USD in the spotlight: latest news

The Pound to Dollar (GBP/USD) exchange rate fell to three-week lows under 1.3350 but subsequently recovered to above 1.34. MUFG anticipates that the dollar will weaken in the coming months, predicting that GBP/USD could reach 1.40 by the second quarter of 2026.

The forex market is currently experiencing sideways movement, leading to a trade plan for next week that closely resembles those of previous weeks.

Silver prices have increased slightly following disappointing U.S. jobs data. However, concerns about economic growth are impacting industrial demand for the metal. Traders are closely monitoring potential Federal Reserve rate cuts and significant technical levels in the silver market.

Gold prices have recently broken out of a second bull pennant formation, currently standing over 80% higher than last year's lows. The upcoming Consumer Price Index (CPI) and Producer Price Index (PPI) reports next week may provide further opportunities for investors.

The EUR/USD weekly forecast indicates ongoing dollar weakness as employment data increases pressure on the Federal Reserve to lower interest rates.

The latest forecasts for the Pound Sterling in 2025 indicate that it will likely face challenges against the Euro while expected to strengthen against the Dollar.

The USD/JPY exchange rate, which found support below 147 in August, is currently trading near 148. RBC Capital Markets forecasts a significant decline, predicting the exchange rate will drop to 120 by the end of 2026 and into 2027.

The EUR/USD pair has risen above 1.1700 following a disappointing U.S. jobs report, which has increased expectations for a Federal Reserve rate cut. Analysts are now questioning whether the euro can surpass the 1.1800 resistance level, particularly in light of recent developments in France.

Bitcoin is currently trading near $112,300, with significant movement from large investors totaling $52 million. As the Federal Reserve prepares for potential interest rate cuts, forecasts for Bitcoin's future are divided, with predictions ranging from a 90% crash to a rally that could push prices up to $150,000.

GBP/USD gained bullish momentum, rising above 1.3500 during the American session on Friday, following disappointing US jobs data.

Gold price forecasts indicate that XAU/USD is currently near $3,597, with futures trading above $3,650. Expectations for a Federal Reserve rate cut, along with disappointing jobs data, are contributing to a bullish outlook targeting $3,879.

The NZD/USD pair is trading 0.45% higher, reaching approximately 0.5870 during European trading hours on Friday. The New Zealand Dollar (NZD) is gaining strength ahead of the release of US Non-Farm Payroll (NFP) data.

The U.S. dollar is facing significant pressure as traders react to a disappointing job market report indicating a drop in non-farm payrolls to 22,000.

The US Dollar remained stable around 98.15 ahead of the Non-Farm Payroll (NFP) report, as disappointing job data increases speculation about a Federal Reserve rate cut. The forecasts for GBP/USD and EUR/USD are closely linked to signals from the labor market.

The USD/CHF pair continued to decline on Friday, falling below the 50-day Simple Moving Average of 0.8020. This drop was influenced by disappointing US Nonfarm Payroll data.

The USD/JPY currency pair is currently trading around 148.30, influenced by disappointing U.S. jobs data and increasing expectations of a Bank of Japan interest rate hike. As the market anticipates potential rate cuts from the Federal Reserve, the key question is whether the pair can maintain its position above 147.

The upcoming US jobs report is expected to significantly influence the EUR/USD forecast, especially if the results substantially exceed or fall short of expectations.

GBP/USD is currently trading in a narrow range, hovering around the 1.34 support level and the 1.36 resistance level. Traders are closely monitoring the upcoming NFP data scheduled for release on Friday, as it may influence the next significant price movement.

The EUR/USD pair ended the week slightly down, remaining just a few pips below the 1.1700 level. It began September on a positive note, but market dynamics shifted ahead of the European Central Bank's upcoming decision.

EUR/USD is currently trading around 1.1670, with support identified at 1.1614 and resistance at 1.1735. Weak employment data from the U.S. has increased expectations for a Federal Reserve rate cut, contributing to a bullish outlook for the euro.

The US dollar experienced slight weakening on Friday following a disappointing jobs report, which showed an addition of only 22,000 jobs compared to the anticipated 75,000.

The British Pound has recovered from its early-week decline, with GBP/USD establishing a monthly opening range just below resistance levels. The market is set for a potential breakout as key technical indicators are being closely monitored.

The EUR/USD pair is moving toward the 1.16 support level, facing resistance between 1.1750 and 1.18. Traders are anticipating Friday's Non-Farm Payroll report to determine the next breakout direction.

GBP/USD is currently trading around 1.3515 following the release of U.S. payroll data, which showed an addition of only 22,000 jobs. The weakness of the dollar has provided support for the pound, but concerns regarding fiscal risks in the UK and speculation about Federal Reserve policies continue to influence the market.

The US Dollar (USD) struggled to gain stability last week, leading to a decline in the US Dollar Index (DXY), which fell to around 97.40, the lower end of its monthly range.