📌 February 13 – Focus on US CPI! Will the Yen Selling Trend Continue?
✅ Key Market Developments Today
📌 USD/JPY Rebounds to 153 Level, Yen Selling Prevails
- The Yen-buying trend (Trump tariffs & BoJ rate hike speculation) that persisted last week has paused.
- US bond yields rise & hawkish remarks from Fed Chair Powell → USD buying strengthens.
- The market is becoming more resilient to Trump tariffs, limiting risk-off Yen buying.
📌 US CPI – The Key Event Tonight!
- Market Expectations:
- Headline CPI YoY: +2.9% (same as previous)
- Core CPI YoY: +3.1% (slowing from previous +3.2%)
- MoM Changes: Headline +0.3% (down from +0.4%), Core +0.3% (up from +0.2%)
- Key Points:
- If inflation slows → Stronger Fed rate-cut expectations → USD selling.
- If inflation accelerates → Fed rate cuts less likely → USD buying strengthens.
📌 Gold (XAU/USD) & Crude Oil (WTI) Also Gaining
- Concerns over trade wars → Safe-haven demand drives capital inflows.
- Gold is eyeing $2,750, while crude oil is awaiting direction from the OPEC report.
📌 Trading Strategies Going Forward
🎯 1. USD/JPY
📈 Outlook: Volatility expected based on CPI results
🔎 Strategy:
- If inflation rises → USD bullish → Targeting 153.50–154.00
- If inflation slows → USD bearish → Eyeing a break below 152.00
🎯 2. EUR/USD
📉 Outlook: Bearish bias
🔎 Strategy:
- ECB’s dovish stance continues to weigh on the Euro.
- Entry Point: Sell at 1.0350–1.0380
- Target: 1.0250–1.0200
🎯 3. Gold (XAU/USD)
📈 Outlook: Uptrend continues
🔎 Strategy:
- Entry Point: Buy on dips at 2725–2730
- Target: 2750–2760
🎯 4. EUR/JPY
📉 Outlook: Sell on rallies
🔎 Strategy:
- Entry Point: Sell at 157.00–157.50
- Target: 155.50–154.50
📌 Key Events to Watch
📅 February 13 (Wednesday) – US CPI Release
→ Major market-moving event!
📅 February 17-18 (Monday-Tuesday) – RBA Policy Meeting
→ Significant impact on AUD movement.
📢 Other Key Events Today:
- Fed Chair Powell’s Testimony (House Financial Services Committee)
- OPEC Monthly Report Release
- US 10-Year Treasury Auction ($42 billion)
- Bank of Canada Meeting Minutes (Jan 29)
📢 The US CPI release tonight has the potential to reshape market trends! Stay sharp and trade strategically! 🔥
