USD/CAD climbed last week as new US trade barriers and soft Canadian data weighed on the loonie. Growing concerns over tariffs on Canadian exports and delays in energy projects, combined with a hawkish Fed, are fueling USD strength. Watch for BoC’s response amid slowing Canadian growth.
EUR/USD climbed after mixed US retail sales and industrial production data clouded the growth outlook. Traders shifted focus to the upcoming Trump-Putin meeting, weighing geopolitical risks amid cautious central bank signals. Markets remain watchful for fresh cues on economic and policy directions. #Forex #EURUSD
EUR/USD holds above 1.17 amid cautious Fed signals on tapering and inflation concerns, while ECB maintains dovish stance amid eurozone recovery. Tariff tensions add uncertainty, keeping the world’s top currency pair in a tight range. Markets await clearer guidance on policy shifts.
EUR/USD gains strong upside momentum as bulls target key liquidity zones amid ECB hawkish signals and weak U.S. data. Technical breakouts and shifting trader sentiment point to continued euro strength versus the dollar. Original analysis by The Tradable.
Japanese Yen eyes crucial inflation data and Jackson Hole Symposium insights this week. Inflation trends in Japan and Fed Chair Powell’s remarks may set the tone for USD/JPY volatility amid risk sentiment shifts. Stay tuned for key market-moving updates. #Forex #JPY #JacksonHole
USD/CAD climbed last week as U.S. economic strength and hawkish Fed signals boosted the dollar, while trade uncertainties and cautious BoC outlook weighed on the loonie. Unless trade tensions ease or Canadian fundamentals improve, the loonie may face further pressure ahead.
EUR/USD gains amid mixed US economic data as traders weigh softer retail sales and stronger producer prices. Market attention now shifts to the upcoming Trump-Putin summit, seeking clues on geopolitical impact. Eurozone fundamentals and risk sentiment also support modest euro strength.
Weekly Forex Forecast: 17th to 22nd August 2025
As August’s third week begins, major currency pairs face critical tests amid hawkish Fed tones, ECB caution, and Japan’s ultra-loose policy. EUR/USD holds a bearish bias with support near 1.0700, while GBP/USD consolidates below 1.2700 amid mixed UK data. USD/JPY nears 160.00 resistance amid strong dollar flows. Key releases from US, Eurozone, UK, and Japan expected to drive volatility. Stay alert for sharp moves and trade setups. Detailed technical and fundamental views based on DailyForex.com analysis.
US Dollar stands at a crossroads as trade tensions with China persist and Federal Reserve officials send mixed signals on interest rates. The recent delay in tariffs on some Chinese goods aims to ease pressure on consumers but adds uncertainty to market expectations. Meanwhile, divergent views among Fed leadership fuel speculation about the outlook for rate cuts. Key events this week, including Fed Chair Powell’s speech at Jackson Hole and FOMC minutes, will be crucial in shaping the greenback’s trajectory amid a complex global economic backdrop. For a detailed analysis, see the expanded article by Yohay Elam of FXStreet.
Japanese Yen remains under pressure as BoJ holds dovish stance amid rising inflation. Key focus this week: Japan’s inflation data and Powell’s speech at Jackson Hole — potential catalysts for USD/JPY moves. Traders watch BoJ policy signals closely. #Forex #JPY #BoJ
