EUR/USD surged above 1.1700 after a weaker-than-expected US Nonfarm Payrolls report weighed on the dollar and pushed Treasury yields lower. Slower job growth and rising unemployment shifted Fed rate hike expectations, fueling a bullish outlook for the euro.
RBC forecasts the USD/JPY to sharply decline to 120 by 2026-27, driven by BoJ policy normalization, interest rate convergence, and US fiscal concerns. A turning point for traders as yen strength reshapes currency markets. #Forex #USDJPY #RBCforecast
ICE canola futures fell amid mixed market signals driven by China trade uncertainties, abundant Canadian planting conditions, and increased global oilseed supplies. Government support measures may offer relief, but broader demand concerns and currency strength continue to weigh on prices.
AUD/USD showed increased volatility last week, pressured by a stronger USD amid resilient US data and hawkish Fed signals. Australian economic softness and weaker commodity prices weighed on the AUD. Technically, the pair broke below key short-term support near 0.6640, suggesting further downside risk toward 0.6580. Watch for US inflation cues and Chinese demand outlooks to guide future trends.
Weekly Forex Forecast (Sept 8-12, 2025):
DXY stays bullish above 105.20, eyes on 107.00 resistance ahead of key US inflation data and Fed remarks.
EURUSD rests near support at 1.0720-1.0730; a break lower targets 1.0650, while rallies above 1.0850 may signal a correction.
GBPUSD and NZDUSD face volatility amid mixed UK/NZ data and USD strength.
XAUUSD (Gold) looks for direction as macro risks persist.
Analysis by Justin Bennett at DailyPriceAction.com highlights a pivotal week shaping Q4 trends.
EUR/USD traders are gearing up for the NFP report with key triggers highlighted in TradingNrg’s “NFP Goldilocks Playbook.” Watch for a soft yet stable jobs report to potentially fuel EUR/USD gains, while a strong print may strengthen the USD. This balanced “Goldilocks” scenario offers the best chance for sustained euro upside. Full breakdown on TradingView.
Credit: https://www.tradingview.com/chart/EURUSD/KINAqs8T-NFP-Goldilocks-playbook-EURUSD-triggers-revealed/
USD/JPY consolidates within a broad uptrend, trading between key support at 151.90 and resistance at 157.70. Near-term bias is neutral to mildly bullish; a break above 157.70 could propel the pair toward 160.00 and higher. Watch for potential deeper correction if support fails. #Forex #USDJPY #TechnicalAnalysis
ICE canola futures fell amid mixed signals: China’s demand remains cautious with subdued oilseed imports, while Canadian government support aims to stabilize the sector. Market watchers weigh the impact of uneven global demand and domestic measures on prices.
COPT Defense (NYSE: CDP) 15-minute chart shows Bollinger Bands tightening, indicating reduced volatility and a potential breakout ahead. The emergence of a bearish Marubozu candlestick suggests selling pressure may trigger a downward trend. Traders should watch for confirmation before acting.
GBP/USD showed volatility last week amid mixed UK growth signals and shifting Fed-BoE expectations. Sterling hovered near 1.2720, pressured by sticky UK inflation and resilient US jobs data. This week, focus remains on UK labor reports and Fed comments as traders watch for cues on upcoming rate moves and potential market corrections.
