U.S. Dollar Recovers as ISM Manufacturing PMI Exceeds Expectations: Insights for EUR/USD, GBP/USD, USD/CAD, USD/JPY
Recently, a significant report emerged regarding global economic trends. It highlighted some troubling statistics about inflation rates which seem to be affecting many countries. Although the numbers vary from region to region, the overarching theme remains clear: costs are increasing, and people are feeling the pinch in their everyday lives. This is particularly evident in […]
EUR/USD stabilizes as poor ADP figures and potential US shutdown put pressure on the dollar
Traders are processing the disappointing US ADP report, while the euro remains steady around 1.1750. The looming threat of a US government shutdown is putting pressure on the dollar and creating uncertainty ahead of Friday’s NFP report. Attention will shift to the upcoming US S&P Global and ISM Manufacturing PMI data later on Wednesday. The […]
What is the timing of Eurozone Prelim HICP inflation and how might it influence EUR/USD?
Eurozone Inflation Update Official data from EuroStat released on Wednesday indicated a rise in the Harmonized Index of Consumer Prices (HICP), which saw an annual increase of 2.2% in September, compared to a 2% rise in August. The market had anticipated a reading of 2.2%. Core HICP also grew, hitting 2.3% year-on-year in September, up […]
EUR/USD rises further as the US Dollar declines due to data and shutdown concerns.
The EUR/USD is set to continue its gains for the third consecutive year as the US dollar struggles. Weaker US consumer sentiment and potential government shutdown worries are weighing on the dollar. While job openings from the JOLTs report were unexpectedly high, this did not bolster the US dollar. The euro is currently strengthening against […]
EUR/USD remains steady as potential US government shutdown looms
The euro strengthens past 1.1750, but hovers in the middle of last week’s range. Concerns over a possible US government shutdown keep the dollar on the defensive. Weak Eurozone data and new US tariffs dampen risk appetite, limiting euro gains. As of Tuesday, the EUR/USD is trading with moderate gains above 1.1750. The pair rallied […]
What is the timing of German Retail Sales and how might they influence EUR/USD?
Germany’s Retail Sales Rise in August Retail sales in Germany increased by 1.8% on a yearly basis in August. EUR/USD finds support near 1.1725 after the data release. According to the latest figures from Destatis, Germany’s retail sales grew by 1.8% compared to last year in August, following a revised 2.9% increase in July. On […]
EUR/USD rises slightly as concerns about a US shutdown impact the Dollar
The euro is currently trading above 1.1720 as Democrats oppose the Republican bill, raising concerns about a potential US government shutdown. The inflation risks identified by Fed officials Musalem and Hammack suggest a cooling labor market might be underway. Though consumer sentiment in the eurozone is rising, it remains below average and is likely to […]
EUR/USD Outlook 29/09: Rebounds from Support Level (Video)
Euro’s Daily Performance and Market Outlook Created on September 29, 2025 This Friday, the euro showed some early movement largely influenced by the 50-day EMA, which has consistently acted as a solid support level. Additionally, an uptrend line situated just beneath adds a bit of caution for traders, fostering some hope for a potential rebound. […]
EUR/USD rises more due to concerns of a possible US government shutdown
The Euro is showing some strength around the 1.1725 mark, likely influenced by worries over potential government shutdowns in the US. President Trump is set to meet with Congressional leaders just a day before the deadline, hoping to avert a shutdown. From a technical standpoint, the currency pair has maintained a bearish trend since reaching […]
Weekly Currency Analysis for DXY, EURUSD, GBPUSD, USDJPY, NZDUSD, and XAUUSD (September 29-October 3, 2025)
Following the FOMC meeting on September 17th, the forex market seems more appealing, but there are definitely nuances to consider. This Forex Forecast discusses trade setups for several currency pairs: DXY, EURUSD, GBPUSD, USDJPY, NZDUSD, and XAUUSD. After watching the video, make sure to scroll down for further insights or annotated charts. US Dollar Index […]