The Consumer Price Index in China increased by 0.2% in December, reversing a previous drop of -0.1%. This change could influence various currency pairings and commodities.

Exchange Rates and Market Movements

The EUR/USD is steady at 1.1650 after five days of losses, with traders being cautious before the US Nonfarm Payrolls report. December’s report is expected to show job growth of 60,000, slightly down from November’s 64,000. The GBP/USD is trading at 1.3430, with a 14-day RSI of 51.9, indicating neutral momentum. An RSI drop below 50 may signal further declines. Gold is carefully positioned below $4,500, as the US Nonfarm Payrolls and upcoming Supreme Court decisions could influence its direction. Meanwhile, major cryptocurrencies like Bitcoin, Ethereum, and Ripple are holding important support levels. In 2026, major market disruptions from 2025 are unlikely to happen again, but it is still important for market participants to stay alert. Ripple’s price has fallen for three days in a volatile cryptocurrency market. After reaching a high of $2.41, it is facing significant profit-taking pressure.

Forex Brokerages Highlights

In 2026, Forex brokerages are being highlighted for low spreads, high leverage, geographical focus, and regulated options. It’s crucial to conduct thorough research due to the risks associated with trading. All attention is on the US Nonfarm Payrolls report set to be released later today, which has caused the markets to pause. The US Dollar has been gaining strength recently, but this jobs report will be a vital test of that trend. It will provide insights into the Federal Reserve’s policy outlook for the coming months. We are preparing for soft numbers, with predictions of adding only 60,000 jobs in December. This would continue the trend of a slowing labor market observed throughout 2025, contrasting sharply with the average monthly job gains of 239,000 in 2023. A figure significantly below expectations could heighten fears of an economic slowdown and weaken the dollar. With EUR/USD around 1.1650 and GBP/USD below 1.3450, the currency markets are tense. This hold suggests a significant price movement may occur once the NFP data is released. Derivative traders may see this as an opportunity to prepare for increased volatility, no matter the direction. Gold is at a critical point, struggling to break through resistance just under the $4,500 mark. Its movement will be influenced not only by the jobs data but also by an upcoming Supreme Court ruling on presidential tariff powers. This dual risk means options on gold could be beneficial for trading the anticipated breakout. After the significant economic shocks of 2025, we remain cautiously optimistic. The small rise in China’s consumer prices to 0.2% is a positive sign for global demand. However, the key factor in the upcoming weeks will be how strong the US economy appears. In the crypto markets, major assets like Bitcoin and Ethereum are maintaining crucial support levels after a midweek rejection. This might set the stage for another rally, but any drop below these levels could lead to quick selling pressure. The recent decline in XRP shows that demand is becoming more selective, unlike the widespread excitement seen earlier in the year. Create your live VT Markets account and start trading now.

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