Asian Open

The timing of Moody’s U.S. downgrade couldn’t be worse for a dollar already looking shaky. With EUR/USD and USD/JPY testing key levels and gold extending its bounce, traders will be watching trade and tax headlines closely to kick off the new week.

Big downside surprises in US producer prices, retail sales, and factory output fuelled hopes the Fed could cut sooner, knocking yields and lifting equities. Gold loved it, crude didn’t—but FX markets stayed aloof, clinging to the charts over fundamentals.

The greenback catches a bid on reports that currencies are not the focus of U.S. trade negotiations. Focus now shifts to Australian jobs data, US inflation inputs, and gold’s precarious technical break.

AUD/USD surged as US–China trade optimism and yuan strength boosted sentiment. But with resistance near and risk appetite fading, Aussie bulls may face hurdles ahead.

The US dollar surged after a US–China trade breakthrough, driving breakouts in USD/JPY and USD/CAD, while AUD/USD faltered near key support.

The US dollar rallied Thursday as Trump secured a UK trade deal and boosted optimism ahead of key US–China negotiations, sending the yen sharply lower.

Commodity currencies stumble after bearish engulfing signals on AUD/USD, NZD/USD, and USD/CAD. As the Fed holds rates and trade talks loom, the US dollar regains strength.

USD/JPY falls before the FOMC as a record Taiwan dollar rally and yuan strength fuel safe-haven flows. Traders question the US dollar’s resilience.

Gold rebounds from key support, crude oil stabilises near recent lows, and Wall Street eyes the Fed meeting and trade tensions amid sticky inflation signals.

ASX 200 and Dow Jones test key resistance after strong rallies. Bearish signals are building, with pullbacks likely as momentum shows signs of exhaustion.

Tentative signs of a US dollar reversal remain, with USD/JPY, USD/CHF and EUR/USD price action still supporting the potential for a broader recovery.