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 USD/JPY gained 1.27% over the week, testing resistance at 148.85 as the U.S. dollar extended its advance. Momentum is supported by expectations for Friday’s U.S. nonfarm payrolls (14:30 GMT+2), projected to rise from 73k to 74k, which could push the dollar index (USDX) toward resistance at 100.65–99.15.
By Sagar Dua The euro forex weakens against the U.S. dollar, testing 1.1630 on downside momentum. Traders await eurozone PMI (10:00 GMT+2) and PPI (11:00 GMT+2), with forecasts pointing to a slowdown. Recent inflation data surprised to the upside at 2.3% y/y. The ECB has nearly completed its easing cycle, with markets pricing only one more 25 bp cut by year-end. Retail sales due Thursday are expected weaker. Meanwhile, USD strength is capped by Fed cut expectations, with a 92% chance of a 25 bp move at the September 17 FOMC.
By Sagar Dua During the Asian session, the U.S. Dollar Index (USDX), which tracks the greenback against a basket of major currencies, consolidated near yesterday’s highs. Market sentiment remains neutral as traders await key U.S. macro data that will shape the Federal Reserve’s policy path at the September 17 FOMC meeting.
By Sagar Dua The U.S. dollar shows mixed trade versus the Swiss franc, consolidating near 0.8050 in early dealings. Activity remains subdued as traders wait for fresh U.S. catalysts. Later today (20:00 GMT+2), the Fed’s Beige Book will give a regional read on business conditions ahead of the September 17 FOMC. CME FedWatch implies ~92% odds of a 25 bp cut; cumulative easing by September 2026 is priced near –125 bp, barring upside surprises in the data.
By Sagar Dua The U.S. dollar continues to gain ground against the Canadian dollar, pushing higher during the morning session and testing the 1.3800 mark. The bullish momentum, which began earlier this week, picked up pace on Tuesday as global bond yields strengthened, supporting demand for the greenback.
By Sagar Dua The U.S. dollar is gaining against its main peers—the euro, yen, and pound.
By Sagar Dua Last week, the USD/CAD pair resumed its decline and on Friday reached four-week lows around 1.3726: the weakening of the U.S. dollar was linked to growing uncertainty over the Federal Reserve’s next steps.
By John Isige The U.S. dollar is weakening against the euro and the pound, while showing mixed performance versus the yen.
By Sagar Dua In the forex market, the EUR/USD pair is rising in the Asian session, extending last week’s bullish momentum as the U.S. dollar comes under pressure from expectations of lower borrowing costs by the Federal Reserve. According to CME Group’s FedWatch Tool, there is an 80.0% probability of a 25 bp cut at the September 17 meeting. The Fed could cut two more times by the end of 2025 and by a total of 125 bp by September 2026.
By Sagar Dua The Australian dollar is showing mixed momentum against the U.S. dollar in the Asian session, refreshing local highs from August 14. Trading remains cautious with U.S. markets closed for Labor Day, while attention stays on data from Australia and China. The S&P Global Australia Manufacturing PMI rose from 52.9 to 53.0 in August. Building permits fell 8.2% m/m in July after a 12.2% increase the prior month, and slowed from 27.4% to 6.6% y/y. On Wednesday at 03:30 (GMT+2), Q2 GDP for Australia is due; markets forecast an acceleration from 0.2% to 0.5% q/q. In China, the manufacturing PMI improved from 49.5 to 50.5. Over the weekend, the National Bureau of Statistics (NBS) reported its own readings: manufacturing rose from 49.3 to 49.4 (vs. 49.5 expected) and services/construction ticked up from 50.1 to 50.3.
By Sagar Dua The U.S. dollar is once again trading mixed against the Japanese yen, attempting to hold above the psychological level of 147.00. The pair remains under pressure from expectations that the Federal Reserve will continue cutting borrowing costs. On September 17, investors anticipate a 25-basis-point rate cut with around an 80% probability, amid relatively stable consumer inflation and signs of a slowing U.S. economy.
By Sagar Dua This week, the USD/CAD pair lost 0.56%, dropping to 1.3755 amid positive Canadian data and rising oil prices.
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.
