The third quarter is officially in the books. Here’s the scoreboard. The dollar: winner, again After a shaky July and a genuinely bad August, the greenback closed the quarter with a vengeance. Against the euro, September’s 3% rally erased two months of losses and then some — the Fed’s own data shows the euro at […]
The quarter is closing, and corporate treasury desks are having their say. EUR/USD dropped to 1.1327 on Tuesday — matching the June low to the fraction — as quarter-end rebalancing flows compounded the pair’s existing downtrend. The final days of a quarter reliably produce chunky, price-insensitive flows as multinationals true up their hedges, and in […]
1.1375. EUR/USD closed Wednesday at its lowest level since early 2025, extending a decline that has now run for fifteen straight sessions with barely a pause. The pair has lost 3.4% from the August high of 1.1712, and the selling shows no signs of exhaustion. The anatomy of a trend Look at the pattern: bounce, […]
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 […]