January 20, 2025 at 05:46AM
There is just one to take note of, as highlighted in bold.
That being for EUR/USD at the 1.0300 level again. Amid some slight dollar weakness ahead of Trump’s inauguration, the expiries here should act as a magnet to keep price action more contained near the figure level in European trading at least.
Also, do be reminded that it is a US holiday coming up. As such, market sentiment might be more muted in general to start the new week. But with a slight leaning that Trump might go softer on tariffs after “positive talks” with China, it is a good enough reason for the risk mood to hold more optimistic to start the new week.
And that will mean a bias towards a softer dollar and more positive risk assets. So, do take that into consideration.
For more information on how to use this data, you may refer to this post here.
This article was written by Justin Low at www.forexlive.com.