AUD/USD recovers from earlier lows, trading near 0.6542 as buyers step in amid consolidation. Technical signals suggest resistance around 0.6560-0.6580, with support near 0.6500. Market watchers await fresh Australian employment and inflation data alongside US Fed cues to gauge next directional moves.
Speculators increased their net short positions on the British pound to 31,353 contracts for the week ended August 26, 2025, according to the latest CFTC report. This reflects growing bearish sentiment amid economic slowdown, political uncertainty, and dovish Bank of England signals. GBP/USD faces downward pressure as market concerns intensify.
Major currencies are holding steady during a quiet European morning session. EUR/USD, GBP/USD, and USD/JPY remain rangebound as traders await fresh economic data and market catalysts later in the week. Volatility stays low amid subdued risk sentiment.
USD/JPY struggles near 147 as diverging Fed and BOJ policies fuel market uncertainty. Fed stays hawkish with possible hikes ahead, while BOJ hints at policy normalization amid rising inflation. Traders eye this key level for breakout or pullback signals. #Forex #USDJPY
As US growth outpaces Canada’s and the Fed maintains higher rates while the Bank of Canada eases, the USD/CAD pair gains momentum. Traders should watch inflation trends, interest rate divergence, and commodity prices closely as these fundamentals shape the currency’s near-term outlook.
AUD/USD rebounds from session lows to trade around 0.6542, reflecting mixed Australian economic data, persistent US dollar strength amid Fed policy speculation, and improving global risk sentiment. Key support near 0.6500 holds as traders eye resistance at 0.6560–0.6570.
CFTC data reveals a notable rise in British Pound net short positions to 31,353 contracts for the week ending August 26, 2025. This shift reflects growing bearish sentiment driven by weak UK economic indicators, cautious Bank of England policies, and geopolitical uncertainties. Market participants should watch how these factors continue to shape GBP dynamics in the currency markets. #Forex #GBP #CFTC
Chart of the Day: EUR/USD – September 29, 2025
The EUR/USD pair has dipped below the key 1.0600 support level amid dovish signals from the ECB and rising geopolitical risks in Eastern Europe. Technical indicators suggest sustained bearish momentum with resistance near 1.0650 and next support around 1.0530. Diverging policies of the ECB and Fed, along with flight-to-safety demand for the dollar, are driving this downward move.
USD/JPY nears resistance at 147 amid contrasting Fed and BoJ policies. The Fed’s hawkish outlook supports the dollar, while BoJ’s ultra-loose stance weighs on the yen. Technical consolidation and intervention risks keep traders cautious as market direction hangs in balance. #Forex #USDJPY
With the U.S. economy showing resilience amid steady Fed rates and Canada signaling potential rate cuts due to slowing growth, the widening growth spread could weigh on the Canadian dollar. Traders should watch how these diverging trends shape the USD/CAD trajectory in the coming months.
