Quiet price action provides no fresh clues; New Zealand Dollar (NZD) is likely to trade in a range between 0.5725 and 0.5755. In the longer run, for the time being, NZD is likely to trade in a range between 0.5720 and 0.5805, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. 🔗 Source 💡 DMK Insight The NZD’s tight trading range suggests indecision among traders, and here’s why that’s crucial right now: With the New Zealand Dollar hovering between 0.5725 and 0.5755, traders should be cautious. This narrow band indicates a lack of momentum, likely driven by mixed economic signals and global market uncertainty. If the NZD breaks below 0.5720, it could trigger a wave of selling, while a push above 0.5805 might attract buyers looking for a reversal. Keep an eye on key economic indicators from New Zealand and Australia, as they could influence this range. Additionally, the broader forex market’s response to U.S. economic data will play a significant role in determining the NZD’s next move. But don’t overlook the potential for volatility; if the NZD starts to trend outside this range, it could lead to rapid price movements. Watch for any shifts in sentiment or unexpected news that could break this stalemate. The real story is that while the NZD seems stable now, the market’s underlying tensions could lead to significant opportunities for those ready to act. 📮 Takeaway Monitor the NZD closely; a break below 0.5720 could signal a sell-off, while a rise above 0.5805 may attract buyers.

Eurozone Industrial Production s.a. (MoM) registered at 0.7% above expectations (0.5%) in November 🔗 Source 💡 DMK Insight Eurozone’s industrial production just beat expectations, and here’s why that matters: A 0.7% increase in November, surpassing the 0.5% forecast, signals stronger economic momentum in the Eurozone. For traders, this could mean a potential uptick in the euro against major currencies, especially if this trend continues into the next quarter. Keep an eye on related assets like EUR/USD, as a bullish sentiment could push the pair above key resistance levels. If the euro strengthens, it might also impact commodities priced in euros, like oil and gold, making them more expensive for Eurozone buyers. But don’t get too carried away. While this data is positive, it’s essential to consider the broader economic context, including inflationary pressures and central bank policies. If the ECB tightens monetary policy too quickly in response to this data, it could lead to volatility. Watch for any comments from ECB officials in the coming days that might hint at their next moves. 📮 Takeaway Monitor EUR/USD for potential bullish moves; a break above key resistance could signal further euro strength.

Eurozone Trade Balance n.s.a. below forecasts (€15.2B) in November: Actual (€9.9B) 🔗 Source 💡 DMK Insight The Eurozone’s trade balance falling short of expectations is a red flag for traders: With the actual figure at €9.9B compared to forecasts of €15.2B, this discrepancy signals potential weakness in the region’s economic recovery. A lower trade balance can indicate reduced export demand or increased imports, both of which could pressure the euro against major currencies. Traders should watch how this impacts the EUR/USD pair, especially if it breaks below key support levels. Additionally, this news could ripple through related markets, particularly commodities and equities linked to Eurozone exports. If the trend continues, we might see shifts in monetary policy expectations from the European Central Bank, which could further influence market sentiment. Keep an eye on upcoming economic indicators and any comments from ECB officials that might provide insight into their response to this data. 📮 Takeaway Watch the EUR/USD closely; a drop below key support levels could signal further euro weakness amid disappointing trade balance figures.

Eurozone Industrial Production w.d.a. (YoY) came in at 2.5%, above forecasts (2%) in November 🔗 Source 💡 DMK Insight Eurozone’s industrial production beating forecasts is a bullish signal for traders right now. At 2.5%, the YoY growth surpasses the expected 2%, indicating stronger economic activity. This could lead to increased demand for the euro, especially if the trend continues. Traders should keep an eye on the EUR/USD pair, as a sustained rally above key resistance levels could trigger further buying. Additionally, this uptick might influence the ECB’s monetary policy, potentially leading to tighter rates sooner than expected. If the euro strengthens, it could also impact commodities priced in dollars, like oil and gold, making them more expensive for European buyers. However, it’s worth noting that while this data is positive, global economic uncertainties remain. If inflation pressures persist, the ECB might still tread carefully. Watch for any comments from ECB officials in the coming days that could provide insight into their policy direction. A close above 1.10 in EUR/USD could signal a stronger bullish trend, while a drop below 1.08 might indicate a reversal. 📮 Takeaway Monitor EUR/USD closely; a break above 1.10 could signal a bullish trend, while below 1.08 suggests caution.

Eurozone Trade Balance s.a. declined to €10.7B in November from previous €14B 🔗 Source 💡 DMK Insight The drop in the Eurozone Trade Balance to €10.7B from €14B is a red flag for traders. This decline signals potential weakening in export demand, which could impact the euro’s strength against major currencies. A shrinking trade surplus often leads to concerns about economic health, especially as inflationary pressures persist. Traders should keep an eye on how this affects the euro, particularly against the USD, as a weaker euro could lead to increased volatility in forex markets. If the euro breaks below key support levels, say around 1.05 against the dollar, we might see a sharper sell-off. On the flip side, if the market overreacts, there could be a buying opportunity for those looking to capitalize on a rebound. Watch for upcoming economic indicators, especially from Germany, as they could provide further context on the trade balance’s implications. The next few weeks will be crucial for gauging market sentiment and potential reversals. 📮 Takeaway Monitor the euro’s performance against the USD; a break below 1.05 could trigger significant selling pressure.

