AUD/USD retreats further from yearly high ahead of Aussie jobs data
AUD/USD is extending the previous day's rejection slide from the 0.6700 mark, or a fresh YTD top, amid the post-Fed US Dollar recovery from the lowest level since February 2022. However, diminishing odds for further interest rate cuts by the RBA and the underlying bullish sentiment could support the Aussie ahead of the Australian monthly employment data.
USD/JPY rebounds above 146.50 as Fed cuts rate for first time this year
The USD/JPY pair recovers some lost ground around 146.80 during the early Asian session on Thursday. The US Dollar bounces off the six-week lows near the 146.00 neighborhood after the Federal Reserve cut interest rates by a quarter of a percentage point.
Gold stalls the post-FOMC slide from the record high
Gold attracts some dip-buyers during the Asian session on Thursday and reverses a part of the previous day's sharp pullback from levels just above the $3,700 mark, or a fresh all-time peak. The Fed's dovish dot plot, signaling an additional two rate cuts in 2025, benefits the non-yielding bullion.
Australia unemployment rate expected to remain at 4.2% as job market struggles persist
Australia will release its August monthly employment report on Thursday at 1:30 GMT, and market participants anticipate yet another month of moderate growth in the labor market.
DEEPER DIVE
South Africa FX Today: Rand steadies amid hopes of SARB rate cut following softer inflation
The South African Rand (ZAR) edges slightly down to 17.35 against the US Dollar (USD) on Wednesday, losing 0.1% on the day, as markets digest the latest inflation surprise ahead of the South African Reserve Bank (SARB) meeting.
In China, economic growth remains resilient but the fight against deflation is far from won
Since the beginning of the year, China’s economic growth has proved to be more robust than expected. Exports have withstood US tariff attacks and household consumption has recovered thanks to government stimulus programs.
Why India still matters despite tariffs and tensions
India remains one of the world’s most compelling growth markets — a $4 trillion economy with demographics, digitization, and capital-market depth that global investors crave for diversification. But the halo comes with sharper edges.
CRYPTOCURRENCIES
XRP offers mixed signals ahead of the Fed interest-rate cut
XRP remains above $3.00, underpinned by growing optimism for a Federal Reserve interest rate cut. XRP exchange outflows surge, backing short-term bullish potential, but rising exchange reserves signal potential selling pressure.
Dogecoin Price Forecast: DOGE pullback tests weak hands as Fed rate cut lingers
Dogecoin (DOGE) shows signs of weakness, trading above $0.2650 on Wednesday. The meme coin has retraced by more than 13% from the previous week's high, testing the resilience of holders and traders alike.
Solana Price Forecast: SOL eyes 27% rise as Forward Industries announces $4 billion equity offering
Solana (SOL) edges lower toward the $230 short-term support at the time of writing as investors look forward to the United States (US) Federal Reserve (Fed) interest rate decision later on Wednesday.
STOCKS
As Vale's stock chart finally shows progress, should we expect a breakout? Premium
Vale stock has broken above significant topline resistance on daily chart over past week. Iron ore prices are holding steady above $100 as China regains economic clout. Vale stock is nearing a five-year descending trendline with breakout possible.
IONQ stock analysis: Resuming the uptrend after a brief correction
IONQ Inc., a trailblazer in quantum computing, specializes in developing and manufacturing quantum computers. This technical analysis of IONQ’s weekly stock chart reveals key insights...
WEEKLY FORECAST
EUR/USD: Here comes the Fed rate cut Premium
The EUR/USD pair survived yet another uneventful week, hovering in the vicinity of the 1.1700 level. The pair seesawed between gains and losses, confined to familiar levels amid speculation about the upcoming Federal Reserve monetary policy decision, scheduled to be announced on Wednesday.
GBP/USD Weekly Forecast: Pound Sterling awaits Fed/BoE verdicts for fresh impetus Premium
Pound Sterling retested a stiff resistance near 1.3600 versus the US Dollar. GBP/USD braces for a busy week, highlighted by the Fed and BoE policy decisions. Technically, the path of least resistance appears to the upside for GBP/USD.
Gold: Bulls retain control after correction from record-high Premium
Gold touched a new record-high above $3,670 before entering a consolidation phase. The Federal Reserve’s policy decisions could allow investors to decide whether XAU/USD has more room on the upside, despite technically overbought conditions.
Bitcoin: BTC extends recovery as market readies for Fed rate cut
Bitcoin steadies around $115,000 at the time of writing on Friday, having recovered nearly 4%. This recovery is further fueled by strong institutional inflows and renewed corporate accumulation this week.
US Dollar: Not so sure about a deep, sustained sell-off Premium
The US Dollar (USD) couldn’t find its footing last week, dragging the US Dollar Index (DXY) down to the lower end of its monthly range near 97.40.
Week ahead – Fed, BoC, BoE and BoJ policy decisions enter the spotlight
Fed expected to cut rates, focus to fall on the new ‘dot plot’. BoC seen cutting rates by 25bps due to weak economic data. BoE to remain on hold, voting may shake the Pound. Amid political uncertainty, the BoJ is expected to stand pat.
EDUCATION
How I time perfect entries to avoid buying tops and stop chasing price
Most traders lose money because they chase price movements - buying after prices have already shot up or selling after they've fallen too much. In this video, I reveal the simple strategy that can help you stop chasing trades and dramatically improve your risk-to-reward ratios.
How agentic AI is shaping the next era of global finance
Artificial Intelligence has long supported financial markets as a mean of forecasting volatility, modeling risk, and supporting human decision-making. With the emergence of Agentic AI, however, we are entering a new paradigm. These systems no longer simply process data or issue recommendations.
PRESS RELEASES
QT Funded platinum sponsorship powers London Prop Trading Expo 2025 – Three weeks to go
LONDON - With just three weeks until the London Prop Trading Expo 2025, QT Funded as Platinum Sponsor is set to deliver key industry announcements at the premier UK trading event on Saturday, 27 September at the Grand Connaught Rooms, London.
Blueberry launches a bold new brand platform
Blueberry, a leading global forex and CFD broker, has unveiled its new brand platform, a campaign produced almost entirely using generative AI.
On the pitch and in the markets, STARTRADER aims high for victory
STARTRADER, as the proud official partner of the UAE National Cricket Team, held a ceremony to celebrate the occasion and show the commitments to the values this partnership represents by signing different items in Hilton Hotel, Al-Habtoor on Sept, 12th, 2025.