United States. The US dollar is strengthening against the Japanese yen today while posting moderate losses against the euro and the British pound.
By Sagar Dua The GBP/USD pair is correcting around the 1.3257 level following the publication of the UK government budget plan by Chancellor of the Exchequer Rachel Reeves, which increases tax revenues by £26.0 billion to 38.0% of gross domestic product (GDP).
By Sagar Dua This week, the EUR/USD pair is correcting higher toward the medium-term downtrend as a possible divergence in the monetary policy paths of the European Central Bank (ECB) and the U.S. Federal Reserve plays out, with the price testing 1.1597 (Murrey level [2/8]).
By Sagar Dua EUR/USD. The euro is gaining ground against the US dollar, testing the 1.1600 level to the upside. The pair is preparing to end the current week with a fairly solid gain, while the main driver behind the correction in the greenback remains expectations of a Federal Reserve rate cut as early as the December meeting. According to the CME Group FedWatch Tool, the probability of such a scenario currently stands at 85.0%.
By Sagar Dua EUR/USD. The euro is showing mixed dynamics against the U.S. dollar, consolidating near the 1.1600 level. The pair is developing an upward impulse formed earlier amid expectations of a potential decline in U.S. Federal Reserve borrowing costs.
By Sagar Dua Deutsche Bank believes the British Pound is positioned for a short-term relief rally on Wednesday, provided that the government’s budget avoids negative surprises related to gilt issuance, near-term deficit projections, and the amount of remaining fiscal headroom.
By Sagar Dua EUR/USD. The euro is gaining in the EUR/USD pair, developing a weak bullish momentum formed the day before and testing the 1.1515 level for an upside breakout, while investors are waiting for new catalysts that could clarify the outlook for the European Central Bank’s (ECB) monetary policy.
By Sagar Dua The US dollar is trading with near-flat dynamics against the Japanese yen around 156.63. The pair ended last week with moderate gains and also managed to обновить record January highs.
By Sagar Dua EUR/USD. The euro shows modest gains against the US dollar, correcting after the predominantly bearish movement of last week, which led to a renewal of the local lows from November 6. Market participants and forex traders are in no hurry to open new positions, waiting for fresh drivers to emerge.
By Sagar Dua EUR/USD. The euro is trading mixed against the US dollar in the EUR/USD pair, consolidating near 1.1530 as investors wait for the release of November business activity data from S&P Global and Hamburg Commercial Bank (HCOB) at 11:00 (GMT+2).
By John Isige This week, the EUR/USD pair is moving lower, attempting to consolidate below 1.1536 (Murray level [1/8]) amid signs that the Federal Reserve is stepping back from further monetary easing.
By Sagar Dua EUR/USD. The euro is losing ground against the US dollar, extending a short-term bearish trend. The pair is testing the 1.1520 level to the downside as traders await key US labour-market data due at 13:30 GMT, which had been delayed by the record-long government shutdown.
By Sagar Dua The GBP/USD pair found support near 1.30, but the recovery stalled around 1.32 before the price started drifting lower again.
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.
