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 USD/CAD resumed its advance last week and is trading near 1.3900, supported by diverging expectations for Bank of Canada and Federal Reserve monetary policy.
By Sagar Dua As the Middle East conflict enters a new phase, the number of factors influencing USDX—the index that measures the U.S. dollar against a basket of major currencies—has increased again. Conditions in the Treasury market and Federal Reserve policy are now joined by a worsening global energy shock and strong demand for safe, liquid assets.
By Sagar Dua USD/CHF is trading near 0.8094 as the US Dollar makes a modest recovery, although the Swiss franc remains broadly stable against other major currencies.
By Sagar Dua GBP/USD opened the week on a firmer note and recovered towards 1.3550, reversing part of Friday’s decline following Federal Reserve Chair Kevin Warsh’s speech at the Jackson Hole Economic Policy Symposium.
By Sagar Dua After the U.S. dollar strengthened at the end of last week, the EUR/USD pair slowed its upward movement somewhat. Today, amid renewed dollar weakness, the asset is correcting near the 1.1603 level.
By Sagar Dua Last week, the USD/JPY pair resumed its upward movement and tested the upper Bollinger Band at 160.15 (Murray level [5/8]), supported by hawkish comments from U.S. Federal Reserve official Kevin Warsh.
By Sagar Dua The US dollar strengthened against the euro, sterling and yen ahead of Kevin Warsh’s Jackson Hole speech on August 28. The Australian dollar outperformed its major peers, while oil slipped as traders weighed Washington’s shift towards economic pressure on Iran.
By Sagar Dua EUR/USD has retreated from its recent highs after rising for most of the past month. The pair is trading near 1.1640 as firm US inflation and labor-market data support the Dollar, although expectations of another European Central Bank rate increase are limiting the decline.
By Sagar Dua AUD/USD extended its recovery towards 0.7199 on Friday, supported by strong Australian household spending and growing expectations of another Reserve Bank of Australia rate increase. The pair briefly reached 0.7205, its highest level in three months.
By Sagar Dua USD/CAD is trading near 1.3852 as uneven US Dollar performance and unexpectedly strong Canadian economic data offset the latest escalation in the trade dispute between Washington and Ottawa.
By Sagar Dua EUR/USD has been advancing since the beginning of the month and recently reached a three-month high near 1.1710. The rally accelerated after the US Treasury announced that it would raise the maximum size of long-end liquidity-support buybacks from $2.0 billion to at least $4.0 billion per operation. However, the pair later surrendered part of its gains and is currently trading near 1.1655.
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.
