ING highlights growing US dollar weakness driven by easing inflation, slowing growth, and an anticipated Federal Reserve pivot. These factors may propel EUR/USD toward 1.20, supported by a relatively cautious ECB stance and improving global risk appetite. Full analysis by Eamonn Sheridan on ForexLive via TradingView.
Japan’s inflation is expected to ease further in April, putting pressure on the yen as the Bank of Japan proceeds cautiously with policy normalization. With weak wage growth and global uncertainties, markets doubt aggressive BoJ rate hikes, favoring a weaker yen amid diverging central bank paths worldwide.
USDCAD remains positioned for bullish potential as of August 21, 2025. Key support at 1.3500 holds firm while resistance near 1.3600 is being tested—watch for a decisive daily close above this level for continuation toward 1.3700. Favor buying on dips near 1.3450–1.3500 with tight stops. Keep an eye on crude oil trends and central bank cues for added directional clues.
Australian Dollar Forecast (AUD/USD) – August 21, 2025: The pair remains under pressure amid divergent monetary policies as the RBA holds rates cautiously, while the Fed signals a steady US dollar. Commodity price support is balanced by global risk uncertainties. Technically, AUD/USD is consolidating near key support around 0.6600; a break below could open the way to 0.6520, while resistance near 0.6700 must be cleared to resume upward momentum. Traders should watch economic data releases closely for fresh directional cues. #Forex #AUDUSD #TradingAnalysis
The US dollar held steady amid cautious market sentiment as traders awaited key economic data and central bank cues. Meanwhile, the British pound gained support from persistent inflation concerns and BoE speculation, while the Japanese yen remained under pressure due to widening yield differentials. Focus remains on upcoming PMI and jobless claims data for further direction.
The Federal Reserve signals a strategic policy shift as inflation pressures ease and the labor market cools. Markets now price in possible rate cuts before the end of 2024, reflecting a move toward balanced economic stability over strict inflation control.
Japanese yen slides as inflation cools; with core CPI easing to 2.2% in April, the Bank of Japan signals a cautious approach to tightening. Yield gaps widen against the US, pressuring the yen amid fragile consumption and slow wage growth. Investors eye potential BoJ intervention. #Forex #JPY #BoJ
USD/CAD approaches 1.3880, its highest since May 21, as bulls maintain control. Hawkish Fed comments and strong US economic data bolster the greenback, while sliding oil prices and a dovish Bank of Canada weigh on the loonie. Technicals favor further upside in the near term. #Forex #USDCAD
AUD/USD remains range-bound near key support at 0.6520 and resistance at 0.6575 amid mixed signals from US Fed caution and weaker Australian jobs data. Watch for a break above 0.6610 to confirm bullish momentum or below 0.6485 to signal deeper downside. Technicals suggest indecision; traders should prepare for volatility.
Credit: Analysis originally by Christopher Lewis, expanded with latest data.
AUD/USD slips as RBA minutes signal caution on further rate hikes. Despite persistent inflation, the RBA weighs risks of overtightening amid labor market softening and household pressures. Market now eyes data for clues on Australia’s monetary path. #Forex #AUDUSD
