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 The US dollar shows mixed moves on the Forex market, weakening against the yen and the pound but strengthening in the pair with the euro
By Sagar Dua The USD/JPY pair is consolidating at 147.40 within a downward trend, weighed down by political instability.
By Sagar Dua Within its broader uptrend, the AUD/USD pair is consolidating near 0.6610, supported by upbeat Australian data.
By Sagar Dua The New Zealand dollar is gaining ground in the NZD/USD pair during the Asian session, attempting to recover after Tuesday’s corrective pullback, when the pair ended the day in negative territory. Earlier, the instrument refreshed local highs from August 14 and is now testing the 0.5950 mark for an upside breakout, as traders digest fresh economic data from New Zealand and China.
By Sagar Dua The British pound is trading with near-zero dynamics in the GBP/USD pair, holding around 1.3536 during the Asian session. Some investors are closing long positions ahead of the release of U.S. inflation statistics — the Producer Price Index (PPI) on Wednesday and the Consumer Price Index (CPI) on Thursday at 14:30 (GMT+2). Analysts note that the upcoming reports could significantly impact short-term sentiment and shape the next GBP/USD forecast for September.
By Sagar Dua EUR/USD. The euro is gaining in the EUR/USD pair during the Asian session, attempting to recover after yesterday’s decline, which pushed quotes back from the local highs of July 24.
By Sagar Dua The U.S. dollar is losing ground against the yen and the pound but is strengthening in the pair with the euro.
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).
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.
