Freemium Content

January 21, 2026

Chart USD/CAD Update: Reached 1.3800 - studies under pressure

January 21, 2026 4:57 PM UTC

The anticipated test of congestion support at 1.3800 has extended to 1.3785

South Africa Inflation Moderately Surged to 3.6% y/y in December

January 21, 2026 12:29 PM UTC

Bottom Line: Statistics South Africa (Stats SA) announced on January 21 that annual inflation edged up moderately to 3.6% y/y in December from 3.5% the previous month due to higher housing and utilities; and insurance and financial services prices. The change in the consumer price index (CPI) betwe

Chart GBP/USD Update: Consolidating choppy trade

January 21, 2026 8:29 AM UTC

Little change, as prices extend consolidation beneath congestion around 1.3450

Chart GBP/USD Update: Consolidating below 1.3500, scope for break later

January 21, 2026 1:53 AM UTC

Settled back in consolidation below resistance at the 1.3500 congestion

January 20, 2026

North American Summary and Highlights 20 Jan

January 20, 2026 8:42 PM UTC

Overview - The USD was generally softer though stabilized in North America while equities remained under pressure.

Chart USD/CAD Update: Under pressure

January 20, 2026 5:27 PM UTC

Cautious trade has given way to a sharp selling interest

Bank of Canada Preview for January 28: Rate level still appropriate but uncertainty high

January 20, 2026 3:24 PM UTC

The Bank of Canada looks highly likely to leave rates unchanged at 2.25% on January 28 and reiterate that rates are at about the right level if the economy evolves as expected, while adding that uncertainty remains elevated. We expect that the next BoC move will be a modest tightening, but this will

Chart GBP/USD Update: Further gains to remain limited

January 20, 2026 3:19 PM UTC

Cautious trade around 1.3400 has given way to a sharp bounce

Chart GBP/USD Update: Room to extend bounce from 1.3340 low

January 20, 2026 1:48 AM UTC

Bounce from the 1.3340 low to regain the 1.3400 level see prices retracing losses from the 1.3568, early-January high

January 19, 2026

North American Summary and Highlights 19 Jan

January 19, 2026 4:46 PM UTC

Overview - The USD was generally softer with US markets on holiday. Leaders from Germany and the UK suggested caution over retaliatory tariffs against the US.

Chart GBP/USD Update: Limited gains - studies under pressure

January 19, 2026 8:33 AM UTC

The anticipated test of congestion support at 1.3350 has bounced smartly

Japan: A Bet To Retake The House

January 19, 2026 8:00 AM UTC

Japan PM Takaichi making a bet to retake the lower house on rising rating

Chart GBP/USD Update: Consolidating losses to 1.3340 low

January 19, 2026 1:42 AM UTC

Gapped down opening has given way to bounce from the 1.3340 low as prices unwind oversold intraday studies

January 16, 2026

North American Summary and Highlights 16 Jan

January 16, 2026 5:31 PM UTC

Overview - The USD was lifted after Trump suggested Hassett would not be nominated for Fed Chair.

Chart USD/CAD Update: Extending pressure on 1.3900/20 - studies improving

January 16, 2026 4:54 PM UTC

Little change, as rising intraday studies keep near-term price action buoyant

Rupee Volatility Tests RBI, But Buffers Remain Strong

January 16, 2026 1:12 PM UTC

India’s forex reserves are under pressure from capital outflows and rupee weakness, but the system remains resilient. The RBI has room to manage volatility, backed by strong reserve buffers.

This week's five highlights

January 16, 2026 12:00 PM UTC

Trump being Trump
U.S. December CPI A Moderate rebound
U.S. Retail Sales and PPI not far from expectations
This Week's Fed Speakers
Japan Weighs Snap Election

Chart GBP/USD Update: Consolidating losses - room for still lower

January 16, 2026 8:38 AM UTC

The anticipated break below 1.3400 has given way to a bounce from above support at the 1.3350 congestion lows

Chart GBP/USD Update: Room to extend losses from 1.3568 high

January 16, 2026 2:04 AM UTC

Consolidation above support at the 1.3400/1.3390 area has given way to fresh selling pressure to extend losses from the 1.3568

January 15, 2026

North American Summary and Highlights 15 Jan

January 15, 2026 8:43 PM UTC

Overview - The USD was supported by stronger than expected US data, mainly against the European currencies.

Chart USD/CAD Update: Consolidating - studies improving

January 15, 2026 5:06 PM UTC

Cautious trade has given way to a test of resistance at 1.3900/20

South Africa Inflation Preview: Inflation is Expected to Hover Around 3.5% y/y in December

January 15, 2026 2:31 PM UTC

Bottom Line: After inflation decreased to 3.5% YoY in November, we foresee inflation will stand around 3.5% y/y in December supported by suspended power cuts (loadshedding), stronger Rand (ZAR), and decrease in inflation expectations. Lower international food prices and slightly elevated fuel costs

Chart GBP/USD Update: Cautious trade - studies leaning lower

January 15, 2026 8:28 AM UTC

Little change, as mixed intraday studies keep near-term sentiment cautious and extend consolidation around 1.3440

Chart GBP/USD Update: Extend consolidation within 1.3500/1.3400 range

January 15, 2026 1:22 AM UTC

Little change, as prices extend consolidation above the 1.3400/1.3390 support

January 14, 2026

North American Summary and Highlights 14 Jan

January 14, 2026 8:57 PM UTC

Overview - The USD saw some movement but was little changed at the end of the day.