EUR/USD closed Friday at 1.1378, down another 100 pips, and the euro’s September has gone from bad to worse. The pair has now fallen 2.5 cents from the August high of 1.1712, and each bounce is shallower than the last. This isn’t just dollar strength That’s the key point. The dollar is firm, yes — […]
1.1327. That’s where EUR/USD traded on Thursday — the lowest level since early 2025 — and the tone of this move is very different from the gentle fade we saw in May. The pair has lost about 2.6% in two weeks, falling from 1.1596 at the start of September. It broke 1.15 without pausing, sliced […]
The correction is over. The question now is whether something worse is starting. EUR/USD closed Tuesday at 1.1480, decisively below 1.15 for the first time since early August. GBP/USD fell to 1.3389, down from 1.3501 just days ago. USD/JPY rebounded to 157.05, completing its round trip from the Monday panic low of 152.90. The dollar […]
Monday morning, and the dollar is creeping back. Not dramatically — there’s no headline, no shock. But the drift is clear. EUR/USD has slipped from 1.1628 on Friday to the mid-1.15s, and the tone has changed from the carefree dollar-selling of August to something more two-way. USD/JPY’s recovery to 154.42 after the Monday low tells […]
Just when the carry community thought the worst was over, the yen delivered another lesson. USD/JPY spiked down to 152.90 on Monday — matching the July low to the pip — before rebounding to close the week at 153.42. The weekly range of 154.99 to 152.90 looks small only because it followed last week’s explosion. […]