USD/CAD

Weekly Forex Forecast (Aug 24–29, 2025): Expect continued volatility amid inflation concerns and diverging central bank policies. EUR/USD remains bearish within a downtrend channel; watch for resistance near 1.0900. GBP/USD consolidates between 1.2650–1.2850 with key UK data upcoming. USD/JPY supported by rising U.S. yields and Japan’s dovish stance. Stay alert to inflation releases and geopolitical developments shaping the markets.

Weekly Forex Forecast Aug 24–29, 2025: As major central banks hold steady, expect range-bound trading with heightened volatility around key US and eurozone data. Watch EUR/USD consolidation between 1.08–1.10 and GBP/USD resistance near 1.2770 amid growth uncertainty. Commodity currencies remain sensitive to gold and oil trends. Stay alert for breakout cues. Analysis expanded from DailyForex.com by [Your Name].

Weekly Forex Outlook (Aug 24–29, 2025): Expect lighter summer liquidity yet heightened volatility as traders react to Jackson Hole insights, US durable goods, and Eurozone inflation. EUR/USD eyes 1.1000 resistance, GBP/USD targets 1.2800 amid consumer confidence, while USD/JPY shows signs of topping near 150. Stay alert for central bank cues shaping next moves.

Weekly Forex Forecast: August 24–29, 2025

Expect a volatile week ahead driven by central bank divergence, mixed economic data, and geopolitical risks. EUR/USD faces downside pressure amid Eurozone stagnation and hawkish Fed signals, with key levels at 1.0830 support and 1.1000 resistance. GBP/USD consolidates around 1.2700 as UK inflation cools, while USD/JPY remains pressured by BoJ’s ultra-loose policy despite inflation upticks. Stay alert to U.S. GDP releases and German IFO data for market direction. Trade carefully with range-bound plays and watch for breakout opportunities.

Full analysis by DailyForex.com.

Boston Fed’s Susan Collins warns tariff-driven inflation may be larger and more persistent than expected, complicating the Fed’s path to price stability. Persistent trade barriers could prolong inflation pressures and influence future monetary policy decisions. #FederalReserve #Inflation #Tariffs

Federal Reserve’s Susan Collins warns that tariffs may have a larger and more persistent impact on inflation than previously thought, risking setbacks in price stability efforts. As geopolitical tensions rise ahead of the 2024 election, careful assessment of trade policies is crucial for the Fed’s data-driven approach.

USD/CAD posted mild gains last week, consolidating amid mixed US and Canadian data. Technically, the pair remains range-bound between 1.3600 support and 1.3790 resistance; a break could signal a move to 1.4000 or a deeper pullback to 1.3350. Fundamentally, persistent US labor strength and steady inflation support the USD, while softer Canadian CPI and a cautiously dovish BoC outlook weigh on CAD. Traders should watch key economic releases and central bank cues in the coming days for directional clarity. Analysis by ActionForex.

Credit: This article builds upon the Elliott Wave analysis of the S&P 500 originally published by EWM Interactive on August 25, 2023, expanding the insights with additional data to offer a deeper view into current market structure and potential corrective phases ahead.

The Canadian dollar rebounded this week after hitting a two-month low against the US dollar, driven by stabilizing oil prices, easing fears of immediate Bank of Canada rate cuts, and a softer US dollar. With inflation near target and signs of economic resilience, what lies ahead for the loonie amid shifting monetary policies and global market dynamics?

U.S. Dollar weakens sharply following Fed Chair Powell’s dovish testimony, signaling possible rate cuts before end of 2024. Markets reacted with lower bond yields and a drop in the DXY below key resistance. EUR/USD gained on dollar softness amid shifting sentiment. Full forex market analysis reveals shifting dynamics as traders price in a more cautious Fed outlook.