US Dollar gains slow down as attention turns to inflation data
Here’s your update for Friday, September 26th: The US Dollar (USD) index is still hovering below the 98.50 mark following a two-day meeting, as of early Friday in Europe. On the 1st, the U.S. Economic Analysis Agency (BEA) will unveil August’s personal consumption expenditure (PCE) price index, which is an important measure for the Federal […]
US Dollar Index sees slight increases approaching 98.50 as US PCE inflation data approaches
The US Dollar Index is expected to be around 98.40 during early Asian sessions on Friday. The second quarter saw a 3.8% growth rate in the US economy, with initial unemployment claims dropping to 218,000 last week. The August PCE inflation report will be a key focus later on Friday. The US Dollar Index (DXY), […]
Australian Dollar shows minimal change after recent declines of over half a percent.
The Australian dollar has fallen as the US dollar gains strength from unexpectedly positive economic data in the US. The AUD faces challenges amid risk aversion following President Trump’s announcement of plans for 100% tariffs on drug imports. Traders are awaiting personal consumption expenditure price index data, which is the Federal Reserve’s favored inflation indicator, […]
GOP lawmakers plan to propose a bill featuring Charlie Kirk on silver dollar coins.
Proposed Commemorative Coin for Charlie Kirk Two Republican lawmakers are set to introduce legislation on Friday to create silver dollar coins in honor of Charlie Kirk. Supported by Rep. Abe Hamadeh (R-Ariz.) and Rep. August Pfluger (R-Texas), the bill seeks to direct the Treasury to mint $400,000 worth of these silver coins in 2026. The […]
GBP/USD drops to a three-week low as positive US data strengthens the Dollar.
The British Pound is down as US economic data spurs increased demand for the dollar. US GDP experienced notable growth. Unemployment claims and durable goods orders exceeded expectations. Focus now shifts to the Core PCE Inflation Report due on Friday, which will offer insights into the Fed’s upcoming strategies. On Thursday, the British Pound (GBP) […]
Pound Sterling shows restraint against US Dollar ahead of important US economic data release
The pound is trading around 1.3450 against the US dollar, facing various economic indicators like unemployment claims and durable goods orders. Officials from both the Federal Reserve and Bank of England have expressed concerns about increasing inflation risks. Boe Greene has noted a decreased risk of a trade war. Pound Sterling (GBP) is showing caution […]
EUR/USD Outlook for 25/09: Declines as Dollar Remains Strong (Chart)
Created on September 25th, 2025 The euro dropped noticeably early on Wednesday, dipping to about 1.1725 before stabilizing slightly. This level has served as an important support point recently, so it’s not surprising to see some difficulty in moving below it. The US dollar, known as a safe-haven currency, typically trades closely with the euro, […]
Australian Dollar reduces recent losses following a technical adjustment
Australian Dollar Movement and Economic Insights The Australian dollar has strengthened as expectations for a cut in RBA rates in November have diminished. RBA Governor Michele Bullock indicated that the job market is somewhat weaker and unemployment is on the rise. San Francisco Fed President Mary Daly suggested that more interest rate cuts might be […]
Republican Representatives to Propose Legislation to Commemorate Charlie Kirk on Silver Dollar Coins
New Legislation Proposed to Honor Charlie Kirk Two Republican representatives are set to introduce a bill recognizing Charlie Kirk, the founder of Turning Point USA, by placing his likeness on thousands of silver dollar coins. Rep. August Pfluger from Texas and ABE Hamadeh of Arizona discussed their intent to launch this legislation later this week. […]
USD/JPY reaches a three-week peak as the dollar strengthens, attention on BoJ minutes
The yen has dropped to a three-week low against the US dollar, with the USD/JPY pair benefiting from strong dollar dynamics. The PMI in Japan’s manufacturing sector fell deeply into contraction, though services remained stable. Investors are anticipating insights from the upcoming BOJ minutes, which are set to release on Thursday, for cues on policy […]