A1 TRADING | Indices, Commodities, Forex, Futures

BoJ Officials Say No Level in Mind, It's About Speed USD/JPY continues to push higher, with the yen sliding to its weakest levels since July 2024 as political risk in Japan takes center stage. Reports that Prime Minister Takaichi may dissolve the lower house ahead of elections have weighed on the yen, as markets price in the “Takaichi trade” — more fiscal stimulus, higher bond yields, stronger equities, and a weaker currency. Intervention risk is now firmly on the radar. Traders are eyeing the 160 level as a key psychological zone, though officials have stressed it’s less about the exact level and more about the speed of depreciation. Japan’s finance ministry has already flagged concerns with U.S. counterparts, keeping the threat of direct action very much alive. - Alan

U.S. Yields, Fed Path Still Unclear U.S. 10-year yields eased to around 4.17%, pulling back from session highs as inflation data kept the door open for Fed cuts later this year. Core inflation failed to re-accelerate in December, while headline CPI held at 2.7%, easing immediate pressure on the Fed. That said, firmer core services inflation continues to give hawkish FOMC members ammunition, especially with the labor market remaining stable in a low-hiring, low-firing regime. Markets remain split between two or three rate cuts this year, more than the Fed currently projects. Also, political pressure on Chair Powell and uncertainty around future FOMC leadership are helping keep the Treasury curve steep. - Alan

Live stream started

🏆 Top Prop Firm For Beginners: Maven Trading Maven Trading is ranked among the top firms worldwide and offers some of the best conditions in the industry: ✅ Instant payouts ✅ No swap fees ✅ Top 3 rated firm globally ✅ Industry's lowest prices 💡 Plus, get 5% off with code: A1TRADING5 👉Sign up today and start trading with Maven!

Also a good chance to checkout the new EdgeFinder feature: Asset Scorecard!

Also a good chance to checkout the new EdgeFinder feature: Asset Scorecard!

Gold Daily Chart: Gold hits a record high as federal prosecutors open criminal investigation into the fed + Jerome Powell. Uncertainties around the US government, a softening jobs market, and expectations of rate cuts continue to fuel the rally. Fundamentals matter! I've trailed my stop loss below the prior all time high, and continue to monitor this position. This has quickly turned into one of my personal records on a trade... let's see if it wants to keep running. Any changes or updates will be notified to VIP members. - Nick

🏆EDGEFINDER GIVEAWAY Enter for a chance to win We’re giving one trader free access to the EdgeFinder to kick off 2026 with a real edge. If your goal this year is to trade with more clarity, confidence, and context, this is for you. Here’s what the EdgeFinder can help you accomplish in 2026: • Identify higher-quality trade environments using fundamentals & sentiment data • See where institutions are positioned before you take a trade • Avoid trading against major macro flows • Add confirmation to your technical setups without overcomplicating your process 👉ENTER NOW for a chance to win Winner will be announced January 16, 2026

Live stream finished (2 hours)

We need your help! We are trying to find a good name for this new tab. If you'd like to cast your vote on the right name for this, please do so with the link below: https://forms.gle/dxnA816hwRkoEyN56

Yen Stays Pressured as Japan Faces Political and Policy Uncertainty The yen remains under pressure near the 158 level as Japan heads into a politically and macro-heavy week. Reports that Prime Minister Takaichi may call a snap election in early February have added a layer of political uncertainty, while mixed domestic data continues to complicate the Bank of Japan’s tightening path. BOJ Governor Ueda has reiterated that rate hikes remain on the table if inflation and growth evolve as expected, but the approach remains cautious and data-dependent. With key releases ahead—including current account data, producer inflation, and business sentiment—markets will be watching closely for signals that could influence both BOJ policy expectations and near-term JPY price action. - Alan