Fundamental / Economic Backdrop (short term)
Short-term EURUSD price action continues to be driven by relative monetary policy expectations and near-term macro data momentum. The US dollar remains sensitive to shifts in Federal Reserve rate-cut timing, with markets increasingly focused on incoming inflation and labour market data for confirmation.…
Author: Fibbinarchie
GBPUSD 17/12/2025
Fundamental / Economic Backdrop (short term)
Sterling remains sensitive to relative rate expectations and risk sentiment. Recent pricing implies a narrowing policy differential outlook between the Bank of England and the Federal Reserve, with markets attentive to inflation persistence in the UK and the pace of US disinflation. Near-t…
USDJPY 17/12/2025
Fundamental / Economic Backdrop (short term)
Short-term USDJPY price action continues to be driven by the interest rate differential between the US and Japan, risk sentiment, and expectations around central bank policy normalisation.The US dollar remains broadly supported by comparatively higher yields, though momentum has moderated …
EURJPY 17/12/2025
Fundamental / Economic Backdrop (short term)
EURJPY continues to be driven primarily by yield differentials and risk sentiment. In the near term, the euro side reflects relatively stable euro area data with limited upside momentum, while the yen remains structurally weak due to accommodative Bank of Japan policy and sensitivity to global risk cond…
CHFJPY 17/12/2025
Fundamental / Economic Backdrop (short term)
Short-term fundamentals for CHFJPY remain driven by relative safe-haven demand and yield differentials. The Swiss franc continues to find support from its defensive characteristics amid cautious global risk sentiment and uneven equity market performance. Meanwhile, the Japanese yen remains structurally …
GBPJPY 17/12/2025
Fundamental / Economic Backdrop (short term)
The short-term fundamental backdrop for GBPJPY remains driven by relative monetary policy expectations and risk sentiment. Sterling continues to be supported by comparatively restrictive Bank of England policy guidance, with UK inflation persistence limiting near-term rate cut expectations. In contrast,…
EURGBP 17/12/2025
Fundamental / Economic Backdrop (short term)
Short-term drivers for EURGBP remain centred on relative monetary policy expectations and near-term macro data surprises rather than structural shifts.
The euro remains influenced by a cautious ECB stance, with policy signalling still data-dependent amid mixed inflation persistence across the bloc. Rec…
XAUUSD 17/12/2025
Fundamental / Economic Backdrop (short term)
Gold remains driven by a combination of US monetary policy expectations, real yield dynamics, and broader risk sentiment. Markets continue to price a gradual easing bias from the Federal Reserve into 2026, keeping downward pressure on real yields despite intermittent USD strength. Geopolitical uncertain…
XAGUSD 17/12/2025
Fundamental / Economic Backdrop (short term)
Silver continues to be driven by a combination of precious-metal safe-haven demand and its industrial metal characteristics. In the near term, macro attention remains on US real yields, USD direction, and broader risk appetite. Persistently elevated inflation expectations and ongoing fiscal uncertainty …
EURGBP 16/12/2025
Fundamental / Economic Backdrop (short term)
Near-term EURGBP dynamics remain driven by relative central bank expectations and data divergence rather than outright risk sentiment.
The euro side continues to reflect a stabilising but low-growth Eurozone backdrop. Recent inflation readings remain sticky enough to keep the ECB cautious on signalling…