Indexes were back to their negative ways today, shedding a couple days worth of gains. Greece is back in the spotlight, and bad economic data weigh on the US Markets. Master trader, Tim Pesut joins Merlin for a look at what he sees happening in the FX markets, and offer traders insight into his preferred trading pairs.
Editors’ Picks
EUR/USD bounces toward 1.1750 as US Dollar loses strength
EUR/USD returned to the 1.1750 price zone in the American session on Friday, despite falling Wall Street, which indicates risk aversion. Trading conditions remain thin following the New Year holiday and ahead of the weekend, with the focus shifting to US employment and European data scheduled for next week.
GBP/USD nears 1.3500, holds within familiar levels
After testing 1.3400 on the last day of 2025, GBP/USD managed to stage a rebound. Nevertheless, the pair finds it difficult to gather momentum and trades with modest intraday gains at around 1.3490 as market participants remain in holiday mood.
USD/JPY advances to near 157.00 on BoJ's cautious tightening
The USD/JPY pair trades in positive territory for the fourth consecutive day around 157.00 during the early European session on Friday. The cautious pace of the Bank of Japan’s (BoJ) monetary tightening weighs on the Japanese Yen (JPY) against the Greenback. Traders will take more cues from the US Nonfarm Payrolls (NFP) report for December, which is due next week.
Editors’ Picks
Gold Price Annual Forecast: 2026 could see new record-highs but a 2025-like rally is unlikely Premium
Gold hit multiple new record highs throughout 2025. Trade-war fears, geopolitical instability and monetary easing in major economies were the main drivers behind Gold’s rally.
AUD/USD Price Annual Forecast: Is 2026 the year the Aussie breaks above 0.70? Premium
In a context where AUD/USD rate differentials, institutional credibility, and geopolitical dynamics are once again central, 2026 could mark a new phase in the balance of power between the Australian Dollar and the US Dollar.
USD/INR Price Annual Forecast: Indian Rupee could disappoint both optimists and pessimists alike in 2026 Premium
The Indian Rupee (INR) has seen a consistent depreciation against the US Dollar (USD) for the last several years and turned out to be the worst-performing Asian currency in 2025.
Top 10 crypto predictions for 2026: Institutional demand and big banks could lift Bitcoin
Bitcoin’s (BTC) adoption story is unraveling and the king crypto could see institutional demand return in 2026. Crypto asset managers like Grayscale are betting on Bitcoin’s rally to a new all-time high next year, and themes like Bitcoin as a reserve asset are emerging.
S&P 500 Price Annual Forecast: 2026 to benefit from decent growth as Trump runs it hot Premium
BlackRock, the world's largest asset manager, ran an online survey in early December asking respondents whether attractive returns for risk assets would continue for a fourth straight year in 2026.
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