Today Markets Analysis: The New Zealand dollar has weakened to around $0.574, its lowest level in more than two months, as traders position ahead of the Federal Reserve’s interest-rate decision. A widely anticipated US rate hike is supporting the dollar, while attention is shifting toward the Fed’s updated dot plot and economic projections for clues […]
Market Bias: Bearish Technical Setup EUR/GBP has rejected the 0.8585 resistance level, reinforcing the recent bearish structure. On the daily timeframe, the pair is also trading below its 100-period exponential moving average (EMA), keeping the broader technical bias tilted to the downside. The 0.8585 area represents an important technical confluence zone, with resistance aligning with […]
Today Markets Analysis: UK wage growth slowed to 3.9% year-on-year in the three months to July 2026, down from 4.2% previously and marking the softest annual increase since the three months to February. At the same time, UK employment increased by just 67,000, its smallest gain in five months. The combination of moderating pay growth […]
Today Markets Analysis: USD/CAD has extended its winning streak for a fifth consecutive session, trading around 1.3910 as the US Dollar continues to strengthen against the Canadian Dollar. The pair is now testing the important 1.3914 area, where the 50-day EMA could determine whether the current recovery develops into a more sustained bullish move. While […]
Today Markets Analysis: USD/JPY is holding around 154.80 as the US Dollar remains supported by elevated US Treasury yields and safe-haven demand, while traders await this week’s Federal Reserve and Bank of Japan policy decisions. The pair remains caught between two competing forces: resilient US Dollar demand on one side and growing expectations of further […]
Today Markets Analysis: The South Korean won weakened to around KRW 1,353 per US dollar, retreating from a near two-year high as expectations for tighter Federal Reserve policy strengthened. A firmer dollar, elevated US Treasury yields and surging oil prices are creating a difficult combination for a currency heavily exposed to energy import costs. Fed […]
Today Markets Analysis: EUR/JPY is attempting to stabilise after two consecutive sessions of gains, trading around 178.70 during Asian hours. Despite the recent bounce, the broader technical structure remains bearish, with the cross trapped inside a descending channel and trading below its key short-term moving averages. The interesting feature of the current market is the […]
Today Markets Analysis: The Euro remains under pressure against the US Dollar, with EUR/USD trading below 1.1550 for a fourth consecutive session as investors await Wednesday’s Federal Reserve decision. Rising US rate expectations, elevated Treasury yields and renewed geopolitical tensions are combining to support the Dollar, leaving the Euro struggling to regain momentum. EUR/USD was […]
Today Markets Analysis: Sterling is losing momentum against the US Dollar as traders prepare for a potentially important week for both central banks. GBP/USD has slipped to around 1.3490, with expectations of a Federal Reserve rate hike supporting the Dollar ahead of Wednesday’s decision, while a heavy UK economic calendar could determine whether the Pound […]
Today Markets Analysis: The Swiss Franc is losing ground against the US Dollar as traders position for a potentially important shift in Federal Reserve policy. With the Fed widely expected to raise interest rates on Wednesday while the Swiss National Bank is expected to keep its policy rate at 0%, the interest-rate differential is once […]