations for slowing interest rates in major economies continue to support demand for non-yielding metals such as silver. Lower real interest rates tend to reduce the opportunity cost of holding precious metals, which supports …
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