AI-Enhanced Forex News Archive

Forexlive

Sep 2, 2025

investingLive Americas FX news wrap: Gold continues to rise above $3500

US August ISM manufacturing 48.7 vs 49.0 expectedUS July construction spending -0.1% vs -0.1% expectedUS August S&P Global final manufacturing PMI 53.0 vs 53.3 prelimAugust Canada S&P Global manufacturing PMI 48.3 vs 46.1 priorTrump: We're going to the Supreme Court tomorrow on tariff decisionTrump confirms that Space Command will move to AlabamaTrump: China, India and Brazil kill us with tariffsECB's Muller: It makes sense to hold rates and watch the economyAtlanta Fed GDPNow Q3 tracker 3.0%...

USD JPY

Source: Finnhub

Forexlive

Sep 2, 2025

WTI Crude Surges to $65.66, Highest Since August 6

WTI crude oil has rallied $1.65 (2.6%) to $65.66, marking its highest level since August 6, despite experiencing significant intraday volatility. The session saw a dramatic $1 selloff during US trading hours followed by a complete recovery, demonstrating strong underlying demand. Time spreads are widening notably, signaling improving supply/demand dynamics in the oil market. This oil strength could support commodity-linked currencies such as CAD and NOK, while potentially pressuring oil-importing nations' currencies. The recovery in oil prices may also contribute to inflation expectations, influencing central bank monetary policy decisions. Technical indicators suggest momentum building above the $65 level, with immediate resistance at the August high around $67. Traders should monitor oil's correlation with USD/CAD, which typically moves inversely to oil prices given Canada's significant energy exports.

USDCAD USDNOK

Sentiment: Positive

Source: Finnhub

nasdaq.com

Sep 2, 2025

Dollar Climbs With Bond Yields

The dollar index today is up by +0.37%. Today's weakness in stocks is boosting liquidity demand for the dollar. Also, higher T-note yields today are supportive of the dollar.

USDJPY

Source: Marketaux

Forexlive

Sep 2, 2025

USD/JPY retreats from 148.50 as dollar weakness emerges post-US open

USD/JPY has pulled back from session highs near 148.50, currently trading around 148.00 as US dollar strength fades following the New York equity open. The pair's decline coincides with a stabilization in risk sentiment and a retreat in US Treasury yields across the curve, led by European sovereign bond movements. The current level of 148.00 represents the 50% Fibonacci retracement of the Asian session rally, providing key near-term support. Dollar sellers emerged shortly before the equity open, signaling a shift in intraday momentum. The reversal suggests profit-taking on earlier yen weakness and reflects improved risk appetite as initial market fears subsided. Traders should monitor the 148.00 support level closely, as a break below could accelerate selling toward 147.50, while resistance remains at the earlier high of 148.50.

USDJPY

Sentiment: Negative

Source: Finnhub

financefeeds.com

Sep 2, 2025

GBP/USD Plunges 1% in One-Hour Flash Crash

GBP/USD experienced a dramatic 1% decline (approximately 125 pips) within just one hour, marking a significant flash crash event in the British pound. The sharp selloff caught traders off-guard, with the pair breaking through multiple support levels in rapid succession. While specific catalysts remain unclear, the velocity of the move suggests potential algorithmic trading involvement or liquidity-driven stop-loss cascades. The pound's weakness reflects ongoing concerns about UK economic fundamentals and potential Bank of England policy divergence from other major central banks. Technical damage appears severe, with the pair likely breaking below key moving averages and psychological support levels. Immediate support may emerge at recent swing lows, while any recovery attempts could face resistance at former support zones turned resistance. Traders should exercise caution given the heightened volatility and potential for further erratic price action.

GBPUSD

Sentiment: Very Negative

Source: Marketaux

rttnews.com

Sep 2, 2025

DAX plunges on surprise Euro Area inflation surge above expectations

Germany's DAX index is trading sharply lower following higher-than-expected inflation data from the Euro Area, creating significant headwinds for European equities. The benchmark index tracking Frankfurt's 40 largest companies has fallen into deep negative territory as the inflation surprise dampens market sentiment and raises concerns about the European Central Bank's monetary policy trajectory. The unexpected inflation acceleration suggests the ECB may need to maintain its hawkish stance longer than anticipated, potentially delaying any policy easing. This development is strengthening the euro against major currencies as traders price in sustained higher interest rates. The inflation data has broader implications for forex markets, particularly EUR crosses, as monetary policy divergence becomes more pronounced. Traders should expect increased volatility in EUR pairs as markets digest the implications for future ECB decisions.

