Forex Market Analysis
FX News AUD/USD Climbs as Strong China PMI Supports Aussie
China’s Manufacturing PMI rose to 51.5 in August, bolstering the Australian Dollar. Australian building permits experienced a decline of 3.6% in July, which was an improvement compared to…
FX News GBP/USD Slips Ahead of U.S. PCE Data
GBP/USD drifts lower to around 1.3625 in Wednesday’s early European session. Traders brace for the release of US PCE data for July later on Wednesday. Expectations of a…
FX News AUD/USD Climbs as Treasury Buyback Plans Weigh on Dollar
AUD/USD appreciates, approaching 0.7175 in the early hours of Monday’s Asian session. Treasury buyback concerns exert pressure on the US Dollar. An Iranian official characterised the prospect of…
FX News EUR/USD Rises as German Data Boosts Euro
EUR/USD edges higher to approximately 1.1585 in the early European session on Wednesday. The pair maintains a positive perspective above the 100-day SMA, supported by bullish RSI momentum.…
FX News USD/CHF Falls as Fed Rate Hike Bets Fade
The USD/CHF experiences a decline as disappointing US retail sales and a moderation in inflation diminish the likelihood of a rate hike in September to 35%. The CME…
FX News AUD/USD Holds Near 0.7080 as RBA Signals Inflation Risks
Australia’s Wage Price Index increased by 3.2% year-on-year in Q2 2026, aligning with expectations even as it reached a multi-quarter low. RBA Deputy Governor Andrew Hauser cautioned that…
FX News USD/JPY Falls as BoJ Rate Hike Bets Strengthen
USD/JPY declines to near 159.45 in Wednesday’s Asian session. Expectations surrounding a potential interest rate hike by the BoJ as early as September bolster the Japanese Yen. Traders…
FX News USD/CAD Falls as Oil Strengthens Canadian Dollar
USD/CAD remains subdued as robust crude oil prices bolster the Canadian Dollar. Geopolitical uncertainty drives demand for the safe-haven US Dollar, thereby limiting the losses of the USD/CAD…
FX News USD/JPY Falls as Weak Japan GDP and US Data Shift Rate Expectations
Japan’s Preliminary Q2 GDP increased by 0.3% on a quarter-over-quarter basis, falling short of the anticipated 0.5% growth. Annualised GDP reached 1.1%, complicating the Bank of Japan’s trajectory…
FX News EUR/USD Stays Near 1.15 Despite Softer US Inflation
EUR/USD stood at 1.1537 on Friday, as markets continued to analyse the latest economic data. Soft US inflation figures have diminished expectations for a Federal Reserve rate hike…
FX News USD/CAD Dips as Weak US Inflation Hits Dollar
USD/CAD experiences a decline as the US Dollar weakens in response to subdued US inflation figures, with attention now turning to the Retail Sales data scheduled for release…
FX News USD/CAD Advances as Iran Tensions Lift Safe-Haven Demand
USD/CAD rises as uncertainty surrounding Federal Reserve rate hikes dampens broader market sentiment. Shipping restrictions in the Strait of Hormuz persist in exerting upward pressure on global energy…
