Todays Financial Digest:
Global markets traded with a cautious but directional tone as investors positioned ahead of key Eurozone inflation data while reassessing shifting energy supply dynamics. The Euro found support across major pairs as CPI expectations lifted sentiment toward the single currency, while the Japanese Yen remained under pressure amid persistent fiscal concerns and fading confidence in near-term BoJ tightening. In commodities, crude oil prices weakened as renewed optimism over potential Venezuelan supply additions weighed on the energy complex. Overall, FX markets showed selective strength rather than broad conviction, with traders remaining data-dependent ahead of key inflation and policy signals.
EUR/JPY traded modestly higher above the 183.00 level as Euro resilience contrasted with ongoing Yen weakness; support 182.20181.50, resistance 184.00185.20.
USD/JPY remained elevated amid fiscal concerns in Japan and doubts over BoJ normalization; support 154.20153.60, resistance 155.80156.50.
AUD/USD climbed to fresh 15-month highs, supported by risk appetite and a softer USD backdrop; support 0.66500.6580, resistance 0.67500.6820.
EUR/USD traded near the 1.1700 region after rebounding from key technical support ahead of Eurozone CPI; support 1.16501.1580, resistance 1.17501.1820.
WTI Crude Oil slipped below the mid-$56.00 area as Venezuela supply optimism overshadowed broader geopolitical risks; support $55.20$54.00, resistance $56.80$58.00.
Key Economic Events (GMT):
Eurozone CPI Release Upcoming
US Yield Movements Ongoing
BoJ and Japanese Fiscal Commentary Ongoing
OPEC and Venezuela Oil Headlines Ongoing
Global Risk Sentiment and Equity Flows Ongoing
Market sentiment remains cautious but selective, with traders favoring currencies supported by clearer inflation and policy signals while remaining defensive elsewhere. The Euro is likely to stay sensitive to CPI outcomes, while the Yen continues to struggle amid structural concerns. Commodity markets, particularly oil, may remain volatile as supply expectations clash with geopolitical uncertainty. With inflation data and central bank guidance in focus, near-term price action is expected to remain data-driven rather than trend-committed.
For full charts, video analysis, and intraday updates, visit: Euro Gains on CPI Wait while Oil Slumps on Supply Hopes | 7th January 2026 | Moneta Markets
Global markets traded with a cautious but directional tone as investors positioned ahead of key Eurozone inflation data while reassessing shifting energy supply dynamics. The Euro found support across major pairs as CPI expectations lifted sentiment toward the single currency, while the Japanese Yen remained under pressure amid persistent fiscal concerns and fading confidence in near-term BoJ tightening. In commodities, crude oil prices weakened as renewed optimism over potential Venezuelan supply additions weighed on the energy complex. Overall, FX markets showed selective strength rather than broad conviction, with traders remaining data-dependent ahead of key inflation and policy signals.
EUR/JPY traded modestly higher above the 183.00 level as Euro resilience contrasted with ongoing Yen weakness; support 182.20181.50, resistance 184.00185.20.
USD/JPY remained elevated amid fiscal concerns in Japan and doubts over BoJ normalization; support 154.20153.60, resistance 155.80156.50.
AUD/USD climbed to fresh 15-month highs, supported by risk appetite and a softer USD backdrop; support 0.66500.6580, resistance 0.67500.6820.
EUR/USD traded near the 1.1700 region after rebounding from key technical support ahead of Eurozone CPI; support 1.16501.1580, resistance 1.17501.1820.
WTI Crude Oil slipped below the mid-$56.00 area as Venezuela supply optimism overshadowed broader geopolitical risks; support $55.20$54.00, resistance $56.80$58.00.
Key Economic Events (GMT):
Eurozone CPI Release Upcoming
US Yield Movements Ongoing
BoJ and Japanese Fiscal Commentary Ongoing
OPEC and Venezuela Oil Headlines Ongoing
Global Risk Sentiment and Equity Flows Ongoing
Market sentiment remains cautious but selective, with traders favoring currencies supported by clearer inflation and policy signals while remaining defensive elsewhere. The Euro is likely to stay sensitive to CPI outcomes, while the Yen continues to struggle amid structural concerns. Commodity markets, particularly oil, may remain volatile as supply expectations clash with geopolitical uncertainty. With inflation data and central bank guidance in focus, near-term price action is expected to remain data-driven rather than trend-committed.
For full charts, video analysis, and intraday updates, visit: Euro Gains on CPI Wait while Oil Slumps on Supply Hopes | 7th January 2026 | Moneta Markets