EURUSD EURJPY EURGBP

Sentiment: Negative

Source: Marketaux

forexcrunch.com

Sep 2, 2025

EUR/USD: Dollar Rebounds as NFP Report Looms

EUR/USD is facing renewed selling pressure as the US dollar stages a recovery following its August decline. The greenback's rebound comes as markets position ahead of Friday's crucial Non-Farm Payrolls report, which could significantly impact Federal Reserve rate expectations. August saw the dollar weaken broadly, but early September trading suggests a potential trend reversal. Market participants are particularly focused on US labor market strength, with consensus expecting robust job gains that could support the Fed's hawkish stance. The euro faces its own challenges, with ECB officials signaling concern about eurozone growth prospects. Technical analysis shows EUR/USD testing key support levels established during August's rally. A strong NFP print could accelerate dollar gains and push EUR/USD toward 1.0800 support, while disappointing data might reignite the pair's upward momentum toward 1.1000 resistance.

EURUSD

Sentiment: Negative

Source: Marketaux

Forexlive

Sep 2, 2025

USD Faces Pressure as Markets Price 55bps Fed Cuts Before NFP

USD index remains under pressure as markets price in 55 basis points of Federal Reserve rate cuts by year-end, ahead of crucial US labor market data this week. The dollar has weakened 0.2% against major peers, with traders positioning for Wednesday's ADP employment report and Friday's Non-Farm Payrolls as key risk events. Current market pricing shows the Fed leading major central banks in expected easing, contrasting sharply with minimal cuts priced for the ECB (7bps) and BoE (8bps). The Bank of Japan stands alone with 15bps of rate hikes expected. Technical analysis shows the DXY testing support at 101.50, with resistance at 102.20. A disappointing jobs report could accelerate dollar weakness, potentially pushing EUR/USD above 1.1000 and USD/JPY below 145.00. Conversely, strong employment data might trigger a hawkish repricing and dollar recovery.

EURUSD GBPUSD USDJPY USDCAD AUDUSD NZDUSD USDCHF

Sentiment: Negative

Source: Finnhub

investing.com

Sep 2, 2025

USD/JPY faces pressure as BoJ rate hike bets strengthen yen appeal

USD/JPY is experiencing downward pressure as speculation intensifies regarding a potential Bank of Japan rate hike, bolstering the yen's attractiveness against a fluctuating US dollar. Market participants are increasingly pricing in the possibility of BoJ policy normalization, marking a significant shift from years of ultra-loose monetary policy. The speculation comes amid signs of sustainable inflation in Japan and growing wage pressures, key conditions the BoJ has cited for policy adjustment. Meanwhile, the US dollar's performance remains mixed, caught between conflicting economic signals and Federal Reserve policy uncertainty. Technical indicators suggest USD/JPY may test key support levels if BoJ hawkish sentiment persists. The potential for Japanese policy tightening while other major central banks consider easing creates a compelling divergence trade. Traders should monitor upcoming BoJ communications closely for confirmation of policy shift timing.

USDJPY

Sentiment: Negative

Source: Marketaux

investing.com

Sep 2, 2025

GBP/USD bulls target breakout after extended summer consolidation phase

GBP/USD is showing signs of bullish momentum as traders eye a potential range breakout following weeks of summer consolidation. The pair has been trapped in a tight trading range, building energy for a directional move as market participants await fresh catalysts. Technical analysis reveals compression patterns typically associated with impending volatility expansion, with bulls positioning for an upside breakout. The extended consolidation period has allowed moving averages to converge, setting up potential dynamic support levels. Key resistance lies at the upper boundary of the recent range, while support has been established through multiple tests of the lower boundary. A successful breakout could trigger momentum-based buying, targeting psychological levels above. However, traders should remain cautious of false breakouts common after prolonged consolidation phases. Volume and momentum indicators will be crucial in confirming any directional move.

