EUR/USD

Dollar Dives as Powell Hints at Possible Rate Cut in September

Federal Reserve Chair Powell’s recent testimony hinted at a possible rate cut as soon as September, citing progress on inflation and risks of prolonged high rates. Markets quickly priced in cuts, leading to a sharp decline in the dollar across major currencies. Original article credit: Reuters, Gertrude Chavez-Dreyfuss.

AUD/USD

AUD/USD Weekly Outlook: Support Holds as Markets Await Breakout Cues Amid Tight Consolidation

AUD/USD holds critical support near 0.6500, continuing a phase of consolidation within a defined range between 0.6504 and 0.6630. Technical indicators suggest sideways momentum persists, while traders watch for a breakout driven by economic data and interest rate expectations from Australia and the US. A break below 0.6460 may accelerate losses; above 0.6630 could target 0.6700. #Forex #AUDUSD #CurrencyAnalysis

GBP/USD

GBP/USD Weekly Forecast: Will Diverging Policy Paths Send the Pound Surging or Slumping (Aug 24-29, 2025)?

GBP/USD faces a pivotal week (24–29 Aug 2025) as markets digest UK inflation easing and sluggish growth against robust US economic data. Watch UK retail sales, US core PCE inflation, and central bank signals from BoE and Fed for key directional cues. Technical levels to monitor: resistance around 1.2650 and support near 1.2500. Volatility likely to persist amid ongoing global uncertainties. Analysis by Nicholas Kitonyi at DailyForex.com.

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