Kathy Lien
BKTraders and Prop Traders Edge
Dear
As Trump eyes reelection, several forces are shaping currency movements:
But what does this mean for traders?
- The Euro? Facing pressure as the USD strengthens.
- The Yen? Still a haven, but watch how it reacts to treasury yield changes.
- Emerging market currencies? Potentially volatile as tensions rise.
Trading is about staying ahead of the curve. This is your chance to act—not react. Are you preparing for these shifts in your trading strategy?
Past performance is not indicative of future results. Trading forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial advisor if you have any doubts.
Editors’ Picks
EUR/USD drops to six-week lows, pierces 1.1600 post-US data
EUR/USD comes under pressure and trades just below the 1.1600 figure for the first time in 2026, flirting with multi-week troughs on the back of further improvement in the Greenback. Latest data from the US docket saw Initial Jobless Claims dropping below estimates in the week to January 10.
GBP/USD remains weak, falls towards 1.3350
Tracking its risk-sensitive peers, GBP/USD faces increasing selling interest and extends its slump after breaking through the 1.3400 mark on Thursday. Cable’s daily pullback comes in response to the better tone in the US Dollar as investors assess the latest US data releases, and despite encouraging United Kingdom data published earlier in the day.
USD/JPY: Takaichi’s trade caps Yen’s upside
The USD/JPY pair trades in a tight range around 158.50 during the Asian trading session on Thursday. The pair consolidates as the upbeat US Dollar has offset the decent recovery in the Japanese Yen.
Editors’ Picks
EUR/USD drops to six-week lows, pierces 1.1600 post-US data
EUR/USD comes under pressure and trades just below the 1.1600 figure for the first time in 2026, flirting with multi-week troughs on the back of further improvement in the Greenback. Latest data from the US docket saw Initial Jobless Claims dropping below estimates in the week to January 10.
GBP/USD remains weak, falls towards 1.3350
Tracking its risk-sensitive peers, GBP/USD faces increasing selling interest and extends its slump after breaking through the 1.3400 mark on Thursday. Cable’s daily pullback comes in response to the better tone in the US Dollar as investors assess the latest US data releases, and despite encouraging United Kingdom data published earlier in the day.
Gold deflates below $4,600 on stronger Dollar
Gold now gives away part of its recent solid advance, receding below the $4,600 region per troy ounce amid the resurgence of the bid bias in the Greenback, higher US Treasury yields and some profit-taking mood.
Monero Price Forecast: XMR risks deeper correction as rally fatigues at $800 record high
Monero (XMR) edges lower on Thursday, holding around $700 at the time of writing as the rally cools off after reaching a record high of $800 on the previous day, signaling a potential cycle top.
US economic outlook: January 2026
Jerome Powell's eight-year tenure as Chair of the Federal Reserve is coming to a close during a period of intense pressure on the US central bank and divided views among policymakers about the appropriate stance of monetary policy.
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