USD/CAD extends gains in a three-day rally, supported by strong US jobs data, hawkish Fed signals, and weaker oil prices impacting the Canadian dollar. After soft end-2024 performance, the pair is poised for continued upside if momentum sustains above key technical levels. Market focus remains on shifting monetary policy and macroeconomic trends as Q1 unfolds.
AUD/USD eyes January highs as traders await the RBA’s rate decision. Strong inflation and labor data boost hawkish bets, while a cautious Fed and rising commodity prices support the Aussie dollar. A hawkish RBA signal could extend the rally; dovish tones may trigger a pullback. Market focus sharpens ahead of the announcement.
GBP/USD reversed sharply after testing March lows near 1.2545, sparking a three-day rally amid dollar weakness, BoE caution on rate cuts, and stronger UK economic data. Market sentiment shifts as traders weigh inflation and central bank signals heading into mid-April.
US equity markets opened lower after last week’s record highs as investors take profits and reassess persistent inflation risks. Meanwhile, the US dollar strengthened on rising Treasury yields and delayed expectations for Fed rate cuts. Traders remain cautious amid mixed economic signals. #Markets #USD
USD/JPY faces a tug-of-war as Fed rate cut bets weaken the dollar, while BOJ hints at cautious policy normalization amid sticky inflation and weak wages. Traders eye key resistance at 158.00 amid mixed data and central bank signals. #Forex #USDJPY #BOJ #Fed
USD/CAD continues its three-day winning streak, supported by weaker Canadian GDP data, a stronger US dollar backed by Fed’s “higher for longer” stance, and falling crude oil prices. Traders eye Fed policy signals and oil market dynamics for clues on the next moves.
AUD/USD eyes January highs near 0.6625 ahead of the crucial RBA rate decision. Technical momentum builds as the pair finds solid support above 0.6450, with a breakout potentially targeting 0.6700+. Traders await the RBA’s guidance amid shifting rate expectations and global economic signals.
GBP/USD reversed just above March’s key support, sparking a three-day rally fueled by softer US data and Fed dovishness. Technicals show improved momentum with resistance near 1.2650-1.2700 in focus. Watch for next moves as traders weigh UK resilience against US dollar trends. Credit: Fiona Cincotta, FOREX.com
EWM Interactive’s Elliott Wave analysis of EUR/USD as of September 1, 2025, highlights completion of a five-wave bullish cycle from 2022 lows with signs of exhaustion in Wave 5 near 1.2500. Divergences in momentum indicators point to a potential corrective phase ahead. Watch for further developments around key support near 1.1850. For full detail visit EWMinteractive.com
USD/JPY sits at a crossroads as investors weigh Fed easing bets against softer Japanese inflation data. The Fed’s potential rate cuts contrast with Japan’s cautious stance amid subdued CPI figures, keeping yen forecasts uncertain. Traders navigate volatility amid shifting monetary policy signals. #Forex #USDJPY #JPY
