November 6, 2026 Practical Finance. Smarter Money. Better Decisions.

Forex Markets

Explore the world of forex markets with practical guides, currency market news, trading education, technical and fundamental analysis, market trends, and risk management strategies. Whether you’re a beginner or an experienced trader, this category provides valuable insights to help you better understand the global foreign exchange market and make informed financial decisions.

Dollar Strengthens Ahead of Fed Decision as Global Currency Markets Face Policy Uncertainty
Forex Markets

Dollar Strengthens Ahead of Fed Decision as Global Currency Markets Face Policy Uncertainty

By SkyPress Desk | SkyPress News The US dollar remained near a two-week high on Wednesday as foreign exchange markets adopted a cautious stance ahead of a key Federal Reserve policy announcement. Meanwhile, the euro and British pound faced pressure from European fiscal concerns, while political uncertainty in Israel and diverging monetary policy signals across Asia added to currency market volatility. The coming policy decisions from the Federal Reserve, European Central Bank (ECB) and Bank of Japan (BoJ) are expected to shape investor expectations about interest rates, inflation and the relative attractiveness of major currencies. Energy-related inflation risks and continuing geopolitical tensions in the Middle East are further complicating the outlook, leaving traders to weigh the possibility of tighter monetary policy against concerns about economic growth and financial stability. US Dollar Holds Firm as Traders Await Federal Reserve Guidance The US dollar index, which measures the greenback against a basket of six major currencies, traded around 102.40 after gaining 0.3%…

SkyPress Desk | SkyPress News Oct 28

SkyPress Desk | SkyPress News

Author

SkyPress Desk is the news and markets editorial desk at SkyPress by Skyrexx, covering the latest financial news, global market…

Dollar Rally Stretches as ING Warns of No Clear Reversal Trigger
Forex Markets

Dollar Rally Stretches as ING Warns of No Clear Reversal Trigger

The US dollar remains firmly supported by interest-rate expectations, geopolitical uncertainty and pressure across global bond markets, even as several indicators suggest its recent rally may be becoming overstretched. Analysts at Dutch banking group ING believe the dollar could remain resilient in the near term because the market has yet to produce a convincing catalyst for a sustained reversal. Their assessment, reported by FXStreet on October 13, highlights the difference between a currency that appears overvalued and one that is ready to reverse direction. The outlook leaves foreign exchange markets weighing two competing forces: signs that the dollar’s advance has gone too far and economic conditions that continue to support demand for the US currency. Dollar Valuation Signals Point to an Extended Rally According to ING strategists Francesco Pesole, Frantisek Taborsky and Chris Turner, the US dollar is trading above the levels indicated by their short-term valuation model against most major currencies in the Group of Ten (G10). Their assessment…

SkyPress Desk | SkyPress News Oct 13
Asian Forex Outlook: Dollar Strength Pressures Yen and Regional Currencies
Forex Markets

Asian Forex Outlook: Dollar Strength Pressures Yen and Regional Currencies

Asian Currencies Mixed as Dollar Holds Near Two-Month High, Yen Weakens on BOJ Outlook Asian currencies traded mixed on Thursday, October 1, as the US dollar remained near a two-month high, supported by elevated US Treasury yields and uncertainty surrounding the Federal Reserve’s interest rate outlook. The Japanese yen weakened after the Bank of Japan (BOJ) released a summary of its September policy meeting that revealed differing views on the pace of future interest rate increases. Investors continued to assess the outlook for US monetary policy alongside developments in Japan, Australia, China and South Korea. While strong export figures provided an encouraging signal for South Korea, several regional currencies remained under pressure from the stronger dollar and shifting global investment flows. Market figures in this report reflect the supplied market snapshot and should not be interpreted as live prices. US Dollar Holds Firm as Treasury Yields Support Demand The US Dollar Index (DXY), which measures the greenback against a basket…

SkyPress Desk | SkyPress News Oct 1

LOCAL NEWS

RBA Raises Cash Rate to 4.60% as Inflation Risks Intensify
Forex Markets

RBA Raises Cash Rate to 4.60% as Inflation Risks Intensify

September 29, 2026 | By SkyPress Desk | SkyPress News The Reserve Bank of Australia (RBA) has raised its cash rate target by 25 basis points to 4.60%, taking Australian interest rates to their highest level since October 2011 as policymakers respond to persistent inflationary pressures. The decision marks the fourth rate increase of 2026 and signals that the central bank remains concerned that inflation could stay elevated for longer than previously expected. The latest move comes against a backdrop of higher global energy prices, strong demand linked to artificial intelligence investment and continued capacity pressures within the Australian economy. The RBA has indicated that it remains prepared to tighten monetary policy further if inflation risks continue to build. RBA Lifts Cash Rate to 4.60% The RBA increased its cash rate target from 4.35% to 4.60%, delivering a 25-basis-point increase. The decision was unanimous, with the central bank’s rate-setting board agreeing that inflationary risks had become more persistent. The move…

SkyPress Desk | SkyPress News Sep 29

INTERNATIONAL NEWS

U.S. Dollar Extends Weekly Rally as Yen, Aussie and Asian Currencies Face Pressure
Forex Markets

U.S. Dollar Extends Weekly Rally as Yen, Aussie and Asian Currencies Face Pressure

The U.S. dollar is extending its latest advance, with higher Treasury yields, resilient U.S. economic data and expectations for further Federal Reserve tightening putting renewed pressure on currencies across Asia. The Japanese yen is drawing particular attention as the USD/JPY exchange rate approaches the closely watched 160 level. The pair traded around 158.46 early Friday after reaching about 159.04 during the previous session, bringing the currency pair back toward a level that has historically attracted intense market scrutiny. The dollar’s strength is not being driven by a single development. Rising U.S. bond yields, expectations for additional Fed rate increases, firm labor-market data and renewed energy-price concerns are combining to support the greenback. Market data shown in the ticker may update independently of this article. U.S. Treasury Yields Give the Dollar Fresh Support A major driver of the dollar’s latest move has been the renewed rise in U.S. Treasury yields. Longer-term Treasury yields have moved sharply higher as investors reassess the…

SkyPress Desk | SkyPress News Sep 25
Markets Brace for October Fed Rate Hike as Barr Signals More Tightening
Forex Markets

Markets Brace for October Fed Rate Hike as Barr Signals More Tightening

SKYPRESS NEWS Stronger U.S. business activity and renewed inflation pressures have pushed expectations for another Federal Reserve rate increase higher. Track markets on TradingView U.S. financial markets are increasingly pricing in the possibility of another Federal Reserve interest rate increase in October, after Federal Reserve Governor Michael Barr indicated that additional policy tightening could be necessary to bring inflation back toward the central bank’s 2% objective. The shift in expectations came alongside stronger-than-expected September business activity data. Preliminary figures from S&P Global showed the U.S. private sector expanding at its fastest pace in more than five years, while measures of business input costs also accelerated. The combination of resilient economic activity and renewed price pressures has added another layer of uncertainty to the Federal Reserve’s interest-rate path following its September policy decision. Markets Increase Bets on an October Rate Increase Interest-rate futures markets moved sharply on Wednesday as traders reassessed the likelihood of another Fed increase at the Federal Open…

SkyPress Desk | SkyPress News Sep 23

FOREX MARKET

Dollar Strengthens as Fed Rate-Hike Bets Rise, While Euro and Aussie Slide
Forex Markets

Dollar Strengthens as Fed Rate-Hike Bets Rise, While Euro and Aussie Slide

The U.S. dollar strengthened on Wednesday, reaching its highest level in roughly two months as financial markets increased expectations that the Federal Reserve could deliver another interest-rate increase as it continues to respond to persistent inflation pressures. The renewed dollar strength is developing alongside weakness in several major currencies, including the euro, Japanese yen and Australian dollar. At the same time, traders are closely watching geopolitical developments, falling oil prices and the high-profile meeting between U.S. President Donald Trump and Chinese President Xi Jinping. Dollar Gains as Markets Reassess the Fed’s Interest-Rate Path The Dollar Spot Index rose around 0.2% during Wednesday’s trading session, extending the greenback’s recent advance. One of the main drivers has been a shift in expectations surrounding U.S. monetary policy. Financial markets are increasingly pricing the possibility of another Federal Reserve rate increase as policymakers attempt to contain inflation that has remained more persistent than previously expected. Short-term interest-rate markets were assigning roughly a 55% probability…

SkyPress Desk | SkyPress News Sep 23
RBA Warns Inflation Risks Are Building as Energy Prices and Domestic Demand Stay High
Forex Markets

RBA Warns Inflation Risks Are Building as Energy Prices and Domestic Demand Stay High

SYDNEY, September 22, 2026 — Reserve Bank of Australia Governor Michele Bullock has warned that inflation risks in Australia may be becoming more persistent, pointing to elevated energy prices and continued strength in domestic demand ahead of the central bank’s September monetary policy meeting. Speaking at a Committee for Economic Development of Australia (CEDA) event in Sydney on Tuesday, Bullock highlighted the continuing effects of the Middle East conflict on energy markets while also stressing that domestic demand remains stronger than the economy’s ability to supply goods and services. Her comments come one week before the RBA is scheduled to announce its next interest-rate decision on September 29, placing renewed attention on whether the central bank will tighten monetary policy again. Energy Prices Add to Australia’s Inflation Challenge The RBA governor identified the prolonged Middle East conflict and its impact on energy prices as an important source of inflation risk. Higher energy costs can affect the Australian economy through several…

SkyPress Desk | SkyPress News Sep 22
AUD/USD Outlook: Australian Dollar Holds Above 0.7100 as RBA Rate Bets Collide With Federal Reserve Hawkishness
Forex Markets

AUD/USD Outlook: Australian Dollar Holds Above 0.7100 as RBA Rate Bets Collide With Federal Reserve Hawkishness

FOREX MARKETS • SKYPRESS NEWS Published: September 21, 2026 By SkyPress Desk | SkyPress News AUD/USD Market Update: Australian Dollar Navigates Central Bank Policy and Global Risk The Australian dollar is attempting to maintain its position above the 0.7100 level against the U.S. dollar as investors weigh renewed expectations of Reserve Bank of Australia interest rate increases against a more restrictive outlook from the Federal Reserve. The currency pair is entering a potentially important period, with Australian employment data, central bank commentary and developments in U.S.–China relations expected to influence market sentiment. AUD/USD was trading around 0.7130 in Monday’s market commentary, according to FXStreet, while Westpac reported that the Australian dollar had started the week cautiously above 0.7100 after falling to a one-month low of 0.7075 during the previous week. The recovery reflects competing forces rather than a clear resolution of the pair’s directional outlook. The Australian dollar has received support from growing expectations that the RBA could raise interest…

SkyPress Desk | SkyPress News Sep 21
Bank of Japan Raises Rates to 1.25% as Yen and Inflation Risks Persist
Forex Markets

Bank of Japan Raises Rates to 1.25% as Yen and Inflation Risks Persist

GLOBAL MARKETS • MONETARY POLICY BOJ Raises Interest Rates to 1.25% as Japan Navigates Inflation, Fiscal and Yen Pressures By SkyPress Desk | SkyPress News September 18, 2026 Japan’s central bank has raised its benchmark interest rate to its highest level in more than three decades, as policymakers respond to inflation risks, currency pressures and an evolving global economic environment. The Bank of Japan (BOJ) increased its policy rate from 1% to 1.25% on Friday, September 18, marking its highest level since 1995. The decision was approved by a 7–2 vote, with board members Toichiro Asada and Ayano Sato opposing the increase. The move represents another step in Japan’s gradual departure from the exceptionally accommodative monetary policy that shaped its financial system for decades. However, the decision did not immediately strengthen the yen, with early currency-market reactions reflecting uncertainty over the pace of additional rate increases. Investors are now awaiting Governor Kazuo Ueda’s scheduled press conference at approximately 3:30 p.m.…

SkyPress Desk | SkyPress News Sep 18
Bank of England Holds Rates at 3.75% as Inflation Risks Rise, Pound Faces Market Pressure
Forex Markets

Bank of England Holds Rates at 3.75% as Inflation Risks Rise, Pound Faces Market Pressure

The Bank of England has kept its benchmark interest rate at 3.75%, while warning that rising energy prices could push UK inflation above 4% early next year. The decision is keeping markets focused on the outlook for interest rates, sterling and UK government bonds. By SkyPress Desk | SkyPress News September 17, 2026 — The Bank of England has kept its benchmark interest rate at 3.75%, but its latest policy decision has delivered a significantly more cautious message for investors as rising energy costs threaten to push UK inflation above 4% early next year. The Monetary Policy Committee voted 6–3 to leave Bank Rate unchanged. Three policymakers — Megan Greene, Catherine L Mann and Huw Pill — supported an immediate increase to 4%. More importantly for financial markets, the September meeting showed that the debate inside the Bank is shifting. Although Governor Andrew Bailey and several other policymakers backed holding rates, the Bank made clear that prolonged energy-price pressures could…

SkyPress Desk | SkyPress News Sep 17
AUD/USD Forecast: Bulls Maintain Control as Momentum Remains Strong
Forex Markets

AUD/USD Forecast: Bulls Maintain Control as Momentum Remains Strong

AUD/USD Daily Market Analysis: Powerful Uptrend Holds as Bulls Defend the 0.72 Area AUD/USD remains firmly positioned within a powerful bullish trend on the daily timeframe, although the pair has begun to pull back modestly after reaching approximately 0.72100. The Australian dollar has staged a sustained advance since late July, with AUD/USD moving from the 0.69 region toward the 0.72 area. The latest price action shows the pair trading above 0.7200 after reaching around 0.72100, suggesting that buyers remain active despite some short-term profit-taking near the recent high. The broader technical picture remains strongly bullish. The combination of an exceptionally high ADX, a wide gap between the +DI and -DI, a bullish Stochastic reading and an RSI comfortably above 50 indicates that the prevailing upward trend continues to have considerable momentum. However, the length and strength of the rally mean that traders should also monitor signs of short-term exhaustion. A pullback from 0.72100 does not currently constitute a trend reversal,…

SkyPress Desk | SkyPress News Sep 6
Forex Market Outlook: Dollar, Yen, Euro and AUD/USD Forecast
Forex Markets

Forex Market Outlook: Dollar, Yen, Euro and AUD/USD Forecast

Forex Markets Outlook: Dollar Weakness, Yen Strength and Shifting Central Bank Expectations Forex markets are entering a potentially important phase as investors reassess the outlook for interest rates, inflation and monetary policy across the world’s major economies. The U.S. dollar remains under pressure despite signs of resilience in the latest U.S. employment data, while the Japanese yen has strengthened significantly as expectations for further Bank of Japan policy tightening increase. At the same time, the euro is approaching an important technical area against the dollar, while the Australian dollar continues to attract attention amid stronger domestic economic signals and changing expectations surrounding Reserve Bank of Australia policy. For forex traders, the current environment is being shaped by a combination of central bank expectations, inflation data, employment figures, bond yields and shifting risk sentiment. This means that individual currency pairs could experience significant volatility as markets react to incoming economic data. The next major catalysts include U.S. inflation figures, European Central…

SkyPress Desk | SkyPress News Sep 5
EUR/USD Forecast: Euro Gains as US Dollar Weakens on Rising Jobless Claims
Forex Markets

EUR/USD Forecast: Euro Gains as US Dollar Weakens on Rising Jobless Claims

U.S. Dollar Under Pressure as Jobless Claims Rise, Putting AUD/USD, EUR/USD and USD/JPY in Focus September 4, 2026 — The U.S. dollar came under renewed pressure after the latest American labor-market data showed a modest increase in weekly unemployment claims, adding to concerns that employment conditions in the world’s largest economy may be gradually losing momentum. U.S. initial jobless claims increased to 206,000 in the week ended August 29, up from a revised 204,000 in the previous week. The figure was slightly above economists’ expectations of approximately 205,000. Continuing claims also increased by around 8,000 to approximately 1.78 million. Although the increase in initial claims was relatively small, the data has attracted attention because financial markets are already highly focused on the direction of the U.S. labor market and what it could mean for Federal Reserve monetary policy. The latest figures do not indicate a sudden collapse in American employment. Initial claims remain historically low. However, the combination of modestly…

SkyPress Desk | SkyPress News Sep 4
GBP/USD Daily Timeframe Analysis: Sterling Faces Bearish Correction Below 1.3600
Forex Markets

GBP/USD Daily Timeframe Analysis: Sterling Faces Bearish Correction Below 1.3600

SkyPress Market Analysis | August 27, 2026 GBP/USD is showing signs of short-term weakness after failing to sustain its advance toward the 1.3675 area. The pair has since pulled back toward the 1.3600 region, placing the British pound under renewed selling pressure against the U.S. dollar. From a daily timeframe perspective, the current price action presents a mixed picture. The recent decline suggests that sellers have gained short-term control, but the broader structure has not yet provided enough confirmation to declare a complete bearish reversal. GBP/USD Daily Trend SkyPress trend view: Short-term bearish, broader trend cautiously bullish. The rejection from the 1.3675 area is an important development on the daily chart. After failing to establish a sustained breakout above that level, GBP/USD began forming a corrective move lower. The move below the 1.3600 psychological level has strengthened the short-term bearish case. However, traders should distinguish between a correction and a confirmed change in the broader trend. For the larger bullish…

SkyPress Desk | SkyPress News Aug 27
AUD/USD Daily Market Analysis: Aussie Bulls Approach 0.7200 Resistance
Forex Markets

AUD/USD Daily Market Analysis: Aussie Bulls Approach 0.7200 Resistance

AUD/USD is maintaining a bullish daily structure as the Australian dollar trades near its highest levels in several weeks. The pair has strengthened toward the 0.7180 area, supported by renewed expectations of tighter Australian monetary policy following stronger-than-expected inflation data. However, the advance is now approaching the psychologically important 0.7200 resistance level. For the daily timeframe, the market is showing a bullish bias with increasing resistance overhead. The next decisive move around 0.7200 could determine whether the current recovery develops into a broader bullish extension or pauses for consolidation. AUD/USD Current Trend The daily trend currently favours buyers. AUD/USD has recovered strongly from lower levels and has pushed back above important technical areas. Price is now trading around the 0.7180 region, keeping the pair close to the 0.7200 psychological barrier. The important point for SkyPress readers is that the pair does not necessarily need to break higher immediately for the bullish structure to remain intact. A controlled pullback that holds…

SkyPress Desk | SkyPress News Aug 26
EUR/USD Daily Market Analysis: Euro Holds Ground as Bulls Target 1.1710
Forex Markets

EUR/USD Daily Market Analysis: Euro Holds Ground as Bulls Target 1.1710

EUR/USD remains in a consolidation phase on the daily timeframe, but the broader technical structure continues to lean moderately bullish. The pair is trading around the 1.1660–1.1675 area as traders assess the next direction for the euro against the U.S. dollar. After recovering from its June lows, EUR/USD has maintained a generally constructive structure. However, the pair has recently struggled to extend gains above the 1.1710 area, creating a battle between buyers defending support and sellers protecting resistance. EUR/USD Current Trend On the daily chart, the immediate trend can best be described as bullish but consolidating. EUR/USD remains above important medium-term moving-average support, while recent price action has produced a period of sideways movement rather than a decisive reversal. Technical readings also remain supportive, with the daily technical picture still showing a bullish bias. The key question now is whether buyers can regain enough momentum to push the pair above the 1.1710 resistance zone. A confirmed daily close above this…

