Currency And Commodities Market Trends
Various trends were noted in the currency and commodities markets. EUR/USD stayed below 1.1700, while NZD/USD weakened near 0.5750 in anticipation of US job data. In commodities, silver prices varied around $78.00. Meanwhile, WTI prices bounced back above $56.00 after a notable drop in oil inventories reported by EIA. Exchange rates also showed changes, with the Japanese Yen losing strength against the USD. At the same time, USD/CAD increased, trading above 1.3850 due to ongoing worries about Canadian oil needs. Gold prices fell to about $4,450 as the demand for safe investments decreased.Australia Trade Surplus Impact
The sharp decline in Australia’s trade surplus is concerning. The drop to A$2.9 billion for November 2025 indicates weakened export demand, signaling potential further decline for the Australian dollar. This decline is not isolated, reflecting reduced demand from China. Chinese manufacturing data from December 2025 dropped to 49.8, hinting at a slight slowdown and affecting our key commodity exports. Iron ore prices have fallen from over $130 per tonne in mid-2025 to around $115 now. The Reserve Bank of Australia will observe this data and likely refrain from aggressive discussions. With inflation declining from the highs of 2025, this trade weakness provides a clear reason to maintain or suggest future easing measures. This growing disadvantage of interest rates against the US dollar supports our outlook for a weaker AUD. The AUD/USD pair represents this perspective clearly. The US economy continues to show strength, with the latest Non-Farm Payrolls report of 2025 adding 250,000 jobs, helping the Federal Reserve maintain its course. We should consider purchasing AUD/USD put options to prepare for a decline, especially with US inflation data expected next week. A bear put spread could be an effective approach to benefit from a steady decrease in the currency pair, allowing us to manage risk while targeting important support levels established in late 2025. This strategy helps navigate this fundamental shift without exposing us too much to sudden market changes. Create your live VT Markets account and start trading now.
เริ่มซื้อขายทันที – คลิกที่นี่ เพื่อสร้างบัญชีจริงของ VT Markets
