FTSE 100 edges closer to 9,500 amid strong corporate earnings and a softer pound, while gold tests the $4,000 level supported by inflation worries and geopolitical tensions. Meanwhile, GBP/USD trades within a range as markets digest mixed UK data and await further clarity on monetary policy.
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Weekly Forex Forecast by Adam Lemon at DailyForex.com offers insights on EUR/USD, USD/CAD, and S&P 500 for the week beginning October 5, 2025. Watch for continued volatility driven by interest rate dynamics, economic data releases, and geopolitical factors. EUR/USD shows bearish momentum amid ECB caution and Fed strength. USD/CAD gains support from a firm U.S. dollar and weakening Canadian economy. The S&P 500 remains volatile as markets digest inflation and growth concerns. Traders should monitor key support and resistance levels and central bank updates for potential trading opportunities.
The Japanese yen fell to a two-month low against the US dollar after Sanae Takaichi’s unexpected victory in the LDP internal election. Her support for Abenomics signals continued loose monetary policy and sustained low interest rates, putting downward pressure on the yen amid rising expectations for US rate hikes.
GBP/CAD faces volatility as UK budget concerns weigh on sterling, while CAD struggles amid falling oil prices. Uncertainty over fiscal policy and mixed economic data keep the pair under pressure heading into Q4 2024.
AUD/USD is gaining upward momentum, breaking above the 0.6405 resistance level with strong technical signals pointing to potential moves toward 0.6460 and beyond. Maintaining above key support is critical to sustain the bullish trend. For detailed insights, see the updated analysis adapted from Economies.com (Oct 6, 2025). #Forex #AUDUSD #TechnicalAnalysis
Pound Sterling has declined against the US Dollar despite the partial US government shutdown, which might have been expected to weaken the greenback. The Dollar remains resilient due to safe-haven demand, stronger US economic data, and hawkish Federal Reserve signals. Meanwhile, the Pound faces pressure from sluggish UK growth, a cautious Bank of England, and ongoing political and fiscal uncertainties. Technical indicators suggest further vulnerability for GBP/USD in the near term.
The U.S. dollar is rallying to a ten-month high near 107 as rising Treasury yields hit a 16-year peak and strong economic data boost confidence in sustained Fed tightening. This dynamic is pressuring the euro, pound, commodity currencies, and keeping yen watchers alert ahead of possible Bank of Japan moves.
GBP/USD holds firm at 1.34 as US fiscal risks weigh on the dollar. With a looming government shutdown and debt concerns pressuring the USD, Sterling finds support amid UK economic resilience and a hawkish BoE. Market eyes US political developments for next moves. #Forex #GBPUSD
EUR/USD’s fragile recovery from 10-month lows faces renewed bearish pressure as dollar strength persists, Eurozone data weakens, and ECB signals pause. With Fed’s hawkish stance and US Treasury yields near 16-year highs, the euro remains vulnerable amid ongoing divergence and mixed fundamentals.
