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 The EUR/GBP pair is trending upward around 0.8808, with the euro gaining modest support following the release of positive macroeconomic data.
By Sagar Dua 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.
By Sagar Dua 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.
By Sagar Dua United States of America. The US dollar weakens against the pound and shows mixed performance in pairs with the euro and the yen.
By Sagar Dua The GBP/USD pair continues to decline for the third consecutive month, trading near 1.3010 under pressure from expectations of a significant tax increase in the autumn budget to be presented later this month. Treasury chief Rachel Reeves stated that the measures outlined in the document aim to curb inflation and create conditions for monetary easing to support economic growth and improve living standards. However, experts fear that the expenses required to implement these plans will be covered not through external borrowing but by raising the tax burden by £26–30 billion. This may include adjustments to income tax and VAT, potentially hurting businesses by discouraging investment and prompting workforce reductions.
By Sagar Dua Amid the positive momentum of the U.S. dollar, the USD/JPY pair is trading near 153.54, while the yen shows renewed stability supported by recent macroeconomic data.
By Sagar Dua The EUR/USD pair remains in a corrective phase, trading near 1.1489. The euro continues to struggle to regain ground, as current macroeconomic data is not yet strong enough to challenge the ongoing uptrend of the U.S. dollar.
By Sagar Dua United States of America. The U.S. dollar is gaining against the euro and the pound but weakening versus the yen.
By Sagar Dua Last week, the USD/JPY pair climbed to its February high of 154.47 as the U.S. dollar strengthened sharply amid expectations of a potential “hawkish reversal” by the Federal Reserve. During the latest meeting, the Fed cut the benchmark interest rate by 25 basis points to 4.00%. However, Fed Chair Jerome Powell later stated that another rate cut in December is not guaranteed, emphasizing the need to pause and assess the economic impact of previous decisions. This cautious tone disappointed investors and weakened confidence in the prospect of further monetary easing this year.
By Sagar Dua The USD/CNH pair is consolidating around 7.1258, preparing to extend its upward trend amid U.S. dollar strength and mixed macroeconomic data from China.
By Sagar Dua United States of America. The U.S. dollar is rising against the euro, the pound, and the yen.
By Sagar Dua During the Asian session, the USD/JPY pair trades near 154.17, staying within an ascending channel between 156.00 and 148.00. The yen is weakening after the Bank of Japan decided to keep its key rate at 0.50%, despite consumer inflation remaining above the 2.0% target for 41 consecutive months — a result broadly in line with Reuters’ analyst expectations.
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.
