Forex Market

GBP/AUD is forming a potential bullish continuation pattern, with RBA minutes, Australian unemployment and Bank of England commentary among the catalysts that could spark a breakout.

EUR/USD is trading at 17-month lows near 1.1160 as political developments in Germany and Spain inject uncertainty into the euro’s outlook - where is the next support ahead of US CPI?

The weekly trade levels that matter on the US Dollar Index, GBP/USD and USD/CAD charts this week.

News over the weekend, including continued Houthi strikes in Riyadh has had negative impact on foreign currencies so far, especially those where the economy relies on energy imports. The EUR/USD is particularly vulnerable as lingering concerns over French fiscal policy continue to undermine the euro.

News over the weekend, including continued Houthi strikes in Riyadh has had negative impact on foreign currencies so far, especially those where the economy relies on energy imports. The EUR/USD is particularly vulnerable as lingering concerns over French fiscal policy continue to undermine the euro.

USD/CAD rally shows signs of exhaustion despite weak Canadian jobs data, while AUD and GBP could offer CAD bears better opportunities.

US yields are falling, Fed tightening expectations are easing, yet the dollar remains firm. French debt concerns may help explain why, with several major currency pairs approaching important technical levels.

Swiss franc safe-haven demand surges as Australian dollar shorts hit a record high. USD bulls add $10.1 billion to net longs in the latest COT report.

AUD/USD faces a volatile week as Middle East tensions, rising oil prices, RBA minutes, Australian jobs and US CPI test the Aussie's recovery.

USD/JPY has barely budged in October, with the price trapped between key moving averages. Could US inflation finally deliver the catalyst needed to break the stalemate?

The trading week has come to an end and a lack of direction around the yen remains evident in the short term. This can be seen in the performance of USD/JPY over the last three trading sessions, where the pair has recorded moves of barely 0.3%, highlighting a market that continues to develop within a broadly neutral environment.

Aussie is pressing a key trend barrier after rebounding from support, with next week’s CPI report poised to test the recovery.