The Consumer Price Index in China has shown a rise of 0.2% in December compared with a drop of -0.1% previously. This shift may impact various currency pairings and commodities.<\/p>\n
The EUR\/USD steadies around 1.1650 after five days of losses with traders cautious ahead of the US Nonfarm Payrolls report. December’s NFP is forecasted to demonstrate job gains of 60,000, which is slightly lower than November’s 64,000.<\/p>\n
GBP\/USD trades at 1.3430, with a 14-day RSI at 51.9, showing neutral momentum. A decline in RSI under 50 may suggest a further retracement.<\/p>\n
Gold is tentatively positioned below $4,500 as the US Nonfarm Payrolls and Supreme Court decisions may affect its trajectory. Meanwhile, major cryptocurrencies including Bitcoin, Ethereum, and Ripple maintain key support levels.<\/p>\n
In 2026, significant market disruptions from 2025 are not expected to repeat. Nevertheless, market participants should remain vigilant.<\/p>\n
Ripple\u2019s price has declined for three consecutive days in an unstable cryptocurrency market. From a peak of $2.41, it is experiencing intense profit-taking pressure.<\/p>\n
Forex brokerages in 2026 are highlighted, with considerations for low spreads, high leverage, geographical focus, and regulated options. The importance of due diligence and the inherent risks associated with trading are emphasised.<\/p>\n
All eyes are on the US Nonfarm Payrolls report due later today, which is causing markets to pause. The US Dollar has been gaining strength for several days, but this jobs report will be the key test of that momentum. It will give us a strong signal about the Federal Reserve’s policy outlook for the coming months.<\/p>\n
We are bracing for a soft number, with forecasts suggesting only 60,000 jobs were added in December. This would continue the trend of a slowing labor market that we observed throughout 2025, a stark contrast to the average monthly job gains of 239,000 seen back in 2023. A figure well below expectations could accelerate fears of an economic slowdown and weaken the dollar.<\/p>\n
With EUR\/USD hovering around 1.1650 and GBP\/USD stuck below 1.3450, the currency markets are clearly holding their breath. This inactivity suggests a significant price swing is likely once the NFP data is released. Derivative traders may see this as an opportunity to position for a spike in volatility, regardless of the direction.<\/p>\n
Gold is also at a critical juncture, struggling to break resistance just under the $4,500 mark. Its path will be determined not just by the jobs data but also by a coming Supreme Court ruling on presidential tariff powers. This dual risk means options on gold could be valuable for trading the expected breakout.<\/p>\n
After the major economic shocks of 2025, we remain in a period of cautious optimism. The minor uptick in China’s consumer prices to 0.2% is a decent sign for global demand. However, the main driver for the next few weeks will be the perceived strength of the US economy.<\/p>\n
In the crypto markets, major assets like Bitcoin and Ethereum are holding onto key support levels after a midweek rejection. This offers a potential base for another rally, but any break below these levels could see selling pressure increase quickly. The recent slide in XRP highlights that demand is becoming more selective and less widespread than during the early-year excitement.<\/p>\n
Create your live VT Markets account<\/a>\u00a0and\u00a0start trading<\/a>\u00a0now. <\/b><\/p>\n","protected":false},"excerpt":{"rendered":" China’s CPI rises; EUR\/USD steadies; traders await US jobs data; Ripple falls amid crypto volatility.<\/p>\n","protected":false},"author":62,"featured_media":17026,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59],"tags":[],"class_list":["post-38686","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/38686","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/users\/62"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/comments?post=38686"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/38686\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media\/17026"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media?parent=38686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/categories?post=38686"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/tags?post=38686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}