US Dollar gains support before consumer confidence report
Market Update – September 12th Here’s what you should keep an eye on today: US Dollar (USD) The US dollar is expected to stabilize after a decline seen on Thursday. The focus is now turning towards the preliminary consumer index data for September. Traders are also monitoring comments from officials at the European Central Bank […]
Australian Dollar rises as market outlook improves
Australian Dollar Expected to Decline Amid US Dollar Recovery The Australian dollar is set to weaken as the US dollar recovers its recent losses. The AUD is expected to find some support, especially since the Reserve Bank of Australia (RBA) is likely to maintain its current policy in September. Traders are anticipating the release of […]
EUR/USD rebounds to 1.1700 as US inflation and unemployment claims impact the US Dollar
The EUR/USD pair sees gains following a weaker-than-expected US CPI report and a rise in unemployment claims to the highest level in almost four years. The dollar’s weakness counterbalances a steady eurozone policy from the ECB, which is focused on data and the mood of each meeting. The market continues to rely on the Fed’s […]
Australian Dollar maintains losses after Consumer Inflation Expectations
The Australian Dollar’s Subtle Struggles Amid Rising Inflation Hopes The Australian dollar remains low, even as consumer inflation expectations have climbed to 4.7% in September. The AUD is receiving some backing because there’s an 86% likelihood that the Reserve Bank of Australia (RBA) won’t change its policy this month. There’s a chance of a weakening […]
US Dollar Index remains stable under 98.00 before US CPI figures
In Thursday’s Asian session, the US Dollar Index is expected to remain stable around 97.85. The annual PPI inflation in the US came in lower than anticipated, bolstering arguments for potential Fed rate cuts. Traders are looking forward to the US August CPI inflation data, which is set for release in the latter part of […]
US Dollar Approaches Long-Term Decline as Bond Yields Drop and Euro Rises
Tariff Control Creates Instability and Boosts Bond Markets A recent court decision has struck down Donald Trump’s “mutual” and “fentanyl” tariffs, leaving businesses in a state of uncertainty. This has shaken investor confidence and sparked worries that companies might reduce investments, potentially hindering economic growth. Trump has taken the matter to the Supreme Court, but […]
Canadian Dollar drops to nearly 1.3850 due to uncertainty over trade agreement
The USD/CAD exchange rate is expected to reach around 1.3855 in early Asian trading on Wednesday. Weak economic indicators from Canada, along with ongoing tariff uncertainties, are putting pressure on the Canadian dollar. Recent data shows that U.S. employment growth was significantly lower in the year leading up to March than previously estimated. On Wednesday […]
Australian Dollar stays muted after China’s CPI report
Australian Dollar Insights Amid Economic Shifts The Australian Dollar is seeing some support as the chances of cuts to the RBA rates seem to be easing. China’s Consumer Price Index (CPI) showed a decrease of 0.4% year-on-year, with inflation dropping to 0% in August. Revisions to U.S. non-farm salary figures indicate that total agricultural employment […]
USD/JPY rebounds from four-week low as US jobs revision boosts dollar
The USD/JPY pair seems set to reverse its recent four-week low, spurred by a revision in US employment figures that boosted the US dollar. The updated assessment from the Bureau of Labor Statistics indicates salary figures were overstated by 911,000 jobs through March 2025, suggesting a more significant decline in the labor market. The market […]
Pound Sterling reaches a three-week high against the US Dollar.
The pound sterling is projected to rise to around 1.3580 against the US dollar, as demand for US jobs is decreasing. Market participants are looking forward to the significant revisions in the US Non-Farm Payroll (NFP) reports and a speech by BOE’s Briden. There’s a sense among investors that the Fed might lower interest rates […]