United States of America. The US dollar is strengthening against the pound and the yen, while showing mixed performance against the euro.
By Sagar Dua EUR/USD. The euro is gaining against the U.S. dollar, with the EUR/USD pair trading near 1.1743 as markets await the outcome of the European Central Bank (ECB) meeting, scheduled to be announced today at 15:15 (GMT+2). Analysts currently do not expect any changes to the ECB’s monetary policy parameters, given relatively stable inflation risks in the region.
By Sagar Dua The US dollar shows mixed dynamics against the Japanese yen, with USD/JPY consolidating near the 155.75 level as overall market activity remains subdued. Traders are focused on data on foreign investment flows in Japanese markets: investment in foreign bonds slowed from ¥456.3 billion to ¥356.4 billion, while foreign investment in Japanese equities rose sharply from ¥132.8 billion to ¥528.3 billion, which is viewed as a positive signal for the yen.
By Sagar Dua Last week, the AUD/USD pair climbed to four-month highs near 0.6683 (Murray level [7/8]) but failed to break higher and entered a downward correction. This pullback appears to be primarily technical in nature, as the fundamental backdrop continues to favor further upside.
By Sagar Dua The euro-to-dollar exchange rate (EUR/USD) has secured gains over the course of the current month and is trading slightly above the 1.1750 level, remaining close to its highest levels in the past 11 weeks.
By Sagar Dua EUR/USD quotes are moving toward the 1.1633 target as the U.S. dollar strengthens following the release of U.S. labor market data. According to the latest figures, nonfarm payrolls increased by 64.0K in November, exceeding the forecast of 50.0K and reversing the previous decline of –105.0K. The data confirmed the effectiveness of the Federal Reserve’s actions aimed at easing borrowing conditions. However, a negative factor remains the rise in the unemployment rate from 4.4% to 4.6% in November, in line with expectations. If unemployment continues to increase, the regulator may be forced to act more decisively in terms of policy easing, which could put pressure on the U.S. currency. It is also worth noting that interest rate expectations point to the policy rate remaining unchanged at 3.75% at the January 28 meeting, with the probability of this scenario currently estimated at 75.6%, according to the CME Group FedWatch Tool. Additional support for the dollar came from retail sales data, which showed a 3.5% year-on-year increase in October after a 4.2% rise previously, beating analysts’ expectations of 2.7%.
By Sagar Dua During the Asian session, the NZD/USD pair continues its corrective move near the 0.5773 level, with bearish signals strengthening after the release of data from New Zealand.
By Sagar Dua EUR/USD. The European currency remains relatively stable in the EUR/USD pair, with the instrument consolidating near the 1.1740 level as market participants await fresh catalysts to define the next directional move.
By Sagar Dua The British pound is losing ground against the US dollar, with GBP/USD testing the 1.3400 level to the downside. At the same time, the pair remains close to its local highs recorded on October 17.
By Sagar Dua EUR/USD. The euro is gaining ground against the U.S. dollar, with EUR/USD testing the 1.1750 level. The pair is holding near its local highs from October 1 as market participants assess incoming macroeconomic data that could influence the tone of the European Central Bank’s policy meeting scheduled for December 18.
By Sagar Dua The USD/CAD pair shifted its long-term trend to the downside last week after breaking below the key support level at 1.3890, amid weakness in the US dollar following the Federal Reserve’s policy meeting.
By Sagar Dua Last week, the USD/CHF pair corrected sharply lower and tested the 0.7934 level (Murray level [2/8]), where it continues to trade after the release of the latest monetary policy decisions from the US Federal Reserve and the Swiss National Bank.
By Ihor During the morning session, the NZD/USD pair continues its corrective move, trading near the 0.5778 level. Negative sentiment toward the New Zealand dollar has strengthened after expectations of monetary tightening next year weakened. This view was confirmed by Reserve Bank of New Zealand Governor Anna Breman, who noted in the post-meeting statement that there is scope for another small interest-rate cut in early 2026.
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.
