This article focuses on the technical outlook for EUR/USD, GBP/USD and the Nasdaq 100, analyzing market sentiment and price action dynamics ahead of upcoming U.S. inflation data.

The Japanese Yen had been lifted by hopes that the Bank of Japan might be ready to tighten policy. These may well have been premature

Continued disinflation at the current Fed funds rate means real interest rates may soon attract flows away from gold despite aggressive rate cuts. Silver, gold prices analysed

The SEC yesterday said that their X (formerly Twitter) account had been comprised after a false tweet was posted announcing that a raft of spot Bitcoin ETFs had been approved. The hotly awaited decision is expected today.

Outlook on FTSE 100, Nikkei 225 and S&P 500 ahead of key US inflation data.

The Australian dollar rose after the monthly CPI indicator revealed lower then expected inflation for November. However, services inflation remains a concern for the RBA

With little of note on the economic calendar today, the US dollar is in a holding pattern ahead of Thursday’s US inflation report. USD-pairs remain listless ahead of the data.

The December U.S. inflation report, due for release on Thursday, is poised to provide clarity on the Fed’s monetary policy outlook, helping guide the near-term trajectory of both gold prices and USD/JPY