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 U.S. dollar is weakening against the Japanese yen, testing the 147.00 mark on a downside breakout. The pair remains pressured by rising expectations of a Federal Reserve rate cut at the September 17 meeting. Markets largely anticipate a –25 bps adjustment as economic conditions deteriorate and the labor market shows faster cooling, as reflected in Friday’s August jobs report.
By Sagar Dua The Australian dollar is gaining against the U.S. dollar in the AUD/USD pair, holding near 0.6607 during the Asian session and updating local highs from July 24. The focus remains on economic data.
By Sagar Dua The U.S. dollar is losing ground against the yen, euro, and pound on the forex market.
By Sagar Dua The USD/JPY pair is trading around 147.71, showing a correction within an overall uptrend after Japan’s Prime Minister Shigeru Ishiba announced his resignation. The news followed the July Upper House elections, where the Liberal Democratic Party lost significant ground, dropping from 75 to just 47 seats. For forex traders, the political shift highlights growing uncertainty that could weigh on monetary policy expectations in Japan.
By Sagar Dua The EUR/USD pair trades near 1.1720, holding steady as forex traders await the outcome of Thursday’s ECB meeting at 14:15 (GMT+2).
By Sagar Dua During the Asian session, USD/CHF is holding near 0.7956, trading below the resistance line of the descending channel with dynamic boundaries of 0.8150–0.7600, consolidating after the release of Switzerland’s August inflation data last Thursday.
By Sagar Dua During the Asian session, NZD/USD is trading at 0.5902 as the New Zealand dollar strengthens, despite weak national housing market data. In Q2, total construction output fell from 1.3% to –1.8% y/y, with residential building down from 2.8% to –2.9% and non-residential from 1.3% to –0.4%. The value of work contracted by –9.1% to NZD 4.8 billion for residential and –7.5% to NZD 3.1 billion for non-residential projects. Seasonal factors explain much of the decline, limiting its impact on the currency.
By Sagar Dua During the Asian session, the USD/CAD pair shows mixed movement, consolidating near 1.3830. Market activity remains moderate as investors continue to digest Friday’s labor market data.
By Sagar Dua During the Asian session, the USD/CAD pair shows mixed movement, consolidating near 1.3830. Market activity remains moderate as investors continue to digest Friday’s labor market data.
By Sagar Dua The pound is trading with near-zero momentum in the GBP/USD pair during the morning session, holding above 1.3510. The instrument received support last Friday when the U.S. dollar came under pressure after weak labor market data.
By Sagar Dua EUR/USD The euro is gaining in the EUR/USD pair during the Asian session, extending the bullish momentum formed at the end of last week
By Sagar Dua This week, GBP/USD has shown mixed performance: the pair first dropped toward 1.3330 but later recovered part of its losses and is now trading near the middle line of the Bollinger Bands.
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.
