- Tight spreads & fast execution
- Multiple account types
- MT4/MT5 + copy-trading
United States of America. The US dollar is strengthening against the pound and the yen, while showing mixed performance against the euro.
The U.S. dollar is gaining against major peers—the yen, euro, and pound.
The U.S. dollar is trading higher against the yen in Thursday’s Asian session, consolidating near the 148.00 level. Market activity remains subdued as traders await key U.S. labor market reports.
The British pound is weakening against the U.S. dollar in Thursday’s morning session, holding a modest bullish bias after yesterday’s corrective pullback. The pair is testing the 1.3430 level for an upside breakout but has yet to recover losses from Tuesday, when it hit lows last seen on August 6.
The euro shows mixed dynamics in the EUR/USD pair during the Asian session, consolidating around 1.1650 as the instrument stabilizes ahead of key macroeconomic data from the eurozone.
The US dollar is strengthening against the yen but weakening against the euro and the pound.
The GBP/USD pair is trading at 1.3369 as the U.S. dollar strengthens.
EUR/USD remains in a corrective downtrend amid renewed U.S. dollar strength, holding around 1.1627.
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.
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.
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.
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.
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.
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.