USD in the spotlight: latest news

The USD/JPY pair is currently trading at 148.60, reflecting a decline of 0.60%. This drop is attributed to concerns over potential U.S. government shutdowns and expectations of a more accommodative stance from the Federal Reserve, which have both contributed to the strengthening of the yen.

Gold prices have soared to record highs, with XAU/USD surpassing $3,850, marking a 45% increase year-to-date. This surge is driven by concerns over a potential U.S. government shutdown, expectations of a dovish stance from the Federal Reserve, and strong demand from central banks.

The EUR/USD pair remains stable, maintaining slight gains above the 1.1700 mark early on Monday, following a decline in the previous week.

The Euro (EUR) continued its upward trend on Monday, as EUR/USD extended Friday's momentum by surpassing the significant 1.1700 level.

The overall outlook for gold remains bullish, supported by strong central bank demand. Even if there is a slight dip, as long as key levels are maintained, the positive momentum is expected to continue.

Senior Technical Strategist Michael Boutros emphasizes key levels to watch for USD Majors, commodities, and stocks as the week begins and the month concludes.

The Euro to Dollar (EUR/USD) exchange rate is currently hovering around 1.1700, as analysts consider the possibility of a short-term rebound for the dollar in contrast to a longer-term bearish outlook.

The DXY has fallen below its 50-day moving average due to concerns about a potential U.S. government shutdown and disappointing economic data, negatively impacting the outlook for the dollar.

The USD/MXN exchange rate has dropped below the 18.50 resistance level, maintaining its downward trend. Traders are targeting 18.20 and 18.00, while a rise above the 50-day EMA would indicate a shift in momentum.

The GBP/USD exchange rate increased on Monday as positive risk sentiment exerted downward pressure on the US Dollar.

The GBP/USD exchange rate has fallen significantly, with the pound trading at $1.3430, a decrease of 2.8% from last week's peak. This decline comes as traders anticipate an 88% likelihood of a Federal Reserve rate cut, while concerns about a potential Bank of England hold and looming government shutdown add to the market's volatility.

The US Dollar Index remains close to 97.95 as traders assess the risks of a government shutdown, persistent inflation, and expectations for Federal Reserve rate cuts. Both GBP/USD and EUR/USD are showing signs of early recovery.

The EUR/USD pair is currently trading at approximately 1.1750, gaining ground for the second consecutive day as demand for the US Dollar weakens.

Gold (XAU/USD) has reached a new all-time high, trading at $3,825.41 per troy ounce, reflecting a significant increase of 1.74% in today's session.

The key economic event in the UK this week will be the release of the second-quarter GDP data. Unless there is a revision to the finalized growth figures, this report is expected to have significant implications for the market.

The USD/CAD currency pair is facing challenges due to profit-taking; however, robust technical indicators and a weak Canadian economy indicate potential for further gains above the 1.39 level.

The EUR/USD exchange rate is currently around 1.1725 after recovering from a low of 1.1645. The Dollar Index has stabilized at 97.95 as markets anticipate a 90% likelihood of a Federal Reserve rate cut.

The Euro to Dollar exchange rate (EUR/USD) received support just above 1.1700 on Monday and rose to 1.1750 shortly after the New York market opened, driven by movements in US yields.

The US dollar experienced a significant decline at the start of Monday against various currencies. However, it has since made efforts to recover and stabilize its position in the market.

The AUD/USD currency pair has been highlighted as this week's focus due to important US economic data, the Reserve Bank of Australia's rate decision, and the release of Chinese PMI figures.

Bitcoin closed at $109,449, with trading volume reaching $20.54 billion. The recent outflows from ETFs, totaling $903 million, along with miner selling, pose a risk to support levels at $108,600.

Oil prices have declined following a surge triggered by U.S. strikes against Iran. Currently, West Texas Intermediate (WTI) is priced at $73.55, while Brent crude stands at $76.78.

Gold experienced a recent dip that was quickly purchased, with a reversal occurring in the middle of the week, despite the US dollar gaining strength due to mostly positive economic data.

Gold (XAU/USD) is experiencing a significant rise in 2025, with a year-to-date increase of 43%. Currently, it is trading near $3,760 per ounce, positioning the precious metal for its strongest performance yet. Analysts are eyeing a potential breakout above $3,791 as expectations of Federal Reserve interest rate cuts and unprecedented central bank purchases converge.

The British pound is currently trading at 1.2708 following a 3% decline in September. The GBP/USD pair is facing support at 1.2630 as U.S. GDP growth reaches 3.8%.