Spain 3-y Bond Auction rose from previous 2.217% to 2.342% 🔗 Source 💡 DMK Insight Spain’s 3-year bond auction yield climbing to 2.342% is a signal for traders to watch closely. This uptick from 2.217% suggests increasing borrowing costs, which could reflect rising inflation expectations or a shift in investor sentiment. For forex traders, this could impact the euro, especially if yields continue to rise, as higher yields often attract foreign investment, strengthening the currency. Additionally, if this trend persists, it may lead to broader implications for the European bond market and influence the ECB’s monetary policy decisions. Keep an eye on the 2.35% level; a break above could indicate further upward pressure on yields. On the flip side, if the market reacts negatively to these rising yields, we might see a flight to safety, impacting equities and potentially driving investors back to lower-risk assets. Watch how the market responds in the coming days, especially with upcoming economic data releases that could further influence sentiment. 📮 Takeaway Monitor the 2.35% level on Spain’s 3-year bonds; a breakout could signal further yield increases and impact the euro.

The Eurozone industrial sector activity rises at a steady pace of 0.7% in November, faster than estimates of 0.5%, according to data published by Eurostat on Wednesday. October’s Industrial Production data was revised lower to 0.7% from 0.8%. 🔗 Source 💡 DMK Insight Eurozone industrial activity is picking up steam, and here’s why that matters: A 0.7% increase in November, beating the 0.5% estimate, signals stronger economic momentum. This uptick could influence the ECB’s monetary policy decisions, especially if sustained, as it may lead to a shift in interest rate expectations. Traders should keep an eye on the EUR/USD pair, as a robust industrial sector often supports the euro. If the euro strengthens, it could impact related markets like commodities priced in euros, such as oil and gold. On the flip side, the revision of October’s data from 0.8% to 0.7% raises questions about the sustainability of this growth. Are we seeing a temporary bounce or a genuine recovery? Watch for upcoming economic indicators, particularly the PMI data, which could provide further insight into the industrial sector’s health. A sustained increase above 0.7% could solidify bullish sentiment for the euro, while any signs of weakness might trigger a pullback. Keep your charts ready for key levels around 1.05 and 1.07 on EUR/USD as potential breakout points. 📮 Takeaway Monitor the EUR/USD pair closely; a sustained industrial growth above 0.7% could push the euro higher, targeting levels around 1.05 and 1.07.

Energy markets reacted sharply to a pullback in US-Iran tensions, with Brent crude dropping 5%, highlighting investor caution amid geopolitical swings. 🔗 Source 💡 DMK Insight Brent crude’s 5% drop signals a critical moment for energy traders: geopolitical tensions can swing prices dramatically. With US-Iran relations easing, traders might be reassessing their long positions, especially if they were banking on sustained volatility. This pullback could indicate a shift in sentiment, prompting a closer look at technical levels around $80, which has been a pivotal support zone. If prices stabilize below this level, we could see further downside, potentially dragging related assets like WTI crude along with it. But here’s the flip side: if tensions flare up again, or if OPEC+ decides to cut production further, we could see a rapid reversal. Keep an eye on the daily charts for any bullish reversals or bearish continuations. Watch for trading volumes to confirm any new trends, as low volume could signal a lack of conviction in the current price action. 📮 Takeaway Monitor Brent crude around the $80 support level; a break below could lead to further declines, while geopolitical shifts may spark volatility.

The New York Times (NYT) reported during European trading hours on Thursday that the United States (US) is pressing Mexico to allow its military forces to fight against drug cartels. 🔗 Source 💡 DMK Insight So the U.S. is pushing Mexico to let its military tackle drug cartels, and here’s why that matters: geopolitical tensions can ripple through markets, especially in commodities and currencies. If Mexico’s security situation deteriorates, it could lead to increased volatility in the peso and impact U.S. trade relations. Traders should keep an eye on the Mexican peso’s performance against the dollar; any significant weakness could signal broader economic instability. Additionally, this move might affect oil prices, given Mexico’s role as a significant oil producer. If cartel violence disrupts production or transportation, we could see a spike in crude prices. Watch for any shifts in the WTI and Brent benchmarks as this situation develops. The real story is how these geopolitical maneuvers can create unexpected trading opportunities or risks, particularly for those involved in forex and commodity markets. Keep an eye on the peso’s resistance levels and any news updates that could shift market sentiment. 📮 Takeaway Monitor the Mexican peso against the dollar for volatility; any weakness could indicate broader economic instability linked to U.S.-Mexico tensions.

Silver has rallied more than 25% since the start of 2026, extending the powerful uptrend that began in mid-2025. 🔗 Source 💡 DMK Insight Silver’s 25% rally since early 2026 is a big deal for traders: here’s why. This surge isn’t just a blip; it reflects a broader trend that started in mid-2025, likely fueled by ongoing economic uncertainty and inflation fears. Traders should note that such significant gains often attract both retail and institutional interest, potentially leading to increased volatility. If silver can maintain momentum above key resistance levels, it could trigger further buying pressure. Watch for any pullbacks around these levels to gauge market sentiment. But here’s the flip side: if the broader market shifts, especially with interest rates or economic indicators, silver could face a sharp correction. Keep an eye on correlated assets like gold, which often moves in tandem with silver. The next few weeks will be crucial—monitor the $25 and $27 levels closely, as they could dictate the next phase of this rally or signal a reversal. 📮 Takeaway Watch silver closely around the $25 and $27 levels; a break above could lead to further gains, while a drop below may signal a reversal.