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Another week where bets on the potential timing of interest rate cuts by the Federal Reserve dominated the headlines in the FX universe.

Gold price (XAU/USD) recovers some lost ground during the early Asian session on Friday.

The NZD/USD pair trades on a positive note during the early Asian session on Friday.

The Japanese Yen (JPY) oscillates in a narrow trading band against its American counterpart during the Asian session on Friday and reacts little to domestic consumer inflation figures, which eased as expected in December.

The +216K headline NFP number doesn’t square with the HS’s and a loss of full-time jobs. Labor markets have loosened, and, in our view, have a rocky near-term future.

The much-anticipated Consumer Price Index (CPI) was released this week. For those seeking evidence that inflation will soon be back at the Fed's target level, it wasn't the triumph it might have been. Even so, rates managed to move lower. Mortgage rates and, indeed, most rates are determined by trading levels in the bond market.  Bond yields/rates move higher when inflation is high, and the market has been waiting on signs of lower inflation before trad...

The jobs report was weak. The headline NFP number doesn’t square with the HS’s and a loss of full-time jobs. Labor markets have a rocky near-term future.

“What do you call a Christmas wreath made out of $100 bills? Aretha Franklins.” It’s cutting-edge humor like this that keeps readers coming back for more, right? Or astronomy tips, as today is the Winter Solstice, with the least amount of sunlight in the Northern Hemisphere and a little music to go along with it. “The winter is here again, oh Lord. Haven't been home in a year or more.” (Look at that hair!) Lenders and vendors are hoping that the decline...

During Wednesday's Asian session, Japan will release trade data.