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, […]
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 […]
The monthly close is in, and the scorecard is unambiguous: August belonged to the dollar bears. EUR/USD ends August at 1.1589, up from 1.1544 in July and a massive 2.6% above the June close of 1.1300. GBP/USD closes at 1.3540, its second-highest monthly finish of the year. USD/JPY at 160.12 is the only major where […]