The US dollar is strengthening against the yen and euro while showing mixed performance against the pound.
By Sagar Dua Against the backdrop of unstable dynamics in the US dollar, USD/CAD is correcting near 1.3835 under pressure from Canadian macroeconomic data.
By Sagar Dua EUR/USD is trading near 1.1625 as the U.S. dollar weakens, supported by growing expectations that the European Central Bank could tighten monetary policy again this year.
By Sagar Dua USD/CAD resumed its advance last week and is trading near 1.3900, supported by diverging expectations for Bank of Canada and Federal Reserve monetary policy.
By Sagar Dua As the Middle East conflict enters a new phase, the number of factors influencing USDX—the index that measures the U.S. dollar against a basket of major currencies—has increased again. Conditions in the Treasury market and Federal Reserve policy are now joined by a worsening global energy shock and strong demand for safe, liquid assets.
By Sagar Dua USD/CHF is trading near 0.8094 as the US Dollar makes a modest recovery, although the Swiss franc remains broadly stable against other major currencies.
By Sagar Dua GBP/USD opened the week on a firmer note and recovered towards 1.3550, reversing part of Friday’s decline following Federal Reserve Chair Kevin Warsh’s speech at the Jackson Hole Economic Policy Symposium.
By Sagar Dua After the U.S. dollar strengthened at the end of last week, the EUR/USD pair slowed its upward movement somewhat. Today, amid renewed dollar weakness, the asset is correcting near the 1.1603 level.
By Sagar Dua Last week, the USD/JPY pair resumed its upward movement and tested the upper Bollinger Band at 160.15 (Murray level [5/8]), supported by hawkish comments from U.S. Federal Reserve official Kevin Warsh.
Forex analysis helps traders figure out where a currency pair might move next and guides their trading decisions. It’s a daily tool for planning entries and exits, based on two main approaches. Fundamental analysis looks at the broader economy: growth, inflation, and especially central bank policy on interest rates. Technical analysis studies past price movements, chart patterns, and signals that tend to repeat over time. Together, these methods give traders a clearer picture of the market and improve decision-making.
