AI-Enhanced Forex News Archive

Forexlive

Oct 29, 2025

USD, yields move higher, stocks lower after Powell says another cut is far from assured

US yields have moved higher with the 10 year yield now up 6.6 basis points at 4.048%. Stocks have move lower with the Dow industrial average and the S&P now negative. The NASDAQ index did go into negative territory but is bouncing back and trades up 0.40% and volatile tradingFed Powell says that a December cut is not assured.EURUSD: The EURUSD fell below the 100 and 200 hour moving averages near 1.1633.

USD EUR GBP JPY

Source: Finnhub

investing.com

Oct 29, 2025

EUR/USD Holds Near 1.1630 as Traders Brace for Fed and ECB Decisions

Market Analysis by covering: Euro US Dollar, US Dollar Index Futures, Germany 10-Year, United States 10-Year. Read 's Market Analysis on Investing.com

EURUSD

Source: Marketaux

Forexlive

Oct 29, 2025

XAU/USD rebounds $40 to $3,994 but faces resistance at $4,030 level

Gold (XAU/USD) has gained approximately $40 today, trading near $3,994 after bouncing from yesterday's low around $3,886. The precious metal reached an intraday high of $4,030 before encountering selling pressure, suggesting this level acts as significant resistance. The 1% recovery reflects renewed safe-haven demand amid uncertainty surrounding upcoming central bank decisions from the Federal Reserve, Bank of Japan, and European Central Bank. Technical indicators show the metal maintaining support above the $3,886 level, which could serve as a foundation for further gains. However, the inability to sustain moves above $4,030 indicates sellers remain active at higher levels. Traders are closely monitoring whether gold can establish a foothold above the psychological $4,000 mark, which would signal potential for testing the $4,030 resistance again. A decisive break above this level could accelerate momentum toward $4,050-$4,075 range.

XAUUSD

Sentiment: Positive

Source: Finnhub

Forexlive

Oct 29, 2025

USD/CAD faces pressure as Canada unveils fiscal stimulus measures

USD/CAD is trading under pressure near 1.3850 as Canada's November 4 budget announcement includes accelerated capital expensing provisions. Finance Minister Carney's first budget will allow companies to write off machinery and capital costs more aggressively, mirroring similar US policies introduced earlier this summer. This fiscal stimulus measure is expected to boost Canadian business investment and economic growth, potentially supporting the Canadian dollar. The policy change could narrow the competitive gap with US tax incentives, making Canada more attractive for corporate investment. Technical indicators show USD/CAD testing support at 1.3840, with resistance at 1.3900. A sustained break below current levels could target 1.3800 psychological support. Traders should monitor upcoming Canadian GDP data and oil price movements, which remain key drivers for the loonie's performance against the greenback.

USDCAD

Sentiment: Negative

Source: Finnhub

investing.com

Oct 29, 2025

USD/JPY awaits Fed, BoJ decisions and US-China talks for direction

USD/JPY remains in consolidation mode as traders position ahead of critical events including Federal Reserve and Bank of Japan monetary policy decisions, alongside US-China diplomatic talks. The pair's directional bias hinges on potential policy divergence between the two central banks, with the Fed expected to maintain its hawkish stance while the BoJ continues its ultra-accommodative policy. US-China trade negotiations add another layer of complexity, potentially impacting risk sentiment and safe-haven yen demand. Technical analysis suggests the pair is coiling within a narrowing range, preparing for a significant breakout. Key resistance lies at recent highs, while support levels have been established at previous consolidation zones. The combination of central bank decisions and geopolitical developments could trigger substantial volatility in USD/JPY. Traders should prepare for increased price swings as these events unfold, with the potential for a decisive move that establishes the pair's medium-term trend direction.

