- Tight spreads & fast execution
- Multiple account types
- MT4/MT5 + copy-trading
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 US dollar is losing value on Forex against the yen, pound, and euro.
During the Asian session, the USD/CAD pair is trading at 1.3771 amid a weaker US dollar and positive Canadian macroeconomic statistics.
During the Asian session, the USD/CHF pair is showing moderate downward dynamics in the ultra-short-term outlook, trading at 0.7928. Investors are reluctant to open new positions ahead of the US Federal Reserve’s monetary policy meeting tomorrow at 20:00 (GMT+2), expecting a 25 basis point rate cut and updated forecasts on further policy moves this year.
The British pound is gaining in value in the GBP/USD pair during the Asian session, consolidating above 1.3600 and updating local highs from July 8 following the release of national labor market statistics. In July, employment rose by 232.0K, only 7.0K fewer than in the previous month. Jobless claims in August increased by 17.4K after –33.3K, compared with a forecast of 20.3K. Average hourly earnings excluding bonuses slowed from 5.0% to 4.8% in July, while the unemployment rate stabilized around 4.7%.
The European currency shows moderate growth on Forex during the Asian session, extending the bullish momentum formed the day before: the EUR/USD pair is testing the 1.1780 level for an upward breakout, while investors are awaiting the results of the two-day US Federal Reserve meeting, which will be released on Wednesday at 20:00 (GMT+2).
EUR/USD. The European currency is showing moderate growth during the Asian session, extending the bullish momentum formed the day before: the EUR/USD pair is testing the 1.1780 mark for an upward breakout, while investors are awaiting the results of the two-day US Federal Reserve meeting, which will be released on Wednesday at 20:00 (GMT+2).
United States of America. The U.S. dollar, including on the Forex market, is weakening against the yen, the pound, and the euro.
The USD/JPY pair is trading in the 148.85–146.33 range and may move lower under pressure from expectations of monetary easing by the U.S. Federal Reserve at its Wednesday meeting at 20:00 (GMT+2). Investors are almost certain of a 25-basis-point rate cut to 4.25%, with Fed Chair Jerome Powell likely to justify the move by pointing to a cooling labor market
EUR/USD. The euro is showing mixed dynamics against the U.S. dollar during the Asian session, consolidating near 1.1730 as market activity remains muted while traders wait for fresh catalysts.
The U.S. dollar is gaining against the Chinese yuan in the USD/CNH pair during the morning session, rebounding after a series of declines over the past two weeks. The pair is testing the 7.1160 level to the upside as investors await new catalysts. Markets continue to analyze U.S. inflation data, trying to forecast how it might influence the Federal Reserve’s decision on September 17.
The U.S. dollar is gaining against the Swiss franc in the USD/CHF pair during the Asian session, once again testing the 0.7965 level for an upward breakout while correcting after a moderate decline the previous day.
The U.S. dollar is rising against the yen and the pound but shows mixed dynamics against the euro.
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.