David Scutt

1 week ago | investing.com | David Scutt

surprises to the upside again in Japan, reviving speculation that the BOJ may not be able to sit on its hands much longer. With geopolitical tensions and oil prices also driving price action, continues to grind higher. SummaryJapanese price pressures continue to build, sending underlying inflation even further away from the Bank of Japan’s target, piling pressure on policymakers to resume their rate-hiking cycle despite elevated uncertainty abroad.

1 week ago | forex.com | David Scutt

USD/NOK SummaryNorges Bank caught markets napping with a surprise 25bp cut on Thursday, lowering the sight deposit rate to 4.25%—the first move lower in five years. The krone slumped on the decision, but the move didn’t stick. While rate differentials briefly weighed on USD/NOK, geopolitical risk has been the dominant force. The pair remains tightly linked to Brent crude and S&P 500 futures, acting as a proxy for Middle East tensions.

1 week ago | forex.com | David Scutt

SummaryJapanese price pressures continue to build, sending underlying inflation even further away from the Bank of Japan’s target, piling pressure on policymakers to resume their rate hiking cycle despite elevated uncertainty abroad.

1 week ago | investing.com | David Scutt

’s rally is starting to wobble, with wedge support under pressure and bullish momentum fading fast. Add in signs the may have bottomed, and the risk of a bearish break is rising. XAG/USD SummarySilver’s bullish run may be coming to an end. Sitting in a rising wedge and with momentum indicators rolling over, the ducks look to be lining up for a potential downside break.

1 week ago | investing.com | David Scutt

New Zealand’s economy outperformed in Q1, but you wouldn’t know it from the Kiwi’s reaction. broke sharply lower Thursday as geopolitical nerves saw risk appetite crater, triggering a bearish technical break that may have further to run. NZD/USD SummaryThe New Zealand economy may have started 2025 with a bang, but that wasn’t enough to support the Kiwi dollar on Thursday with the pair sinking to multi-week lows as risk aversion returned.