USD/CAD breaks above 1.3750 to cycle highs, driven by mixed macro factors. The Bank of Canada’s rate cut contrasts with the Fed’s hawkish stance, while oil prices and inflation data continue to influence the Canadian dollar’s outlook. Momentum suggests further upside potential near-term.
Rabobank sees the AUD/USD pairing near 0.65 in the short term, expecting stability amid cautious RBA policy and firm US rates. Over the next 12 months, the bank projects a gradual rise to 0.68, supported by improving global risk sentiment and a stabilizing Chinese economy.
GBP/USD is under renewed downward pressure as bearish momentum continues amid global risk-off sentiment. Key support sits at 1.2100—with a break likely to push the pair toward 1.2000 or lower. Diverging central bank policies and softer UK economic data keep the pound vulnerable against a firmer dollar. Traders should watch resistance at 1.2200 for signs of recovery. #Forex #GBPUSD #TechnicalAnalysis
Global markets react to renewed US-China trade tensions as gold climbs over 1.4% amid safe-haven demand. Chinese exports surge 14.2% in March, surprising analysts and boosting regional currencies. Trade talks remain uncertain, keeping investors cautious.
U.S. supply chain faces new tariff challenges ahead of 2024 election. Targeted tariffs on Chinese EVs, solar tech, and semiconductors could disrupt imports, raise costs, and fuel inflation. How will this impact inflation and the Fed’s rate path? Full analysis by Jeff Cox. https://www.forexfactory.com/news/1366032-us-supply-chain-faces-another-tariff-headwind-ahead
USD/CAD breaks to multi-month highs, climbing above 1.3800 as diverging central bank policies drive the move. The Bank of Canada signals potential rate cuts amid easing inflation, while the Federal Reserve maintains a cautious, hawkish stance supported by strong labor data. Economic softness in Canada further weighs on the loonie, pushing traders to eye 1.3900 resistance next. Market focus remains on evolving monetary paths and inflation trends shaping the CAD outlook. #Forex #USDCAD #CAD
Rabobank anticipates the AUD/USD to hold near 0.65 in the short term, reflecting cautious RBA policy and muted commodity demand. However, over the next 12 months, gradual improvement in global growth and commodity prices may lift the pair toward 0.68, supported by a stabilizing China and resilient Australian economic fundamentals.
US stocks clawed back losses on Friday, with the S&P 500 rising 0.45% amid bargain hunting and technical support. Meanwhile, the US dollar strengthened across the board, boosted by sticky inflation data, rising Treasury yields near 4.6%, and ongoing geopolitical tensions. Treasury yields remained elevated as markets digest Fed signals. Oil, gold, and safe-havens priced in Middle East risks, while FX saw notable moves in USD/JPY, EUR/USD, and commodity currencies. Overall, cautious market sentiment continues heading into the week.
EUR/USD trades near 1.0600 amid persistent selling pressure and a descending triangle pattern on the H4 chart. Key support lies at 1.0570 while resistance clusters around 1.0660 and 1.0700. Bearish momentum aligns with ongoing US dollar strength fueled by hawkish Fed policy and weak Eurozone data. Traders watch for a break below support to confirm downside continuation or a rebound above resistance for a possible correction. Detailed analysis by DailyForex.com for October 13, 2025.
UOB Group analysts forecast USD/JPY to consolidate between 151.30 and 152.70 amid resilient U.S. economic data and divergent Fed-BoJ policies. Expect sideways trading as markets await key data and potential Japanese interventions. Stay tuned for updates. #forex #USDJPY
