Forex News – Page 720

“Forex Spotlight: Crucial Weekly Trends from August 3-8, 2025 — Key Opportunities in EUR/USD, GBP/USD & More”

Editor / August 3, 2025

Pairs in Focus: August 3–8, 2025 – Weekly Forex Technical Analysis by Adam Lemon, DailyForex.com.

EUR/USD tests resistance near 1.0940 with an ascending triangle pattern hinting bullish momentum above this level. Support holds at 1.0850. GBP/USD faces resistance near 1.2970; key support lies at 1.2700, with a possible double top forming. Traders should watch price action around these levels and upcoming economic data for clues to directional bias. Stay prepared for volatility and adjust risk accordingly. Full breakdown at DailyForex.com.

EUR/USD

Forex Market Shock: USD Tumbles as EUR, JPY Surge Post-U.S. NFP Miss

Editor / August 3, 2025

Following the weaker-than-expected U.S. NFP report, the U.S. Dollar faced sharp declines. EUR/USD hit key resistance near 1.09, USD/JPY plunged below 155 amid falling Treasury yields, and AUD/USD rebounded as the greenback weakened. Market eyes now on Fed policy signals and global economic data.

USD/JPY

Yen on Edge: Weekly Forecast Signals 145 as Markets Focus on Wages and Spending Data

Editor / August 3, 2025

Japanese Yen faces bearish pressure near 145 against the dollar as markets focus on upcoming wage growth and household spending data. BoJ’s ultra-loose policy contrasts with Fed’s tightening, keeping yen under stress. Key July reports could influence BoJ’s next move. #Forex #JPY

USD/CAD

GBP/USD Weekly Outlook: Pound Dips Ahead of BoE Rate Cut as US Dollar Gains Momentum

Editor / August 3, 2025

GBP/USD remains under pressure as markets anticipate a Bank of England rate cut amid cooling UK inflation and dovish central bank signals. Meanwhile, stronger US economic data and hawkish Fed comments continue to bolster the dollar. Watch for further BoE guidance as the pound tests key support levels.

AUD/USD

EUR/USD Rockets on Dovish US Jobs Data: Markets Price in Earlier Fed Rate Cuts Amid Dollar Weakness

Editor / August 3, 2025

EUR/USD surged sharply after US June jobs data disappointed on payroll gains and wage growth, fueling market expectations for earlier Federal Reserve rate cuts. The softer labor report weighed on the dollar, boosting euro demand amid speculation that the Fed may dial back tightening sooner than anticipated. Investors now focus on upcoming inflation figures and Fed communications to gauge policy direction.

GBP/USD

Forex in Focus: Ed Moya’s Weekly Outlook on DXY, EUR/USD, GBP/USD & USD/CHF

Editor / August 3, 2025

Weekly Forex Forecast by Ed Moya on ForexFactory.com highlights a consolidation phase for DXY amid Fed skepticism, EUR/USD stuck in a range amid mixed ECB signals and geopolitical risks, and GBP/USD pressured by UK domestic challenges. USD/CHF follows risk sentiment closely. Key data and central bank cues to guide this week’s moves.

EUR/USD

Dollar’s Direction Hangs in the Balance as US Jobs Data Approaches

Editor / August 3, 2025

The US dollar shows mixed movements as markets await the crucial US jobs report expected to add 110,000 jobs with unemployment rising slightly to 4.2%. Traders are cautious ahead of data that could influence the Federal Reserve’s interest rate decisions and global currency dynamics.

USD/JPY

EUR/USD Rockets Higher on US Jobs Disappointment: Betting on Faster Fed Rate Cuts

Editor / August 3, 2025

EUR/USD jumps past 1.1000 after weaker-than-expected US jobs data fuels bets the Fed may cut rates sooner. Slowing job growth raises concerns over US economic momentum, boosting the euro against a broadly softer dollar. Markets now price in possible Fed easing by early 2025. #EURUSD #Forex #Fed

USD/CAD

GBP/USD Weekly Outlook: Sterling Declines Ahead of Potential Bank of England Rate Cut Amid US Dollar Strength

Editor / August 3, 2025

Sterling slips against the US dollar as the Bank of England signals a potential rate cut amid a weakening UK economy and subdued inflation. GBP/USD dropped below 1.28, pressured by dovish BoE outlook and a strong US dollar. Markets now eye August MPC meeting for policy direction.
— Report by Yohay Elam, Forex Crunch

AUD/USD

EUR/USD Surges on Weak US Jobs Data as Market Bets on Fed Rate Cut Accelerate

Editor / August 3, 2025

EUR/USD surges sharply after weaker-than-expected US jobs data fuels speculation the Federal Reserve may cut interest rates sooner than anticipated. Market focus now shifts to inflation figures and Fed commentary as traders price in a faster policy pivot.