Russia Producer Price Index (YoY): -3.3% (December) vs previous -1.1%
Author

FXStreet Team
FXStreet
Author

FXStreet Team
FXStreet
The US Federal Reserve decided to hold its fire, as expected, helping the US Dollar recover some additional ground. The Greenback advances as Chair Powell starts his press conference.
The GBP/USD pair retreated from its Tuesday’s multi-month peak, but retains its bullish bias as the Federal Reserve does little to help the Greenback. Market players shift the focus to President Trump-related headlines
The bright metal holds near a newly achieved record high of 5,311 following the Fed’s monetary policy announcement. The XAU/USD pair consolidates just below the $5,300 mark as Thursday looms.
The US Federal Reserve is expected to leave the policy rate unchanged after the first meeting of 2026. Fed Chair Powell’s comments on the policy outlook will be watched closely by investors.
Four companies are set to decide the direction of the stock market this week, with guidance – not headline earnings – likely determining whether the AI rally continues or cracks.
Bittensor reclaims $240 immediate support, reflecting positive sentiment in the broader crypto market. The TAO derivatives market signals retail interest return as futures Open Interest climbs to $163 million.