David Scutt

USD/JPY enters 2025 at a crossroads. Rising US yields, hawkish Fed pivot, and expansionary fiscal policies could fuel more dollar strength, but BoJ moves and carry trade vulnerabilities may keep yen downside in check. The year ahead promises to be an eventful one.

Gold's relentless 2024 rally has defied strong dollar headwinds and rising yields, smashing records and flipping traditional relationships on their head. Is it still a safe haven, or has the game changed for good?

A tidal wave of high-grade supply from Guinea's Simandou project threatens to crush iron ore prices in 2025. With Chinese port inventories near record highs and global steel output faltering, the $100 iron ore era looks increasingly shaky. Bears have waited years for fundamentals to reassert themselves; next year could finally be their moment.

China's central bank is stepping in to slow the yuan's slide, moving to boost overseas borrowing. While the adjustment offers short-term relief, USD/CNH bulls remain in control as the focus shifts to US inflation, China's data dump, and Trump's looming tariff threats. Can Beijing hold the line, or is a push to fresh highs inevitable?

Gold and silver's early 2025 rally hit a wall, with surging yields and a stronger dollar likely contributing to sharp reversals on Monday. As key support levels come into play, we look at potential trade setups.

Has EUR/USD finally found its floor? A clear morning star pattern suggests near-term lows may be in, but with Scott Bessent's confirmation hearing looming, could a bond market twist drive the euro's next big move?

With bullish momentum fading, traders are watching US inflation data and Scott Bessent's Senate debut for cues that could reshape the USD/CHF outlook.

A string of failed breakouts in USD/CAD, USD/CHF and EUR/USD despite soft US inflation and big declines in Treasury yields should have traders questioning whether dollar dominance is over.

Inflation hedges shine despite a strong dollar and elevated yields, but with key resistance levels in play, the Trump tariff threat looms as a make-or-break moment.

Copper and iron ore are on a tear, smashing through resistance levels heading into China's latest data dump. With key levels in play and Trump's trade policies looming, could the rally have more fuel in the tank?