TRENDING:

GBP/USD

XAU/USD

Jackson Hole symposium to guide markets

Frank Walbaum FX Strategies.Asia

Important news for the day

Fri, 22nd, 16:00 CET US Jackson Hole / Powell speech.
Sat, 23rd US Gov Bailey speech / gov Ueda speech.

Trump policies

According to several sources Trump's investments remind people of the Watergate scandal back then when President Nixon had to leave Oval Office due to a court ruling. President Trump did also make countless investments, which will have significant impact of his current policies. Looking at shares of Apple or Nvidia for example, Apple has been exempted from paying tariffs on imported chips and semiconductors to the US as the company will invest USD 100 billion in the US. Nvidia will furthermore in the end be able to export their chips to China and face a lower tariff of 15%, which wll be paid to the US government.

Market talk

Due to the strength of the Dollar also most currencies lose momentum against the Greenback. Equities remain in a sideways pattern but show some signs of a potential retracement. The current pattern might get further clarity over the weekend in particular with the symposium in Jackson Hole. Today’s speech of Jerome Powell could also offer fresh insights in general, in particular since it is expected that interest rates will be reduced in September again. US bonds continue to slide as the trust in the Dollar is being eroded. Trump's policies keep adding fuel to the fire in this regards.

Tendencies in the markets

Equities lower, USD stronger, BTC sideways, ETH positive, oil stronger, Silver sideways, Gold weaker, JPY sideways.

Author

Frank Walbaum

FX Strategies.Asia

Frank has been working in the TV business for several years. Acquiring his skills in Germany’s biggest broadcasting station, he then chose to work and live in Asia, which was in 2007.

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

Editor's Picks

EUR/USD holds steady above 1.1750 as traders await FOMC Minutes

The EUR/USD pair holds steady near 1.1770 during the early Asian session on Tuesday. Traders continue to price in the prospect of further rate cuts by the US Federal Reserve in 2026, following the 25-basis-point rate reduction delivered at the December meeting. The release of the Federal Open Market Committee Minutes will be in the spotlight later on Tuesday.

GBP/USD finds key support near 1.35 despite year-end grind

GBP/USD remains bolstered on the high end as markets grind through the last trading week of the year. Cable caught a bullish tilt to keep price action on the high side of the 1.3500 handle, though year-end holiday volumes are unlikely to see significant progress in either direction as 2025 draws to a close.

Gold rebounds to near $4,350 after Monday's 4+% correction

Gold is bouncing to near $4,350 early Tuesday, helped by renewed US Dollar weakness and a dismal mood. Gold was hit sharply by profit-taking on Monday during US trading hours and retreated towards $4,300, where buyers reappeared.

Crypto market outlook for 2026

Year 2025 was volatile, as crypto often is. Among positive catalysts were favourable regulatory changes in the U.S., rise of Digital Asset Treasuries, adoption of AI and tokenization of Real-World-Assets.

Economic outlook 2026-2027 in advanced countries: Solidity test

After a year marked by global economic resilience and ending on a note of optimism, 2026 looks promising and could be a year of solid economic performance. In our baseline scenario, we expect most of the supportive factors at work in 2025 to continue to play a role in 2026.

Crypto market outlook for 2026

Year 2025 was volatile, as crypto often is. Among positive catalysts were favourable regulatory changes in the U.S., rise of Digital Asset Treasuries (DAT), adoption of AI and tokenization of Real-World-Assets (RWA).