下周：圣诞节前后以来美元的上行调整可能处于最后阶段。上周，美元兑G10货币基本走强，尽管强劲的数据和政府对影响美联储政策的最新尝试的漠视相结合，使其更加坚定。日本官员通过口头威胁，在干预阶梯上迈出了几步，这稳定了日元，但并没有促进复苏。

Week Ahead: Dollar's Upside Correction Since around Christmas may be in the Final Phase.The US dollar mostly consolidated against the G10 currencies last week, though the combination of firm data and the shrugging off of the latest administration attempt to influence Fed policy gave it a firmer bias.  Japanese officials have taken several steps up the intervention ladder with verbal threats and this has stabilized the yen, without facilitating much of a recovery.

日元预测：日本央行干预、选举和美联储投机推动美元/日元。美元/日元主要受到日本通货再膨胀和收益率曲线变陡的推动，美国数据退居次要地位。随着日历的平静，政治发展、日本央行的干预风险以及对谁可能领导美联储的猜测可能会决定方向，而技术专家警告称可能会出现短期峰值。

Japanese Yen Forecast: BOJ Intervention, Election and Fed Speculation to Drive USD/JPY.USD/JPY is being driven mainly by Japan's reflation push and a steepening yield curve, with U.S. data taking a back seat. With the calendar quiet, political developments, BOJ intervention risk and speculation over who may lead the Federal Reserve are likely to determine direction, while technicals warn of a possible short‑term peak.

天然气价格预测：销售压力在关键支撑位附近停滞。天然气销售压力在长期趋势支撑附近停滞，多次回撤和测量的移动目标收敛到下方，表明看跌修正可能接近尾声。

Natural Gas Price Forecast: Selling Pressure Stalls Near Key Support.Natural gas selling pressure is stalling near long-term trend support, with multiple retracements and measured-move targets converging below, suggesting the bearish correction may be nearing exhaustion.

美国商品期货交易委员会石油NC净头寸从之前的57.4K攀升至58.1K。美国商品期货交易委员会石油NC净头寸从之前的57.4K攀升至58.1K

United States CFTC Oil NC Net Positions climbed from previous 57.4K to 58.1K.United States CFTC Oil NC Net Positions climbed from previous 57.4K to 58.1K