Since there are scarcity economic news releases during today’s session, we decided to outline the most important releases for this week:
Tuesday: We kick off the week with the United States trade balance for August, EIA’s short term energy outlook report and Canada’s Ivey PMI for September.
Wednesday: In the early hours of the Asian session, we highlight the Reserve Bank of New Zealand’s interest rate decision, from Eurozone we note the speech of ECB President Lagarde and from the US we note the latest FOMC minutes for the September meeting.
Thursday: We note the ECB’s respective meeting minutes, the preliminary Atlanta Fed GDPnow print for the third quarter of 2025 and the speech from Fed Chair Powell.
Friday: Lastly Friday, we close the show with the United State’s delayed Non-Farm Payrolls report of September as the US government shutdown continues, alongside Canada’s employment report and the preliminary University of Michigan’s leading indicators for the consumer expectations, consumer sentiment and inflation expectations metrics.
Technical Analysis
USDJPY Chart – The Japanese Yen slumps by almost 2% after fiscal dove Takaichi wins PM election in Japan
Resistance: 151.30 (R1), 154.40 (R2), 156.80 (R3)
Support: 148.80 (S1), 146.60 (S2), 144.50 (S3)