USDJPY

Sentiment: Neutral

Source: Marketaux

investing.com

Oct 29, 2025

USD/CAD and FTSE 100 offer key trading opportunities amid market shifts

USD/CAD and FTSE 100 index present compelling trading setups as market dynamics shift ahead of major central bank decisions. The Canadian dollar faces pressure from fluctuating oil prices and diverging monetary policy expectations between the Federal Reserve and Bank of Canada. USD/CAD technical patterns suggest potential for upside continuation if key resistance levels are breached. Meanwhile, the FTSE 100 navigates between global growth concerns and domestic UK economic data, with technical indicators pointing to critical support and resistance zones. The pound's performance against the dollar adds complexity to UK equity movements, as GBP/USD volatility impacts multinational earnings translations. Both instruments offer clear risk-reward setups for traders, with defined entry and exit levels based on current technical structures. Market participants should monitor upcoming economic releases and central bank communications, which could catalyze breakouts from current consolidation patterns in both USD/CAD and FTSE 100.

USDCAD GBPUSD

Sentiment: Neutral

Source: Marketaux

zerohedge.com

Oct 29, 2025

NASDAQ futures hit records as NVIDIA tops $5T ahead of Fed decision

US equity futures surge to fresh record highs with NASDAQ leading gains as NVIDIA's market capitalization exceeds $5 trillion, reflecting continued AI-driven optimism ahead of the Federal Reserve's rate decision. The technology sector rally strengthens dollar sentiment as foreign investors increase US asset allocations, potentially impacting major forex pairs including EUR/USD and USD/JPY. Market positioning suggests traders expect a dovish Fed pivot, which could paradoxically weaken the dollar despite equity strength. The correlation between US stock performance and dollar flows remains complex, with risk-on sentiment potentially benefiting high-beta currencies against the greenback. Upcoming earnings from major technology companies ('Mag 7') add another volatility catalyst, with results likely to influence both equity markets and currency movements. Forex traders should monitor the interplay between record equity levels and dollar strength, as divergence between these typically correlated assets could signal regime change in market dynamics.

EURUSD USDJPY

Sentiment: Very Positive

Source: Marketaux

rttnews.com

Oct 29, 2025

Markets pause as Fed, BoJ, and ECB rate decisions loom large

Global forex markets enter holding pattern as traders await crucial interest rate decisions from the Federal Reserve, Bank of Japan, and European Central Bank, creating potential for significant volatility across major currency pairs. The synchronized timing of these central bank meetings heightens market uncertainty, with EUR/USD, USD/JPY, and EUR/JPY positioned for substantial moves based on policy divergence. Current market pricing reflects expectations for varied approaches: potential Fed hawkishness, continued BoJ accommodation, and ECB's balancing act between inflation control and growth support. This triple-event risk creates unusual correlation dynamics across G10 currencies, with safe-haven flows potentially disrupting traditional relationships. Technical indicators across major pairs show compression, suggesting explosive moves once policy clarity emerges. Traders should prepare for heightened volatility with wider spreads likely during announcement periods. The collective impact of these decisions could reshape currency trends for the remainder of 2025.

EURUSD USDJPY EURJPY

Sentiment: Neutral

Source: Marketaux

rttnews.com

Oct 29, 2025

Markets Await Central Bank Decisions

World market spotlight turned on interest rates ahead of the monetary policy pronouncements by the Federal Reserve, Bank of Japan as well as the European Central Bank.

USDCAD

Sentiment: Neutral

Source: Marketaux

investing.com

Oct 29, 2025

Markets Await Fed Signal as Economic Momentum Builds

Market Analysis by covering: Euro US Dollar, US Dollar Japanese Yen, Australian Dollar US Dollar, US Dollar Index Futures. Read 's Market Analysis on Investing.com

EURUSD

Sentiment: Positive

Source: Marketaux

Forexlive

Oct 29, 2025

USD/CNH faces pressure as Trump-Xi meeting approaches with trade optimism

USD/CNH sentiment has shifted cautiously bearish ahead of tomorrow's crucial Trump-Xi meeting scheduled for 3-4 hours starting between 0000-0300 GMT Thursday. Markets are positioning for potential yuan strength on rising optimism that the leaders will make progress on trade negotiations. Trump's comment that 'things will work out very well' has fueled risk-on sentiment, weighing on the safe-haven dollar. Additionally, the announcement that a trade deal with South Korea is 'pretty much finalized' reinforces the administration's willingness to reach agreements, potentially setting a positive tone for China talks. Traders should monitor Asian session volatility as the meeting approaches, with USD/CNH likely to see increased two-way price action. A breakthrough in negotiations could trigger significant yuan appreciation, while any disappointment might see the pair spike higher on renewed trade uncertainty.

