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 USD/JPY pair is consolidating near 151.15 in a sideways trend as the yen returns to neutral momentum after last week’s decline. The correction follows the victory of Japan’s Liberal Democratic Party in parliamentary elections, which nominated Sanae Takaichi as prime minister. Known for her dovish stance and continuity with former leader Shinzo Abe, her appointment signals that any monetary tightening by the Bank of Japan could once again be postponed.
By Sagar Dua EUR/USD. The euro resumed its upward movement this week and is currently trading near 1.1660, supported by expectations of further monetary easing voiced by several Federal Reserve officials over the past few days.
By Sagar Dua GBP/USD. The pound is strengthening against the U.S. dollar, holding near the local highs reached on October 7, as investors focus on UK macroeconomic data. The country’s GDP rose by 0.1% in August, as expected, after a decline of –0.1% in the previous month. Industrial production increased by 0.4% m/m after a 0.4% fall earlier, while the annual figure corrected to –0.7% from –0.1%. The services activity index remained stable at 0.4%.
By Sagar Dua EUR/USD. The euro is gaining against the U.S. dollar in EUR/USD, continuing the bullish leg that formed on Tuesday. The pair is testing 1.1655 for an upside breakout as investors digest macroeconomic data.
By Sagar Dua The U.S. dollar is actively declining against the Japanese yen, testing the 152.00 mark for a downside breakout and updating local lows from October 7. The instrument remains under pressure from political uncertainty as the government shutdown enters its third week. It was reported today that the Senate has rejected the Republican Party’s temporary government funding bill for the eighth time: 49 senators voted against, 45 in favor, while 60 votes were required for approval.
By Sagar Dua EUR/USD. The euro is gaining against the U.S. dollar in EUR/USD, extending a corrective move and attempting to hold above 1.1600, while the fundamental backdrop in the market is changing only marginally.
By Sagar Dua United States. The US dollar is gaining against the euro and pound but weakening versus the yen.
By Sagar Dua During the morning session, the USD/CHF pair is holding near 0.8030. Market activity remains subdued as U.S. trading floors were closed on Monday due to national holidays, and key macroeconomic reports remain suspended amid a two-week-long government shutdown.
By Sagar Dua The GBP/USD pair is correcting near 1.3348, supported by positive macroeconomic data.
By Sagar Dua The Australian dollar is weakening against the U.S. dollar in the Asian session, retreating after Monday’s brief correction and testing the 0.6480 level. Some support for the pair comes from the minutes of the Reserve Bank of Australia’s (RBA) September meeting, where policymakers kept the cash rate unchanged at 3.60% — the lowest level since April 2023. The document confirmed that inflation remains within the 2.0–3.0% target range, though a moderate rise in consumer prices is possible in Q4 amid deteriorating global conditions due to geopolitical instability and aggressive tariff policy from the Republican U.S. administration. Last week, President Donald Trump announced new 100% import tariffs on Chinese goods in response to Beijing’s restrictions on access to rare earth metals.
By Sagar Dua The euro is gaining in the EUR/USD pair, recovering after yesterday’s bearish impulse. The instrument is testing the 1.1567 level for a possible breakout to the upside as traders assess Germany’s latest inflation data.
By Sagar Dua United States. The U.S. dollar is strengthening against the euro and yen but shows mixed dynamics in the pair with the pound.
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.
