Durable goods orders and house price data to come

Potential BTC Price Scenarios. Current BTC Price: 102,566 USDT

The Bloomberg survey indicates that all but two forecasters are expecting a 25-bps rate cut from the Riksbank at the January 29 policy meeting, Rabobank’s FX analyst Jane Foley notes.  

After yesterday’s stock market swings, it’s back to tariffs for FX today. The US Dollar (USD) has strengthened broadly overnight as President Trump renewed his threat of hefty tariffs and specifically mentioned auto tariffs for Canada and Mexico. The FT reported that Treasury Sec.

Forex news from the European morning session on Jan 28, 2025

The US Dollar Index (DXY), which tracks the performance of the US Dollar against six different major currencies, orbits around 108.00 throughout the European session and is up over 0.50%. The Nvidia rout from Monday, where Nvidia (NVDA) lost over $600 billion in market capitalization at one point, played into US President Donald Trump’s hand

Laurent McClintock announced today (Tuesday) on LinkedIn that he has joined ActivTrades as Head of Business Development & Partnerships (UK).

The GBPUSD pair is trading around a key support zone. What’s next?

The National Bank of Hungary is scheduled to meet today, but this should be a copy-and-paste of previous meetings. FX has seen significant relief in the last two weeks, but inflation did surprise to the upside in December.

DeepSeek AI has projected 2025 prices for XRP and Bitcoin using machine learning, sentiment analysis, and economic data to provide future insights.

Choosing the best trading platforms in 2025 is more important than ever for Forex brokers.

The EUR/GBP pair drops to near two-week low of 0.8380 in Tuesday’s European session.

British Prime Minister (PM) Keir Starmer said on Tuesday, “I am beginning to see the UK’s economy turning around.” Additional comments Artificial intelligence (AI) will be a game-changer.

A bounce back for the poster boy?

Industrial metals traded under pressure at the start of the new week, with Copper dropping from a two-month high, amid concerns over China’s economic growth following weak factory activity and profit data, despite Beijing’s recent efforts to boost the economy, ING’s commodity analysts Warren Patters

Crude oil erased all the gains since the breakout and it’s now back near the key 72.00 handle. What’s next?

Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data.

Publicly listed fintech XTB (WSE: XTB ) plans to introduce spot cryptocurrencies to its offering, likely this year, Finance Magnates has learned.

They forecast the economy to contract by 0.1% in 2025

European natural gas prices also saw plenty of weakness yesterday with TTF settling 3.7% lower on the day, taking prices back below EUR48/MWh, ING's commodity analysts Warren Patterson and Ewa Manthey note.

The EURUSD pair is pulling back from the highs as negative tariffs headlines boosted the US Dollar. What’s next?

Tech shares look to rebound after a poor showing yesterday

Oil prices came under pressure yesterday with the market and the broader complex unable to escape the sell-off seen in equity markets, ING's commodity analysts Warren Patterson and Ewa Manthey note.

Australian forex broker Blueberry Markets announced today (Tuesday) the integration of DXtrade into its platform offerings, expanding its services for forex and contract for difference (CFD) traders.

Gold is pulling back into a key level ahead of the FOMC decision. What’s next?

But things are definitely much calmer compared to yesterday

Major digital asset exchange KuCoin has admitted to operating without proper licenses and agreed to pay $297.4 million in penalties, marking one of the largest settlements in crypto enforcement.

The Pound Sterling (GBP) faces pressure against its major peers in Tuesday's North American session.

Fintech firm EXANTE has secured regulatory approval from Poland's Financial Supervision Authority (KNF), marking its entry into Eastern Europe's largest financial market.

Latest data released by INSEE - 28 January 2025

Multi-asset broker VT Markets reported increased trading volumes and operational expansion in 2024, according to the company's annual performance update released today (Tuesday).

Here is what you need to know on Tuesday, January 28: Following Monday's choppy action, the US Dollar gathers strength against its rivals early Tuesday as markets assess US President Donald Trump's latest comments on tariffs.

The US Consumer Confidence is the only highlight

A more tepid mood after the selling yesterday

FX option expiries for Jan 28 NY cut at 10:00 Eastern Time via DTCC can be found below.

In a parliamentary speech on Tuesday, New Zealand (NZ) Prime Minister (PM) Christopher Luxon said that his government will bring a relentless focus on unleashing growth to lift incomes, strengthen local businesses, and create opportunity in 2025.” He further noted that “promising signs of success were seen in 2024, such as inflation dropping and remaining low, interest rates starting to fall, wages continuing to rise faster than inflation, and business and consumer confidence rising.” .

A look at what is on the board for today

Never a dull day since he's been in charge, eh?

Forex news for Asian trading on Tuesday, January 28, 2025

No surprises here