The Pound Sterling (GBP) losses ground versus the Japanese Yen (JPY) on Thursday as the cross-pair reversed its course from around weekly highs of 200.34, weighed by investors' growing concerns about Britain's finances. GBP/JPY trades at 199.72, down 0.27%.
Gold (XAU/USD) steadies on Thursday after briefly slipping on stronger-than-expected US economic data, as geopolitical risks lend support. Bloomberg reports that European diplomats privately warned Moscow they are prepared to shoot down Russian jets.
The GBPUSD is trading to new session lows as it breaks lower. I will look at the 3 major currency pairs - the EURUSD, USDJPY and GBPUSD - from a technical perspective in this video and outline the key levels in play.
US Dollar (USD) is likely to trade in a range between 148.20 and 149.15. In the longer run, renewed upward momentum suggests USD could reach 149.15; it is unclear whether it could continue to rise to 149.55, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
USD/MXN has broken below its recent consolidation base, signaling renewed downside momentum, with 18.65 now the key barrier to cap rebounds before the pair potentially extends losses toward 18.15 and 17.80/60, Société Générale's FX analysts note.
Rather than continuing to weaken, Australian Dollar (AUD) is more likely to trade in a lower range of 0.6565/0.6605. In the longer run, the price action suggests that the likelihood of AUD testing 0.6550 is increasing, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
EUR/CHF is testing a critical support zone after slipping below its 200-day moving average, with the 0.9285–0.9260 trendline likely to determine whether the pair stabilizes or extends its decline, Société Générale's FX analysts note.
Pound Sterling (GBP) could retest the 1.3430 support level; a sustained break below this level is unlikely. The next support at 1.3365 is also unlikely to come under threat for now.
At the beginning of the year, very few analysts would have predicted that the Brazilian real and the Mexican peso would perform so well against the US dollar, with gains of 17% and 13% respectively, Commerzbank's FX analyst Tatha Ghose notes.
US Dollar (USD) extended its rebound momentum post-Fed cut. Cautious remarks from Fed officials dampened bearish bets on USD. DXY last seen at 97.80 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
We don't really buy into the story that geopolitics has driven the dollar stronger this week. If investors were substantially more worried about military conflict at NATO's eastern border, CEE currencies would be a lot weaker, as would German equity markets.
The LDP leadership campaign is underway, with election scheduled on 4 October. 5 names have surfaced but the race is tight between Sanae Takaichi and Shinjiro Koizumi. Asahi polls showed Takaichi leading with 28% and Koizumi at 24%.
The Swiss National Bank's (SNB) decision is today's highlight. Decision-makers are faced with a challenging choice: the inflation rate has fallen steadily in recent months and is now approaching the lower limit of the target range of 0% to 2% year-on-year.
The SNB meets to set policy today, at a time when Switzerland faces a 39% tariff on exports to the US, when CPI is running at just 0.2% year-on-year and when its preferred, inflation-adjusted measure of the Swiss franc is close to the extreme highs of early 2024, which prompted a dovish shift in ton
USD/CHF traded firmer amid broad USD rebound. Pair was last at 0.7956 levels. SNB MPC meeting today – likely a hold, OCBC's FX analysts Frances Cheung and Christopher Wong note.
The British Pound is trading higher against the Japanese Yen for the fourth consecutive day. The pair bounced up from the 199.20 area last week and has returned above the 200.00 level; however, a broken trendline resistance in the vicinity of 200.30 is currently holding bulls back for now.
The AUD/JPY cross trades flat near 98.05 during the early European session on Thursday. Minutes from the Bank of Japan’s (BoJ) July meeting revealed that board members expect the central bank to keep hiking if inflation and the economy move as estimated.
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, edges lower during the Asian session on Thursday and erodes a part of the previous day's strong move up to the 98.00 neighborhood, or a two-week high.
EUR/JPY halts its three-day winning streak, trading around 174.70 during the Asian hours on Thursday. The currency cross holds losses ahead of the German GfK Consumer Confidence Survey due later in the day.
Próbujesz zalogować się z urządzenia, które jest nowe lub już nieaktywne. Zweryfikuj to urządzenie, wprowadzając kod autoryzacji wysłany na Twój adres e-mail.
Subskrybuj tę dyskusjęPowiadom mnie, gdy ktoś doda post do tej dyskusjiPowiadomienia odbywają się na stronie i przez e-mail. Wskaż częstotliwość powiadomień e-mail, które chcesz otrzymywać w ramach tej subskrypcji.Częstotliwość e-maili:
Subskrybuj
| Napisz opinię
Important Information Before You Sign Up as a Company
Before you proceed, please read this important information about our review and rating policies.
Do – Get real customer reviews and embed our ratings widgets
Do – Get real customer reviews and embed our ratings widgets
Showcasing real experiences builds trust and drives long-term success. Our widgets highlight authentic customer feedback, boosting credibility. They link directly to your review page, making it easy for customers to share their experiences—so place them where happy clients can see and contribute.
Don't – Attempt to trick our system with fake reviews
Don't – Attempt to trick our system with fake reviews
We outperform other platforms in detecting fake reviews—our system gets smarter with more reviews. Using automated and human analysis, we monitor review trends, company history, and network and engagement patterns to flag suspicious reviews. Spam reviews appear in the spam tab, alerting the community, and repeated abuse may trigger manual violations. The best strategy? Rely on real, satisfied customers to build your rating honestly.
Podziel się swoją opinią!
Mamy nadzieję, że podoba Ci się ten serwis i chcielibyśmy usłyszeć o Twoich wrażeniach!
Kliknij jeden z tych linków, aby zostawić recenzję: