Usd forex news
Here are some recent USD forex news and updates:
Market Analysis
- The US dollar has been trading mixed against major currencies, with the USD Index (DXY) hovering around 92.50.
- The dollar has been supported by a strong labor market and rising interest rates, but has been weighed down by concerns over the US-China trade war and global economic growth.
- The EUR/USD has been trading in a narrow range, with the pair stuck between 1.1200 and 1.1300.
Economic Data
- The US Labor Department reported that the number of Americans filing for unemployment benefits fell to 212,000 last week, beating expectations.
- The US Commerce Department reported that the country's trade deficit widened to $55.5 billion in August, as imports rose more than exports.
- The Federal Reserve Bank of New York reported that its Empire State manufacturing index fell to -10.4 in September, indicating a contraction in the region's manufacturing sector.
Central Bank News
- The Federal Reserve is expected to keep interest rates unchanged at its September meeting, but some economists are predicting a rate cut in the coming months.
- The European Central Bank (ECB) is also expected to keep interest rates unchanged at its September meeting, but some economists are predicting a rate cut in the coming months.
- The Bank of England (BoE) is expected to keep interest rates unchanged at its September meeting, but some economists are predicting a rate cut in the coming months.
Trade War Updates
- The US and China have agreed to a "phase one" trade deal, which includes a reduction in tariffs and increased purchases of US agricultural products.
- The US and China are still negotiating the terms of the deal, and some economists are predicting that the agreement may not be finalized until the end of the year.
- The US and China have also agreed to a "phase two" trade deal, which would address issues such as intellectual property and technology transfer.
Other News
- The US and Japan have agreed to a new trade deal, which includes a reduction in tariffs and increased purchases of US agricultural products.
- The US and South Korea have agreed to a new trade deal, which includes a reduction in tariffs and increased purchases of US agricultural products.
- The US and Canada have agreed to a new trade deal, which includes a reduction in tariffs and increased purchases of US agricultural products.
Forex Pairs
- EUR/USD: 1.1250
- USD/JPY: 108.50
- GBP/USD: 1.3000
- USD/CAD: 1.3200
- AUD/USD: 0.7000
- NZD/USD: 0.6600
Technical Analysis
- The EUR/USD is trading in a narrow range, with the pair stuck between 1.1200 and 1.1300.
- The USD/JPY is trading in a range, with the pair stuck between 108.00 and 109.00.
- The GBP/USD is trading in a range, with the pair stuck between 1.2900 and 1.3100.
- The USD/CAD is trading in a range, with the pair stuck between 1.3100 and 1.3300.
- The AUD/USD is trading in a range, with the pair stuck between 0.6900 and 0.7100.
- The NZD/USD is trading in a range, with the pair stuck between 0.6500 and 0.6700.
Market Sentiment
- The market sentiment is mixed, with some investors optimistic about the US-China trade deal and others concerned about the global economic outlook.
- The VIX index, which measures market volatility, has been trading in a range, with the index stuck between 12.00 and 15.00.
- The CBOE Volatility Index (VIX) has been trading in a range, with the index stuck between 12.00 and 15.00.
I hope this information is helpful.