Author: FX

It’s a big day for the UK and that will see plenty of watchful eyes on the pound as well as the gilts market. UK chancellor Reeves will be announcing the Autumn Budget and that will be heavily scrutinised amid the intense political pressure that she has come under in recent months.The quid is trading steadier so far this week, with GBP/USD running up against another test of 1.3200 while EUR/GBP has cooled a little after having hit two-and-a-half year highs earlier this month just above 0.8850. The latter is now trading back around 0.8782, keeping underpinned but awaiting the…

GBP/NZD looks comfortable inside an identified range after today’s catalysts! Will the pair head for lower areas of interest before seeing more sustained demand? Here’s what we’re seeing on the 4-hour time frame: GBP/NZD 4-hour Forex Chart by TradingView A surprisingly hawkish call from the Reserve Bank of New Zealand (RBNZ) earlier today sent the New Zealand dollar higher against major currencies, including the British pound. Sterling did not share that momentum, as traders stay cautious with the U.K. Autumn Budget report only hours away and uncertainty hanging over the currency. Remember that directional biases and volatility conditions in market…

The Reserve Bank of New Zealand (RBNZ) cut its Official Cash Rate by 25 basis points to 2.25% on Wednesday, matching market expectations but delivering a surprisingly hawkish message that sent the New Zealand dollar surging across the board. The Monetary Policy Committee voted 5-1 in favor of the reduction, with one member preferring to hold rates unchanged at 2.50%. This marked a dramatic shift from August’s unprecedented 4-2 split vote, where the minority had pushed for a larger 50bp cut. Overall, the RBNZ emphasized that while economic activity was weak over mid-2025, it is now picking up. Lower interest…

NZD/USD trades higher by more than 1%, trading around 0.5690 during the Asian hours on Wednesday. The technical analysis of the daily chart signals a persistent bearish bias as the pair price remains within the descending channel pattern.The NZD/USD pair remains below the falling 50-day Exponential Moving Average (EMA), preserving the broader downside bias, while a rebound above the nine-day EMA signals improving near-term traction.Short-term moving averages point to basing, with the nine-day EMA acting as initial support and the 50-day EMA capping the bounce. A sustained move through the latter would improve the outlook. A failure to hold above…

Australia’s annual inflation rate accelerated to 3.8% in October 2025, exceeding market expectations and complicating the Reserve Bank of Australia’s path toward further monetary easing. The October reading marks an uptick from September’s 3.6% and a significant beat on the 3.5% consensus, with core inflation also climbing. Key Takeaways Headline CPI: Rose 3.8% year-over-year in October, up from 3.6% in September and above the expected 3.7% Monthly inflation: Flat at 0.0% in original terms but rose 0.3% on a seasonally adjusted basis Core inflation (Trimmed mean): Increased to 3.3% annually from 3.2% in September, exceeding the 3.2% forecast Main drivers:…

AUD/CAD has formed lower highs and found support around the .9075 level, creating a descending triangle on its 4-hour time frame. Can it bounce off resistance again? Or will we see a breakout this time? AUD/CAD 4-hour Forex Chart by TradingView Stronger than expected Australian CPI released earlier this week helped cement hawkish RBA expectations, lifting AUD/CAD closer to its descending triangle top. This chart pattern has been holding for nearly a couple of months already, though, so are sellers just waiting to jump in at the resistance? Remember that directional biases and volatility conditions in market price are typically…

Australian inflation data for October 2025.Headline inflation is hotter than expected at 0% m/m vs. -0.2% expectedand 3.8% y/y vs. 3.6% expected and an RBA target band of 2-3%Core inflation is ugly, Trimmed mean 3.3% y/yYou can forget about rate cuts from the Reserve Bank of Australia with data like this. more to come—The monthly data has now taken on the role as the official inflation rate, replacing the quarterly release. From the Australian Bureau of Statistics:the complete Monthly CPI as Australia’s primary measure of headline inflation‘The complete Monthly CPI will enable earlier detection of shifts in inflation and provide…

U.S. markets embraced a familiar “bad news is good news” narrative on Tuesday, with equities surging and the dollar slumping as a trio of disappointing economic reports reinforced expectations that the Federal Reserve will cut interest rates in December. Check out the forex news and economic updates you may have missed in the latest trading session! Forex News Headlines & Data: Tomoko Yoshino, the leader of Japan’s largest labor union group, urged the government to do more to ensure that workers’ wage gains outpace inflation Germany GDP Growth Rate Final for September 30, 2025: 0.0% q/q (0.0% q/q forecast; -0.3%…

USD/JPY makes a U-turn and tumbles over 0.54% on Tuesday as investors grew confident that the Federal Reserve will cut rates at the December meeting, following a soft US inflation report, along with weaker than expected Retail Sales. At the time of writing the pair trades at 155.98, below the 156.00 figure for the first time in four days.USD/JPY Price Forecast: Technical outlookThe USD/JPY is upwardly biased, but as of writing is texting previous resistance turned support, the February 10 high at 155.88. Nevertheless, the pair continues to print successive series of higher highs, higher lows an indication that bulls…

Nov. 25, 2025 5:08 PM ETThe Consumer Discretionary Select Sector SPDR® Fund ETF (XLY), VCR, FXD, FDIS, RSPD, RXIWSM, GNTX, PENN, DIN, CPRI, CPNG, APTV, WH, CHWY, KTBBy: Nilanjana Basu, SA News EditorprimeimagesGoldman Sachs analysts last week noted that hedge funds in Q3 2025 rotated away from consumer discretionary stocks into health care. The brokerage identified those health care stocks that experienced the largest net increases in hedge fund popularity in the Source link