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United States. The US dollar is strengthening against the Japanese yen today while posting moderate losses against the euro and the British pound.
United States of America. The U.S. dollar is weakening against the euro and the pound but strengthening against the yen.
The USD/CAD pair is trading within a medium-term uptrend. Last week, the price reached a nine-month high near 1.4140 but has since begun an active downward correction over the past two sessions. The Canadian dollar is supported by strong labor market data: in October, employment increased by 66.6K versus a forecast of –5.0K, while the unemployment rate fell from 7.1% to 6.9%. Analysts believe this reflects the economy’s adaptation to tariff shocks and the ongoing global trade crisis. In addition, traders now estimate a 90% probability that the Bank of Canada will refrain from further monetary easing at its December meeting.
Forex: EUR/USD. The EUR/USD pair is gaining value, extending a strong bullish impulse formed at the end of last week. The instrument is testing the 1.1560 level for an upward breakout as traders await new market drivers.
United States of America. The US dollar is weaker against the euro, firmer versus the pound, and mixed against the yen.
During the Asian session, the GBP/USD pair is moving higher around 1.3115. The market’s focus is on the outcome of yesterday’s Bank of England meeting, where the nine-member Monetary Policy Committee narrowly voted—by a one-vote margin—to keep the Bank Rate at 4.00%. The Committee noted that although annual GDP growth stands at 3.8%, overall economic growth is stagnating. Recall that in Q2 the indicator slowed to 0.3% after a 0.7% increase in the first three months of the year, and the regulator now projects growth of 1.5% in 2025 and 1.2% in 2026.
The NZD/USD pair continues to decline within a long-term downtrend, approaching the key support level of 0.5590 amid weak macroeconomic data from New Zealand. In the third quarter, the unemployment rate rose from 5.2% to 5.3%, matching analysts’ expectations, while the change in employment came in at 0.0% versus forecasts of 0.1%. The previous figure was revised downward from –0.1% to –0.2%. Labor force participation also decreased from 70.5% to 70.3% against the projected 70.7%. These data confirm a cooling labor market, putting additional pressure on the New Zealand dollar.
During the Asian session, the USD/CAD pair is correcting around 1.4115 amid weak macroeconomic data from Canada.
The AUD/USD pair continues to correct lower within a descending trend around 0.6476, remaining under pressure from weak macroeconomic data.
United States. The U.S. dollar continues to weaken against its major rivals — the euro, the pound, and the yen.
The EUR/GBP pair is trending upward around 0.8808, with the euro gaining modest support following the release of positive macroeconomic data.
This week, the USD/CHF pair broke above the resistance level of 0.8065 and is preparing to continue its move toward the July high of 0.8150 amid the strengthening of the U.S. dollar. Investors are choosing the greenback as a safe-haven asset as instability in the United States persists due to a record-long 37-day government shutdown.
The USD/TRY pair is holding near 42.1280 as the U.S. dollar regains strength following the release of positive inflation data from Turkey on Monday.
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.