Previews of the Australian jobs data are here:Australia jobs preview: CBA sees 15,000 gain, unemployment steady at 4.5%Australia jobs preview: employment seen rebounding in August, jobless rate at 4.5%AUD looks ready for a bounce back if the jobs data is strong. I'll have more to come on this separately. In the meantime:AUD is the biggest mover vs the USD at -1.02%.
USD
AUD
Source: Finnhub
The Invesco CurrencyShares British Pound Sterling Trust ETF is in a retracement phase, presenting a potential buying opportunity. Click to read more on FXB.
USDJPY
Source: Marketaux
The source reports no price moves, pip figures, levels or specific currency pairs. On September 23, Iranian President Masoud Pezeshkian addressed the UN General Assembly after US officials walked out of the hall ahead of his speech. He said Iran is open to diplomacy but will defend its interests in Hormuz. He also said Iran needs nuclear energy, not a nuclear bomb, and argued that the nuclear issue cannot be settled on the battlefield. The speech combines an openness to talks with a firm stance on Hormuz, and the US walkout highlights continued diplomatic friction. For traders, US-Iran headlines remain a geopolitical risk factor for oil-sensitive assets and broader risk sentiment. Follow-up statements from Washington or Tehran are the next signals to watch.
Sentiment:
Negative
Source: Finnhub
The source reports no currency price moves, pip figures or levels. Global markets traded on a lackluster note on Wednesday, September 23. Crude oil prices declined mildly, supported by hopes for progress in US-Iran diplomacy. Market attention is also on the highly anticipated Trump-Xi summit in Washington. The summit is expected to cover a broad range of issues, including trade, artificial intelligence and the global geopolitical scenario. Easing oil prices and diplomatic hopes are offset by caution ahead of the summit, which leaves overall sentiment muted. For traders, the summit's outcome on trade relations and any US-Iran diplomatic developments are the key catalysts to watch for shifts in broader risk appetite.
AUDUSD
Sentiment:
Neutral
Source: Marketaux
The source reports no price move, pip figure or technical levels. UK flash PMI data for September came in mixed. The services PMI slipped to 51.7, below the 52.0 expected and down from 52.5 prior. The manufacturing PMI beat forecasts at 52.0 versus 51.5 expected, up from 51.7 prior. The composite PMI matched the services reading at 51.7, short of the 52.0 consensus and down from 52.5 prior. Chris Williamson, Chief Business Economist at S&P Global Market Intelligence, described September as 'a worrying combination of disappointingly sluggish economic growth and intensifying inflationary pressures.' He added that subdued business confidence and high costs continue to discourage hiring. For GBP traders, the report points to softer momentum in the dominant services sector alongside firmer price pressures and weak hiring. The source does not reference Bank of England policy. Traders may weigh how this mix of slower growth and building inflation shapes the outlook for sterling.
GBPUSD
Sentiment:
Negative
Source: Finnhub
The source reports no EUR/USD price move, pip figure or technical levels. Eurozone September flash PMIs came in stronger than expected, led by services. The services PMI rose to 53.0, above the 51.5 forecast and the prior 51.6. Manufacturing PMI was 52.7, slightly above the 52.6 expected and unchanged from the prior 52.7. The composite PMI climbed to 53.1, beating the 51.7 consensus and the prior 52.0. The beat was largely anticipated after stronger readings in France and Germany earlier in the session. The report marks a third consecutive monthly expansion in euro area business activity. According to the headline, price pressures in the survey keep an ECB rate hike in October in play. For EUR traders, firmer activity combined with persistent price pressures supports the case for further ECB tightening. That is a fundamental backdrop supportive of the euro heading into the October meeting.
EURUSD
Sentiment:
Positive
Source: Finnhub
The source reports no currency price move, pip figure or technical levels, and it does not name specific currency pairs. Global oil benchmarks are in a significant downturn. Both Brent crude and WTI are on track for their longest losing streaks in more than a year. The article frames this as part of shifting momentum across global energy and currency markets. For forex traders, a sustained decline in crude is relevant to oil-linked currencies such as the Canadian dollar. That makes USD/CAD a pair to monitor as the energy selloff develops. However, the source gives no detail on how currencies have reacted so far.
USDCAD
Sentiment:
Negative
Source: Marketaux
The source reports no Australian dollar price move, pip figure or technical levels. Australia's August labour force report is forecast to show employment rebounding, with the unemployment rate expected at 4.5%. The release comes days before the Reserve Bank of Australia's 29 September meeting, where a rate increase is widely expected. A result near or above forecasts would do little to shift near-term pricing for that meeting, but could firm expectations for further tightening in November. A second straight fall in employment, or a jump in unemployment, would challenge the case for a follow-up hike and could weigh on the Australian dollar and short-dated Australian bond yields. For AUD traders, the key question is less the September decision than whether the data support a November move. Upside surprises would reinforce the tightening path, while a weak print could leave the Australian dollar vulnerable heading into the RBA meeting.
AUDUSD
Sentiment:
Neutral
Source: Finnhub
