Forex Market Review: Dollar Firms, German Ifo Rises
United States of America. The US dollar is strengthening against the pound and the yen, while showing mixed performance against the euro.
Markets
2
October
- Details
-
By Sagar Dua - 499
The EUR/USD pair is testing the middle line of the Bollinger Bands at 1.1750, while the U.S. dollar remains under pressure amid weak labor market data.
- Details
-
By Sagar Dua
- 467
United States – Forex Market Focus. The U.S. dollar is losing ground on the forex market against the euro and yen, while showing mixed dynamics against the pound
- Details
-
By Sagar Dua
- 498
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.
- Details
-
By Sagar Dua
- 331
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.
1
October
- Details
-
By Sagar Dua
- 361
WTI Crude Oil prices are correcting downward this week amid the resumption of exports from Iraqi Kurdistan and expectations of another production hike from OPEC+. At the moment, the asset is holding near 62.03. Over the weekend, disputes between Iraq’s central government and local authorities were resolved, allowing Kurdish oil to re-enter the market at volumes of 180,000–190,000 barrels per day. At the same time, OPEC and its allies may discuss an additional production increase of around 137,000–140,000 barrels during their Sunday meeting. This would add significant supply to the market, while demand for energy remains weak due to the global trade slowdown and reduced manufacturing activity.
- Details
-
By Sagar Dua
- 281
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.
- Details
-
By Sagar Dua
- 362
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.
- Details
-
By Sagar Dua
- 332
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.
- Details
-
By Sagar Dua
- 494
During the morning session, the U.S. Dow Jones index is showing a slight decline, developing mixed dynamics in the ultra-short term while holding near the highs (46095.0) updated last week.
- Details
-
By Sagar Dua
- 441
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).
30
September
- Details
-
By Sagar Dua
- 402
The U.S. dollar is losing ground on Forex today against major peers — the euro, pound, and yen.
- Details
-
By Sagar Dua
- 371
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.
Recent Analysis on Forex, Gold, Oil & Global Markets
Latest Forex and commodity market news, analysis, and trends from FORECK.INFO. Markets are driven by macro data, central bank decisions, earnings, and supply-demand factors. Technical analysis helps identify trends, key levels, and potential trading opportunities while managing risk.