USDCNH USDKRW

Sentiment: Negative

Source: Finnhub

investing.com

Oct 29, 2025

EUR/USD volatility expected ahead of crucial Fed rate decision

EUR/USD is consolidating around 1.0800 as markets await the Federal Reserve's upcoming monetary policy decision. The pair has shown limited directional bias in recent sessions, with traders reluctant to take significant positions before the Fed announcement. Market consensus expects the Fed to maintain current rates, but focus remains on forward guidance and any hints about future policy trajectory. European Central Bank officials have maintained a hawkish stance, providing underlying support for the euro. Technical analysis shows EUR/USD trapped between resistance at 1.0850 and support at 1.0750. A hawkish Fed surprise could push the pair toward 1.0700, while dovish signals might trigger a rally above 1.0900. Implied volatility has risen significantly, suggesting potential for sharp moves post-announcement. Traders are advised to monitor both the rate decision and Chairman Powell's press conference for directional cues.

EURUSD

Sentiment: Positive

Source: Marketaux

forexcrunch.com

Oct 29, 2025

AUD/USD Forecast: Soars as Strong CPI Dampens RBA Rate Cut Hopes

The AUD/USD forecast remains bullish, hitting a 3-week top after the upbeat data pared hopes for a dovsish RBA stance.

AUDUSD

Sentiment: Positive

Source: Marketaux

investing.com

Oct 29, 2025

USD Index shows September pattern but rally momentum weakens

The US Dollar Index (DXY) is displaying price action reminiscent of September's pattern, currently trading near 104.20 but with notably reduced bullish momentum. Unlike September's sharp rally, current market dynamics suggest a more subdued dollar performance ahead. EUR/USD remains range-bound near 1.0800, while USD/CAD faces resistance at 1.3900 amid Canadian fiscal stimulus expectations. The divergence from September's aggressive dollar strength reflects shifting market sentiment and reduced expectations for hawkish Fed surprises. Technical indicators show DXY struggling to break above 104.50 resistance, with support at 103.80. A failure to maintain above 104.00 could signal further dollar weakness across major pairs. Market participants are increasingly focused on upcoming economic data releases, particularly US employment figures and inflation metrics, which could determine whether the dollar can regain its earlier momentum or continue its current consolidation phase.

EURUSD USDCAD

Sentiment: Neutral

Source: Marketaux

investing.com

Oct 29, 2025

Gold steady amid Fed decision anticipation, EUR/USD and USD/JPY in focus

Gold prices remained stable at $2,745 per ounce as markets await the Federal Reserve's upcoming policy decision and ongoing trade negotiations. EUR/USD showed mild strength, trading at 1.0825 with a 0.15% gain, supported by expectations of a dovish Fed stance. USD/JPY retreated 0.2% to 153.20 as safe-haven demand for the yen increased amid trade uncertainty. The US Dollar Index futures declined 0.1% to 104.50, reflecting cautious sentiment ahead of key risk events. Traders are closely monitoring Fed commentary for hints about the pace of future rate cuts, particularly given mixed economic signals. Technical analysis shows gold facing resistance at $2,760 while finding support at $2,730. The combination of monetary policy uncertainty and geopolitical tensions suggests continued volatility across major forex pairs and precious metals in the near term.

EURUSD USDJPY XAUUSD

Sentiment: Neutral

Source: Marketaux

investing.com

Oct 29, 2025

AUD/USD rises on commodity weakness, global inflation cooling signals

AUD/USD declined 0.4% to 0.6520 despite broader commodity price weakness, as copper futures fell 2.1% and Brent oil dropped 1.8% to $71.20 per barrel. The Australian dollar faced pressure from deteriorating commodity demand, traditionally a key driver for the currency. WTI crude oil futures also retreated 1.9% to $67.80, reinforcing the bearish commodity complex. Global inflation indicators showed continued moderation, with market expectations shifting toward more accommodative central bank policies worldwide. The commodity price plunge particularly impacts the Australian economy, given its heavy reliance on raw material exports. Technical indicators suggest AUD/USD may test support at 0.6500, with resistance now established at 0.6550. The cooling inflation narrative could prompt the Reserve Bank of Australia to reconsider its hawkish stance, potentially limiting any near-term recovery in the Aussie dollar against its US counterpart.

