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 After strong gains last week, the USD/JPY pair is correcting toward the 146.33 support level as the likelihood of tighter monetary policy from the Bank of Japan increases.
By Sagar Dua EUR/USD. The euro shows mixed dynamics in the EUR/USD pair during the Asian session, consolidating around 1.1735. Market activity remains subdued as investors avoid opening new positions ahead of the potential release of U.S. labor market data on Friday at 14:30 (GMT+2). However, the report may be delayed due to the government shutdown, as Republicans and Democrats failed to agree on the new fiscal year budget.
By Sagar Dua This week, the EUR/USD pair is regaining lost ground, testing the middle line of the Bollinger Bands near 1.1750. The U.S. dollar has come under pressure following reports of a government shutdown starting today, after Republicans and Democrats failed to reach an agreement on additional funding due to disagreements over extending Obamacare tax credits.
By Sagar Dua GBP/USD. The pound is trading higher on the Forex market in the GBP/USD pair during the morning session, recovering losses from the middle of last week. The instrument is testing 1.3465 for an upside breakout as investors discuss a potential U.S. government shutdown after lawmakers failed to agree on budget details.
By Sagar Dua The US dollar is weakening against the Japanese yen in Asian trading, extending its bearish streak and updating local lows from September 24. Market focus remains on business activity data.
By Sagar Dua EUR/USD. The euro is strengthening against the U.S. dollar on Forex during the morning session, extending a short-term bullish trend. The pair is testing the 1.1760 mark for a potential breakout to the upside as traders await September inflation data from the eurozone, scheduled for release at 11:00 (GMT+2).
By Sagar Dua The U.S. dollar is losing ground on Forex today against major peers — the euro, pound, and yen.
By Sagar Dua This week, the GBP/USD pair resumed its upward momentum, regaining earlier losses and trading around 1.3440. The pound found moderate support after the release of Q2 UK GDP data, which showed growth slowing from 0.7% to 0.3% on a quarterly basis, while annual growth accelerated to 1.4%, beating forecasts of 1.2%. Overall, the UK economy delivered the strongest growth among the G7 in the first half of the year, though analysts note much of this was driven by temporary factors, such as a surge in exports ahead of U.S. import tariffs introduced by President Donald Trump. Looking ahead, economists warn that Q3 and Q4 could be weaker due to mounting global trade tensions and new taxes—potentially in the tens of billions of pounds—expected in the autumn budget.
By Sagar Dua The euro is showing mixed performance against the U.S. dollar during the Asian session, consolidating near 1.1720. Investors are focused on German retail sales data, which dropped from 2.9% to 1.8% year-over-year in August and from –0.5% to –0.2% month-over-month, missing expectations of 0.6% growth.
By Sagar Dua The U.S. dollar is weakening against the euro, pound, and yen.
By Sagar Dua The USD/JPY pair is actively declining, holding around 148.68 after the release of Japan’s macroeconomic data last Friday. In September, Tokyo’s core consumer price index excluding fresh food came in at 2.5% YoY, below the median market forecast of 2.8%, while the indicator excluding both fresh food and fuel eased from 3.0% to 2.5%. The core reading without fresh food slowed from 7.4% to 6.9%, which may influence the Bank of Japan’s monetary policy decision at its October 29–30 meeting.
By Sagar Dua The British pound is showing modest gains against the U.S. dollar in Friday’s morning session, recovering after yesterday’s sharp decline that pushed the pair to fresh lows from September 3. GBP/USD is testing 1.3355 to the upside as investors await the U.S. Personal Consumption Expenditures (PCE) inflation report at 14:30 (GMT+2), a key gauge for the Federal Reserve in assessing inflationary pressures.
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.
