With GBP/USD near multi-week lows, attention shifts to the upcoming US CPI report ahead of next week’s FOMC meeting. Market focus is on inflation data that will influence Fed policy signals and rate cut expectations, which are key to the near-term direction of the pound versus the dollar. #GBPUSD #Forex
GBP/USD update for October 21, 2025: The pair remains under pressure amid divergent central bank policies. The Fed stays hawkish while the BoE adopts a cautious tone due to weaker UK data. Technically, GBP/USD trades below key supports near 1.2100, with bearish momentum intact. Traders should watch support at 1.2050 and resistance at 1.2140 for short-term moves. Stay alert to geopolitical risks and economic releases influencing sentiment.
— Nicholas Kitonyi, DailyForex.com
AUD/USD edges higher as traders await key updates from the Federal Reserve and Reserve Bank of Australia. Mixed Australian economic data and stabilizing global markets support modest gains, but cautious sentiment prevails ahead of policy announcements shaping the currency’s near-term outlook.
AUD/USD hovers near 0.6350 as the Australian dollar struggles amid wavering risk sentiment. Factors such as geopolitical tensions, a cautious RBA stance, mixed Chinese economic signals, and strong US dollar support keep the pair subdued. Traders remain watchful for clearer direction amid global uncertainties. #Forex #AUDUSD
The Australian Dollar slipped against the US Dollar as US Treasury yields rose to 4.45%, fueled by strong economic data and hawkish Fed remarks. Markets now price in fewer rate cuts in 2024, prompting risk aversion and pressuring AUD/USD below 0.6650. Traders eye upcoming Australian data and Fed signals for direction. #Forex #AUDUSD
AUD/USD faces pressure as risk sentiment sours amid concerns over prolonged Fed tightening and global geopolitical tensions. The Australian Dollar’s gains have stalled, weighed down by softer domestic data and volatile commodity prices. Market focus remains on Fed policy direction and China’s economic outlook, key drivers for the currency pair’s near-term path.
GBP/USD faces continued pressure as Sterling underperforms G10 currencies amid disappointing UK data and a dovish BoE stance. The stronger US Dollar, buoyed by robust economic indicators and Fed hawkishness, keeps Cable subdued heading into Q4. Traders should watch for further BoE signals and global risk trends.
The US dollar starts the North American session and new week little changed, trading in narrow ranges as markets await key US inflation data, central bank updates, and geopolitical developments. Early action remains subdued, setting the stage for a potentially pivotal week in FX markets.
Pound holds firm above 1.34 against the dollar as expectations for Fed rate cuts provide support despite dovish signals from the Bank of England. The interplay of central bank policies is keeping GBP/USD in focus amid mixed economic data and evolving market sentiment. Traders watch closely for moves through 2024.
GBP/USD remains above 1.34 as growing Fed rate cut bets help offset dovish signals from the Bank of England. Market focus stays on contrasting central bank policies and mixed economic data shaping near-term currency dynamics.