AUDUSD

Sentiment: Negative

Source: Marketaux

Forexlive

Oct 29, 2025

Gold to peak H1 2025 - HSBC forecasts continued bullion strength

HSBC projects gold prices will reach new highs in the first half of 2025, viewing current weakness as a temporary setback in the precious metal's upward trajectory. The bank's analysts cite persistent inflation concerns, geopolitical tensions, and central bank gold accumulation as key drivers supporting prices above $2,800 per ounce. Despite this week's 0.8% pullback to $2,742, HSBC maintains its bullish outlook based on structural demand factors. The forecast suggests continued dollar weakness and lower real yields will enhance gold's appeal as a portfolio hedge. Central banks, particularly in emerging markets, have accelerated gold purchases, adding 1,037 tonnes in 2023. Technical analysis indicates strong support at $2,700, with momentum indicators suggesting the current consolidation phase may provide an attractive entry point. HSBC's projection implies potential upside of 5-7% from current levels, making gold an attractive proposition for forex traders seeking safe-haven exposure.

XAUUSD

Sentiment: Very Positive

Source: Finnhub

investing.com

Oct 29, 2025

AUD/USD surges as RBA rate cut odds collapse on hot inflation data

AUD/USD jumped 0.8% to 0.6580 after Australian inflation data significantly exceeded forecasts, effectively eliminating expectations for near-term RBA rate cuts. The quarterly CPI surged to 3.8% year-over-year, well above the 3.4% consensus and outside the RBA's 2-3% target band. Trimmed mean inflation also surprised at 3.5%, reinforcing sticky price pressures. Money markets rapidly repriced, with the probability of a December rate cut plummeting from 65% to just 15%. The strong inflation print suggests the RBA may need to maintain its hawkish stance longer than other major central banks, providing fundamental support for the Australian dollar. Technical indicators show AUD/USD breaking above the 0.6550 resistance level, with next target at 0.6620. The inflation surprise represents a significant shift in RBA policy expectations, potentially establishing a more constructive outlook for the Aussie dollar through early 2025.

AUDUSD

Sentiment: Very Positive

Source: Marketaux

investing.com

Oct 29, 2025

USD/JPY falls as yen gains on BoJ credibility, not carry trade dynamics

USD/JPY declined 0.6% to 152.80 as the yen strengthened on improving Bank of Japan policy credibility rather than traditional carry trade unwinding. The BoJ's commitment to gradual policy normalization has restored confidence in the currency, despite the wide interest rate differential with the US remaining at 4.5%. Nikkei 225 futures fell 1.2%, reflecting concerns about yen strength impacting export competitiveness. Market participants are reassessing the BoJ's determination to exit ultra-loose policy, with Governor Ueda's recent hawkish comments suggesting potential rate hikes ahead. Technical analysis shows USD/JPY breaking below the key 153.00 support level, with next target at 152.00. The shift in yen dynamics from carry trade flows to central bank credibility marks a fundamental change in the pair's drivers. Traders should monitor upcoming BoJ communications closely, as further hawkish signals could accelerate yen appreciation regardless of yield differentials.

USDJPY

Sentiment: Negative

Source: Marketaux

Forexlive

Oct 29, 2025

USD/CNH eyes volatility as Trump hints at new US-China trade deal

USD/CNH trades cautiously near 7.3250 as markets digest Trump's comments about a potential 'great deal' between the US and China. The former president's remarks suggest a continuation of the existing trade truce established in May, though details remain scarce. Market participants express skepticism, drawing parallels to the failed Phase One trade agreement of 2018-19 that quickly unraveled after implementation. The Chinese yuan has shown resilience against the dollar despite ongoing geopolitical uncertainties, with traders monitoring any concrete policy announcements. Technical indicators show USD/CNH consolidating within a 7.30-7.35 range, with resistance at 7.3500 and support at 7.3000. The lack of specifics in Trump's statement has kept volatility subdued, though any formal trade negotiations could trigger significant price movements. Traders should watch for official statements from both governments that could impact risk sentiment and emerging market currencies.

USDCNH

Sentiment: Neutral

Source: Finnhub