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AI-Enhanced Forex News Archive

Professional trading insights from Friday, October 17, 2025

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News Statistics for Friday, October 17, 2025

9
Total Articles
4
Bullish
1
Bearish
4
Neutral

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Archive date: Friday, October 17, 2025

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Forexlive

The story remains the same for the USDCAD technicals. Traders waiting for the break.

The USDCAD technical picture remains largely unchanged. On Monday, the pair pushed above the 38.2% retracement of the 2025 trading range and also broke above a key swing area between 1.40106 and 1.40268. Since then, the price has held above that zone, keeping buyers in control of the short-term bias.However, upside momentum has been capped, with the Tuesday high at 1.40798 marking the current ceiling.
USD CAD
Sentiment: Positive
Source: Finnhub
Forexlive

EUR/USD steady as Eurozone inflation ticks higher to 2.2% YoY

EUR/USD remains range-bound near 1.0850 as Eurozone's final September CPI confirmed at 2.2% year-over-year, up from August's 2.0%. Core inflation unexpectedly revised higher to 2.4% from the preliminary 2.3%, suggesting persistent price pressures in the region. The data reinforces the European Central Bank's cautious stance on rate cuts, with policymakers likely to maintain current rates through year-end. Markets are pricing in limited ECB easing compared to other major central banks, providing underlying support for the euro. Technical indicators show EUR/USD consolidating within a 1.0820-1.0880 range, with the pair needing to break above 1.0900 to signal renewed bullish momentum. The inflation data, while supportive for the euro, hasn't triggered significant movement as traders await next week's ECB meeting minutes for further policy guidance.
EURUSD
Sentiment: Neutral
Source: Finnhub
investing.com

USD/JPY: Yen Nears End of Corrective Phase

Market Analysis by covering: US Dollar Japanese Yen, United States 10-Year. Read 's Market Analysis on Investing.com
USDJPY
Sentiment: Neutral
Source: Marketaux
investing.com

FX Alert: Something’s Wrong With the Plumbing

Market Analysis by covering: Euro US Dollar, US Dollar Japanese Yen, Gold Spot US Dollar, Zions Bancorporation. Read 's Market Analysis on Investing.com
USDJPY
Sentiment: Neutral
Source: Marketaux
investing.com

USD Index surges as perfect storm drives dollar strength across majors

The US Dollar Index has rallied to multi-month highs, with EUR/USD dropping 0.5% to test 1.0800 support, USD/JPY advancing above 150.00, and USD/CHF breaking through 0.8650 resistance. The dollar's broad-based strength stems from a confluence of factors including robust US economic data, widening interest rate differentials, and safe-haven demand amid global uncertainties. Recent US retail sales and employment figures exceeded expectations, reinforcing the Federal Reserve's higher-for-longer rate narrative. Meanwhile, weakness in European and Asian economies contrasts sharply with US resilience, attracting capital flows into dollar-denominated assets. Technical analysis shows the DXY breaking above its 200-day moving average at 104.50, targeting the 106.00 psychological level. Currency strategists warn that the dollar's momentum could accelerate if upcoming US GDP data surprises to the upside, potentially pushing EUR/USD toward 1.0750.
EURUSD USDJPY USDCHF DXY
Sentiment: Very Positive
Source: Marketaux
investing.com

Gold/USD approaches record highs as economic uncertainty boosts havens

Gold prices have surged to $2,680 per ounce, approaching all-time highs as economic uncertainty and geopolitical tensions drive safe-haven demand. The precious metal gained 1.2% amid mixed signals from global markets, with EUR/USD volatility and concerns over slowing growth supporting bullion. Bitcoin also rallied 3.5% to $67,500, reflecting broader risk-off sentiment despite the cryptocurrency's typical correlation with risk assets. The US Dollar Index's strength has been partially offset by gold's appeal as an inflation hedge, with traders positioning for potential central bank policy divergence. Technical indicators show gold testing resistance at $2,685, with a breakout potentially targeting $2,700. Support remains firm at $2,650, coinciding with the 20-day moving average. Analysts note that sustained moves above current levels could trigger momentum-based buying, particularly if upcoming economic data disappoints.
XAUUSD EURUSD DXY BTCUSD
Sentiment: Very Positive
Source: Marketaux
investing.com

USD/CAD consolidates near 6-month peak as oil prices stabilize

USD/CAD is trading at 1.3820, holding just below its six-month high of 1.3850 reached earlier this week. The pair has gained 2.1% over the past month, driven by diverging monetary policies between the Federal Reserve and Bank of Canada. Oil prices stabilizing near $85 per barrel have provided temporary support for the Canadian dollar, preventing further USD/CAD advances. Canada's latest inflation data showed CPI cooling to 2.1% annually, giving the BoC room for potential rate cuts, while the Fed maintains its hawkish bias. Technical analysis reveals strong resistance at 1.3850, with a break above targeting 1.3900. Support is established at 1.3780, aligning with the 50-day moving average. Traders are closely monitoring next week's Canadian retail sales data and OPEC+ meeting outcomes, which could determine whether USD/CAD breaks its current range.
USDCAD
Sentiment: Positive
Source: Marketaux
investing.com

EUR/USD recovery stalls at 1.0750 as bulls lack conviction

EUR/USD attempted a mild recovery to 1.0745 but struggled to maintain momentum above the 1.0750 resistance level. The pair gained 0.15% from session lows but remains down 0.8% for the week amid persistent dollar strength. Technical indicators suggest fragile bullish momentum, with the RSI hovering near 45 and the pair trading below its 50-day moving average at 1.0780. For a sustained recovery, EUR/USD needs to break and hold above the 1.0750-1.0760 resistance zone, which would open the path toward 1.0800. Immediate support lies at 1.0720, with a break below potentially accelerating losses toward 1.0680. Market participants await tomorrow's Eurozone PMI data and ECB officials' speeches for fresh directional cues. The lack of strong buying interest suggests traders remain cautious about euro strength amid ongoing economic headwinds in the region.
EURUSD
Sentiment: Negative
Source: Marketaux

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