Australian Dollar weakens as US Dollar keeps rising
The Australian Dollar (AUD) saw a decline against the US Dollar (USD) on Wednesday, marking its second consecutive day of losses. The AUD/USD pair was pressured by investment outflows as the S&P/ASX 200 index dropped by 0.14%, trading below 8,950 at the time of reporting. This situation intensified the losses in technology and gold stocks. […]
Pound Sterling climbs against the US Dollar as US job market weakens
Pound Sterling Strengthens Against the US Dollar Pound Sterling (GBP) is set to rise close to 1.3500 against the US Dollar (USD) during Thursday’s trading in Europe. The GBP/USD pair has seen gains as the US dollar struggles, particularly in light of a slowing job market and the potential for a government shutdown. Currently, the […]
GBP/USD rises slightly as the dollar weakens following US PCE and UoM sentiment data
Currency Update: British Pound’s Recovery The British pound is steady after facing two days of declines, with GBP/USD showing signs of improvement. The recent US PCE Inflation Report clarified the Federal Reserve’s perspective and largely aligned with predictions. The Core PCE Price Index increased by 0.2%, adhering to forecasts, and a slight dip from 0.3% […]
S&P 500 Today: Uber Shares Decline, Homebuilding Sector Weakens; Workday Rises
Key takeout On September 17, 2025, Uber’s stock dropped after rival announcements, though activism investors gave a boost to Workday’s shares. Uber saw a 5% decline following Lyft and its self-driving partners’ plans to commence Robotaxi services in Nashville. Workday surged after Elliott Investment Management revealed it had taken a significant stake in the enterprise […]
Euro weakens toward 1.1850 before Lagarde’s speech and the Fed’s rate decision.
The EUR/USD is projected to decline to around 1.1855 during the Asian session on Wednesday. Market participants have fully priced in a 25 basis points cut from the Fed. Germany’s Zew Sentiment is expected to show improvement in September. The EUR/USD pair lost its upward momentum, reaching approximately 1.1855 and breaking a four-day winning streak […]
Chinese yuan strengthens against the dollar but weakens against other currencies: what’s causing the difference?
There might still be a chance for a resurgence against China’s original currency as Beijing continues to lift its value. Yet, it seems the decline of the original against other major currencies is not being driven by new trade tensions. The offshore yuan gained about 3% against the dollar this year as the US dollar […]
Producer Prices Decline Again, as the Tarifflation Story Weakens
Tarifflation’s Story Falls Apart The August Producer Price Index (PPI) report marks yet another setback for those who anticipated President Donald Trump’s tariffs would lead to inflation. Instead of rising, the Bureau of Labor Statistics (BLS) revealed that producer prices in final demand dropped by 0.1% in August. Economists had expected a gain of 0.3%, […]
EUR/USD weakens as the US Dollar strengthens on mixed employment figures and declining Eurozone retail sales
EUR/USD Dips as US Dollar Holds Steady Amid Labor Data and Eurozone Sales US dollar remains stable due to disappointing labor data and eurozone retail performance. Private US job growth in August was only 54,000, falling short of the 65,000 prediction and significantly lower than July’s revised 106,000. Focus is now on the US services […]
Japanese Yen weakens to around 148.50 due to political instability in Japan
In the early hours of Wednesday in Asia, USD/JPY climbed to approximately 148.50. Trump indicated that his administration would request a swift ruling from the Supreme Court on tariffs. Former Prime Minister Sano Ryu has publicly advocated for a new presidential election within the Liberal Democratic Party (LDP). The USD/JPY pair is expected to remain […]
Canadian Dollar weakens amid renewed risk aversion
The Canadian dollar decreased against the US dollar on Tuesday. After the holiday weekend, the US market opened with a clear risk-averse sentiment. New PMI data from both the US and Canadian markets highlighted rising concerns over tariffs. On Tuesday, the Canadian Dollar (CAD) experienced a notable decline against the US Dollar (USD), sliding to […]