SkyPress Desk | SkyPress News Aug 26
What Is Forex Trading And How Does It Work? A Beginner’s Complete Guide
Forex Markets

What Is Forex Trading And How Does It Work? A Beginner’s Complete Guide

💱 Forex Education: Learn the global currency market 📊 Trading Basics: Understand how Forex works 📈 Market Knowledge: Build strong trading foundations 🎯 Risk Management: Learn responsible trading habits 🌍 SkyPress Forex Academy: Practical trading education SkyPress Forex Education What Is Forex Trading? A Beginner’s Complete Guide To Understanding The Forex Market Learn what Forex trading is, how the global currency market works, how currency pairs are traded, who participates in the market, and why understanding the fundamentals is essential before risking real money. Explore Forex Trading Course Start Learning Forex trading is one of the largest and most active financial markets in the world. Every day, currencies are exchanged by banks, businesses, governments, investment firms, and individual traders. Yet for someone completely new to trading, the Forex market can initially seem complicated. What exactly is Forex? Why are currencies traded in pairs? How does a trader make or lose money? When is the market open? And what causes one…

Sylvester Chepkok | SkyPress Editorial Jul 17
Yen Wavers After Tokyo Intervention as Dollar Rebounds on Fed Signals and Middle East Tensions
Forex Markets

Yen Wavers After Tokyo Intervention as Dollar Rebounds on Fed Signals and Middle East Tensions

Yen Slips After Tokyo Intervention as Dollar Stabilizes Amid Global Uncertainty SkyPress Financial | Global Markets | May 1, 2026 The Japanese yen retreated on Friday, giving back part of the substantial gains recorded in the previous session after Tokyo reportedly intervened in currency markets. Meanwhile, the U.S. dollar regained its footing following a challenging April, as investors balanced geopolitical uncertainty, shifting central bank expectations, and renewed safe-haven demand. Financial markets remain highly alert after Japanese authorities were widely believed to have entered the foreign exchange market once the U.S. dollar breached the closely watched 160-yen threshold earlier this week. The intervention triggered an immediate and powerful rally in the yen, underscoring Tokyo’s determination to defend its currency against excessive volatility. “Without sustained follow-up action, the dollar could eventually climb back toward the 160 level,” several major Wall Street currency strategists warned, highlighting the limitations of one-off intervention efforts. Tokyo Steps In as Yen Faces Renewed Pressure During Friday’s Asian…

SkyPress Desk | SkyPress News May 1
Australian Dollar Slides as US–Iran Tensions Trigger Risk-Off Sentiment
Forex Markets

Australian Dollar Slides as US–Iran Tensions Trigger Risk-Off Sentiment

Australian Dollar Weakens as Iran Truce Uncertainty Sparks Risk-Off Mood Australian Dollar Weakens as Iran Truce Uncertainty Sparks Risk-Off Mood Published: April 9, 2026 | Source: SkyPress Market Desk Market Overview The Australian Dollar (AUD) came under renewed selling pressure on Thursday, slipping against major global currencies as investors adopted a more cautious stance. The shift in sentiment follows growing doubts over the durability of the recently announced ceasefire between the United States and Iran. During the European session, AUD/USD declined toward the 0.7030 region, reflecting broader risk aversion across financial markets. Geopolitical Tensions Weigh on Sentiment Market uncertainty intensified after fresh developments cast doubt on the US-Iran truce. Reports indicate continued military activity involving Iran-backed groups, raising concerns about whether the ceasefire can hold. Iranian officials have openly criticized the United States, alleging violations of key terms outlined in the proposed peace framework. The agreement had called for an immediate halt to hostilities across multiple regions. Despite the tensions,…