GBPUSD

Sentiment: Positive

Source: Marketaux

thestockmarketwatch.com

Sep 2, 2025

USD/JPY Rises as Japan's LDP Leadership Crisis Deepens

USD/JPY has advanced 0.4% to 146.85 as political uncertainty grips Japan following LDP Secretary-General Hiroshi Moriyama's resignation announcement. The yen weakened across the board as markets assess potential implications for Bank of Japan policy continuity amid the ruling party's leadership turmoil. The pair broke above the 146.50 resistance level, supported by rising US Treasury yields and concerns about Japan's political stability. Russian oil export data showing increased flows to Asia added to yen pressure through potential trade balance implications. Technical indicators suggest bullish momentum, with the next resistance at 147.50 (August high) while support sits at 146.00. The political vacuum could delay BoJ's normalization plans, despite 15bps of rate hikes priced by year-end. Traders await further developments in Japan's political landscape while monitoring US dollar dynamics ahead of this week's employment data.

USDJPY

Sentiment: Positive

Source: Marketaux

forexlive.com

Sep 2, 2025

GBP/USD Drops 0.6% as UK Gilt Yields Surge to Multi-Year Highs

GBP/USD has plummeted 0.6% to 1.2740 as UK government bond yields exploded higher, with 30-year gilt yields jumping 15 basis points to 4.95%, the highest since 2008. The pound came under severe pressure as the gilt market selloff signals growing concerns about UK fiscal sustainability and inflation persistence. The surge in borrowing costs threatens to constrain government spending and potentially impact economic growth. Market participants are reassessing BoE rate cut expectations, with only 8bps of easing now priced for 2024. Technical analysis shows GBP/USD breaking below the 1.2800 support level, with next support at 1.2700. The 10-year gilt yield reached 4.40%, up from 4.25% last week. This bond market turmoil could force the BoE to maintain higher rates longer, but paradoxically weakens sterling due to growth concerns and fiscal stress.

GBPUSD

Sentiment: Very Negative

Source: Marketaux

investing.com

Sep 2, 2025

Gold Holds Near $2,500 Record as Fed Rate Cut Speculation Grows

Gold (XAU/USD) consolidates near record highs at $2,498, up 0.2% as traders position ahead of the Federal Reserve's next policy decision. The precious metal has gained 21% year-to-date, supported by expectations of 55bps in Fed rate cuts by December and ongoing geopolitical tensions. Lower real yields continue to enhance gold's appeal as a non-yielding asset, with the 10-year TIPS yield at 1.85%. Technical indicators show strong bullish momentum, with immediate resistance at the psychological $2,500 level and support at $2,470. A break above $2,500 could trigger acceleration toward $2,550, while any hawkish Fed surprise might prompt profit-taking toward $2,450. Central bank gold purchases remain robust, adding fundamental support. The metal's correlation with real rates suggests further upside if US employment data disappoints this week, potentially pushing Fed easing expectations higher.

XAUUSD

Sentiment: Very Positive

Source: Marketaux

investing.com

Sep 2, 2025

EUR/USD Steady at 1.1050 Despite Eurozone Inflation Risks

EUR/USD trades unchanged at 1.1050 as dollar weakness offsets concerns about Eurozone inflation dynamics ahead of Tuesday's CPI release. The pair remains in a tight 30-pip range as traders balance US employment week positioning against European price pressure risks. Markets expect Eurozone inflation to tick up to 2.3% YoY from 2.2%, potentially complicating ECB's modest 7bps easing path priced for 2024. The euro finds support from the wide rate differential outlook, with Fed cuts expected to significantly exceed ECB moves. Technical analysis shows strong support at 1.1000 psychological level, with resistance at 1.1100. The pair's resilience despite inflation concerns reflects dominant dollar dynamics, with US labor market data likely to drive next directional move. A break above 1.1100 could target 1.1150, while disappointing Eurozone data might test 1.1000 support.

EURUSD

Sentiment: Neutral

Source: Marketaux

Forexlive

Sep 2, 2025

EUR/USD awaits Eurozone CPI data amid inflation concerns

EUR/USD trades cautiously near 1.0800 ahead of today's crucial Eurozone Flash CPI release, with markets expecting headline inflation to remain steady at 2.0% year-over-year. The Core CPI measure is forecast to ease slightly to 2.2% from the previous reading, which could influence the European Central Bank's monetary policy stance. A higher-than-expected inflation print would likely strengthen the euro as it may prompt the ECB to maintain restrictive rates for longer, while softer data could weigh on the currency. Technical indicators show EUR/USD consolidating within a tight range, with immediate resistance at 1.0820 and support at 1.0780. Traders are closely monitoring whether inflation remains sticky above the ECB's 2% target, which would support hawkish policy expectations. The outcome could set the tone for EUR/USD's direction through the remainder of the week, particularly with limited US economic releases scheduled.

