Natural Gas and Oil Forecast: Christmas Shutdown Masks Growing Energy Market Risks.Natural gas and oil prices stall during the Christmas shutdown as geopolitical risks, falling US rigs, and key resistance levels shape the near-term outlook.

Japan PM reassures markets with fiscal discipline in next year's budget.Japanese Prime Minister Sanae Takaichi sought on Thursday to ease market concerns over her expansionary fiscal policy, saying the government's draft budget maintains discipline by limiting reliance on debt.

Japan Construction Orders (YoY) climbed from previous -10.1% to 9.5% in November.Japan Construction Orders (YoY) climbed from previous -10.1% to 9.5% in November

Oil and Natural Gas Technical Analysis: Holiday Liquidity and Geopolitical Risks Lift Energy Prices.WTI oil rebounded from $55 on holiday-thinned liquidity and geopolitical risks, while natural gas held a bullish structure above $2.60 amid a weakening U.S. Dollar Index.

EUR/JPY: 2025's Biggest Surprise – The Great Short That Wasn't.This time last year, I genuinely thought EUR/JPY was set up for a bearish 2025. The European economy looked weak enough to justify multiple rate cuts from the European Central Bank, while the Bank of Japan appeared primed to hike rates to levels not seen in decades.

Natural Gas Price Forecast: $4.59 Spike Fades – 50-Day Support Holds.Natural gas spiked to a counter-trend high of $4.59 Wednesday but faded to close in the lower third of the range, testing support at the 50-day average.

Euro Outlook for 2026.EUR/USD spent 2025 locked in a wide, choppy range as markets recalibrated Fed policy expectations and relative growth prospects. Looking into 2026, fundamentals, capital flows, and global uncertainty still lean toward US dollar support.

United States 7-Year Note Auction: 3.93% vs 3.781%.United States 7-Year Note Auction: 3.93% vs 3.781%

Fed Faces a Volatile 2026 While ECB Signals a Long Hold.The Fed heads into 2026 facing leadership risk, data uncertainty, and wider rate outcomes, while the ECB signals an extended period of policy stability.

Natural Gas News: Futures Drift in Thin Pre-Holiday Trade as Weather Risks Cool.February natural gas futures ease in thin pre-holiday trade as weather uncertainty and strong supply keep traders cautious near key support.

United States 4-Week Bill Auction declined to 3.57% from previous 3.58%.United States 4-Week Bill Auction declined to 3.57% from previous 3.58%

Russia Industrial Output came in at -0.7% below forecasts (1.2%) in November.Russia Industrial Output came in at -0.7% below forecasts (1.2%) in November

Natural Gas Price Outlook – Natural Gas Continues to See Supporters.Ultimately, I do think we get back to the $5 level, I just don't know how long it takes. It could be very sudden, it could be more of a grind, but either way, I do think that's a magnet for price.

Event Risk Like NFPs and the FOMC Rate Decision Lost Serious Traction in 2025.There were plenty of surprises over the past year ranging from the avoidance of official recession despite a trade war, a fast levelling out of a dovish policy regime across the developed world and riding through amplified concerns around the growing fiscal issues in the global system. However, from a trader's perspective, the bigger surprise was the drop in responsiveness from the markets relative to major event risk such as rate decisions, employment reports and news that tapped into key themes.

Crude Oil Price Outlook – Crude Continues to Test Resistance.Signs of exhaustion I think, are selling opportunities, but also keep in mind that volume is going to be a little bit of a problem.

Oil News: Crude Oil Futures Test 50-Day Average as Venezuela Disruptions Shape Oil Outlook.Crude oil futures stall at the 50-day average as U.S. growth, Venezuela tensions, and rising inventories shape the short-term outlook for traders.

Dollar Struggles to Recover as Markets Drift Toward Year-End, Aussie and Kiwi Stay in Front.Dollar found a modest bid early in the U.S. session after weekly jobless claims came in better than expected, offering a brief reminder that U.S. labor market conditions remain relatively resilient. The reaction, however, was restrained, and the greenback failed to generate meaningful follow-through.

US initial jobless claims fall to 214k vs exp 225k.US initial jobless claims fell -10k to 214k in the week ending December 20, below expectation of 225k. Four-week moving average of initial claims fell -750 to 217.5k.

WTI Price Forecast: Momentum improves, but downside risks linger below $60.WTI Price Forecast: Momentum improves, but downside risks linger below $60

US initial jobless claims 214K vs estimate of 225K estimate..Initial jobless claims track the weekly number of Americans filing for unemployment benefits for the first time and are one of the most timely indicators of U.S. labor-market health and overall economic momentum. Rising claims can signal increasing job losses and a slowing economy, while declining claims suggest that hiring is outpacing layoffs, pointing to underlying economic strength.

GBP/JPY Price Forecast: Overbought signals hint at a pause.GBP/JPY Price Forecast: Overbought signals hint at a pause

Crude Oil – 24.12.2025.Crude Oil managed to expand the rebound correction above 57.05 resistance while market closing from downtrend line As we see over the chart, market facing resistance zone around 59.00-40 which may keep the market inside this trading zone toward 54.80 support Above 59.40 more advance toward 62.60 may hit the market   SUPPORT RESISTANCE LEVEL1 […]

USD/JPY – 24.12.2025.USDJPY managed to met first target 156.15 while managed to break below it As we see over the chart and as advised before the drop movement may expand as long as market holding trades below resistance 156.50 where support 154.45 may push for rebound correction insdie this trading zone Above 156.50 more advance may hit […]

Biggest 2025 FX surprise: USD/JPY.It has been a bearish year for the US dollar, but the biggest surprise has been the USD/JPY pair for me in the FX space. By Christmas eve, the Dollar Index (DXY) was down 9.6% year-to-date, trading around 98.00, its weakest level since 2022.

Mexico Jobless Rate meets expectations (2.7%) in November.Mexico Jobless Rate meets expectations (2.7%) in November

Mexico Jobless Rate s.a: 2.7% (November) vs 2.6%.Mexico Jobless Rate s.a: 2.7% (November) vs 2.6%

United States MBA Mortgage Applications declined to -5% in December 19 from previous -3.8%.United States MBA Mortgage Applications declined to -5% in December 19 from previous -3.8%

Sterling steady near multi-month highs, BoE caution still top of mind.The pound held around a three-month high against a broadly softer dollar and near its firmest in two months against the euro on Wednesday, although trading was thin ahead of the Christmas holiday.

USD/JPY corrects further to near 155.80, gives up entire BoJ policy-led gains.USD/JPY corrects further to near 155.80, gives up entire BoJ policy-led gains

Rupee slips as corporate dollar bids eclipse uptick in Asian peers.The Indian rupee closed modestly ‍weaker on Wednesday as ​dollar demand from local corporates and on account of maturing ⁠positions in the non-deliverable forward (NDF) market blunted positive cues from gains in most regional peers.