SkyPress Desk | SkyPress News Apr 9
USD Holds Above 100 While Gold Challenges Resistance
Forex Markets

USD Holds Above 100 While Gold Challenges Resistance

US Dollar Holds Firm Above 100 as Gold Struggles Near Key Levels | SkyPress US Dollar Holds Above 100 While Gold Faces Resistance Amid Global Uncertainty Published by SkyPress | April 6, 2026 Market Overview Global financial markets opened the week with mixed sentiment as the US Dollar Index (DXY) maintained its position above the psychologically important 100.00 level, while Gold (XAU/USD) attempted a modest rebound from key support levels. The dollar remains supported by strong macroeconomic fundamentals and resilient labor market data, reinforcing expectations that the Federal Reserve may sustain higher interest rates for longer. Meanwhile, Gold continues to face headwinds despite geopolitical developments offering intermittent support. US Dollar Index (DXY) Analysis The US Dollar Index is currently consolidating within a well-defined ascending channel, signaling that the broader bullish structure remains intact. Despite a slight pullback in early trading sessions, price action continues to hold above critical moving averages, confirming underlying strength. Technical indicators suggest continued upward momentum. The…

SkyPress Desk | SkyPress News Apr 6
GBP/USD Under Pressure: Strong NFP Data Boosts Dollar, Weakens Sterling
Forex Markets

GBP/USD Under Pressure: Strong NFP Data Boosts Dollar, Weakens Sterling

GBP/USD Slides as Strong US Jobs Data Reinforces Fed’s Hawkish Pause The GBP/USD currency pair came under renewed pressure at the end of the week, extending its decline after a surprisingly strong US labor market report reshaped expectations around Federal Reserve policy. The pair’s downward movement reflects a broader resurgence in US Dollar strength, driven by robust economic data and shifting market sentiment regarding interest rates. At the time of writing, GBP/USD is hovering near the 1.3200 level, reflecting cautious sentiment among traders who are recalibrating their outlook amid evolving macroeconomic signals. Strong US Jobs Data Revives Dollar Demand Fresh data from the US Bureau of Labor Statistics showed that the US economy added significantly more jobs than anticipated in March. Payroll growth far exceeded expectations, signaling continued resilience in the labor market despite ongoing economic uncertainties. It suggests that the US economy remains fundamentally strong It reduces urgency for immediate rate cuts It reinforces the US Dollar’s appeal in…

SkyPress Desk | SkyPress News Apr 5
EUR/USD Week’s Overview: Traders Anxious To See a Breakout or Complete Reversal Back To 1.2 Highs This Year
Forex Markets

EUR/USD Week’s Overview: Traders Anxious To See a Breakout or Complete Reversal Back To 1.2 Highs This Year

EUR/USD Weekly Outlook & Friday Forecast EUR/USD Weekly Outlook & Friday Forecast (Institutional Perspective) The EUR/USD pair enters the final trading session of the week under significant technical pressure after a sustained decline from its yearly highs near 1.2000 down to the 1.1400 region. This move is not just a short-term fluctuation—it represents a broader macro shift in market sentiment, positioning, and capital flow between the Euro and the US Dollar. Key Insight: The drop from 1.20 to 1.14 is a 600+ pip institutional move, signaling strong bearish control—but also placing price into a historically significant demand zone. 1. Macro Market Structure (The Big Picture) From a structural standpoint, EUR/USD has transitioned from a bullish expansion phase into a corrective or potentially bearish phase. The rejection near 1.2000 marked a significant turning point, where institutional sellers entered aggressively, driving price lower over multiple weeks. This decline has been characterized by: Consistent lower highs Strong impulsive bearish legs Weak corrective pullbacks…

SkyPress Desk | SkyPress News Apr 3

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