[MARKET UPDATE] EUR/USD extends to new session highs at 1.1655 as DXY reverses earlier gains; newsflow remains light

The EUR/USD rally to new session highs at 1.1655 indicates a weakening U.S.

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[MARKET ANALYSIS] Commodities oscillate in tight ranges amid a lack of geopolitical or trade updates

Japan sells JPY 800bln 20-year JGBs; b/c 3.19x (prev. 4.10x, 12-month avg. 3.44x), average yield 3.2510% (prev. 2.916%)

[MARKET UPDATE] EUR/USD extends to new session highs at 1.1655 as DXY reverses earlier gains; newsflow remains light

[MARKET ANALYSIS] JGBs continue to fall ahead of 20-year auction

US President Trump is to deliver a special address at Davos at 13:30GMT / 08:30EST on Wednesday 21st

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Context

dollar, as reflected in the DXY's reversal of earlier gains. This movement may suggest market positioning ahead of significant economic data, or ongoing sentiments impacting demand for the euro. Given the light newsflow, the trend could be driven by technical factors or broader risk sentiment rather than fundamental shifts.

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