EURUSD

Sentiment: Neutral

Source: Finnhub

Forexlive

Sep 2, 2025

XAU/USD breaks $3,500 resistance as gold hits record high in risk-off surge

XAU/USD surged 0.6% to breach the critical $3,500 resistance level, marking a new all-time high as September trading commenced with strong risk-off sentiment. The precious metal has finally broken out of its consolidation phase that began in late May, with buyers capitalizing on mounting global economic uncertainties and expectations of aggressive Federal Reserve rate cuts. Technical indicators show strong bullish momentum, with the breakout above the April high of $3,500 opening the path toward $3,550 and potentially $3,600 in the near term. The dollar's mixed performance hasn't deterred gold's advance, as investors prioritize safe-haven assets amid concerns over slowing global growth. Support now sits at the former resistance of $3,500, with $3,475 providing additional backing. Traders should monitor this breakout closely, as sustained trading above $3,500 could trigger accelerated buying from momentum-following algorithms and institutional investors.

XAUUSD

Sentiment: Very Positive

Source: Finnhub

forexlive.com

Sep 2, 2025

XAU/USD surges past $3,500 to record high in Asia-Pacific session

XAU/USD achieved a historic milestone during Tuesday's Asia-Pacific session, breaking above $3,500 to establish fresh all-time highs as safe-haven demand intensified. The breakout represents a significant technical achievement after months of consolidation below this psychological barrier. Asian markets witnessed heightened volatility with gold leading the charge, while currency pairs showed mixed reactions to the risk-off environment. The surge in gold prices reflects growing concerns about global economic stability and expectations of dovish monetary policy shifts from major central banks. Technical momentum remains strongly bullish, with no immediate resistance levels identified above current prices. The previous resistance at $3,500 now acts as initial support, followed by $3,475 as a secondary floor. Market participants are closely watching whether this breakout can sustain momentum through European and US sessions, as profit-taking could emerge at these elevated levels.

XAUUSD

Sentiment: Very Positive

Source: Marketaux

Forexlive

Sep 2, 2025

USD at risk: Trump tariff strategy faces legal challenges, Goldman warns

USD strength could face headwinds as Goldman Sachs warns that Trump administration's tariff increases may be legally vulnerable, potentially affecting dollar positioning. The investment bank notes that approximately 8 percentage points of the 11pp rise in effective U.S. tariff rates this year rely on the International Emergency Economic Powers Act (IEEPA), which faces potential court challenges. While the administration is expected to pivot to alternative legal mechanisms if IEEPA-based tariffs are overturned, such uncertainty could create volatility in USD pairs. The protectionist trade policy has been a key driver of dollar strength in 2025, supporting USD against major peers. Any legal setbacks could trigger USD weakness, particularly against trade-sensitive currencies like EUR, CNH, and commodity dollars. Traders should monitor legal developments closely as court decisions could rapidly shift the dollar's fundamental outlook and reverse recent USD gains across the board.

EURUSD USDJPY GBPUSD USDCAD AUDUSD NZDUSD USDCHF USDCNH

Sentiment: Negative

Source: Finnhub

forexlive.com

Sep 2, 2025

USD/JPY rebounds above 147.60 as dollar strengthens across major pairs

USD/JPY climbed back above 147.60, gaining approximately 0.4% as the US dollar demonstrated broad strength against major currencies during early Asian trading. The pair's recovery from earlier lows near 147.20 reflects renewed dollar demand despite mixed global risk sentiment. Notably, gold's surge to record highs hasn't dampened USD buying interest, suggesting divergent safe-haven flows between currencies and commodities. The yen's weakness persists despite traditional risk-off conditions that typically support the Japanese currency, indicating potential intervention concerns or shifting yield differentials. Technical analysis shows immediate resistance at 148.00, with support established at 147.20. The divergence between gold's strength and USD resilience presents an unusual market dynamic, potentially signaling selective risk aversion rather than broad-based fear. Traders should monitor Bank of Japan rhetoric for any hints of intervention as USD/JPY approaches the psychologically important 148.00 level.

USDJPY XAUUSD

Sentiment: Positive

Source: Marketaux