Forex Market Report: USD/CAD Decline and GBP/USD Building Momentum
Published: November 07, 2025
📊 Market Overview
The forex market is currently facing significant turbulence, largely driven by the ongoing US government shutdown. Consumer sentiment is nearing its lowest level ever, contributing to a 6.2% monthly decline and approximately 30% drop from a year ago, according to a University of Michigan sentiment survey. The shutdown has also resulted in the cancellation of more than 700 domestic flights, as air traffic controllers have missed their paychecks, further impacting the economy. Key economic data, including the jobs report, is also being delayed due to the shutdown.
Investor sentiment is further dampened by the recent slide in AI stocks, raising concerns over a potential tech bubble. However, some market analysts, such as Altimeter’s Brad Gerstner, argue that the market pullback is healthy and does not necessarily indicate a tech bubble. Despite the current economic climate, opportunities are identified in stocks supporting the AI supply chain, which are expected to benefit as AI spending continues to increase.
💱 Major Currency Pairs Performance
| Currency Pair | Price | Daily % | Weekly % | Monthly % |
|---|---|---|---|---|
| 🇪🇺 EUR/USD 🇺🇸 | 1.15716 | +0.22% | +0.46% | -1.31% |
| 🇺🇸 USD/JPY 🇯🇵 | 153.18100 | +0.09% | -0.67% | +3.11% |
| 🇬🇧 GBP/USD 🇺🇸 | 1.31675 | +0.25% | +0.22% | -1.94% |
| 🇺🇸 USD/CHF 🇨🇭 | 0.80444 | -0.19% | -0.41% | +0.89% |
| 🇦🇺 AUD/USD 🇺🇸 | 0.64845 | +0.10% | -0.78% | -1.38% |
| 🇺🇸 USD/CAD 🇨🇦 | 1.40550 | -0.43% | +0.00% | +1.02% |
| 🇳🇿 NZD/USD 🇺🇸 | 0.56219 | -0.14% | -1.43% | -2.65% |
📈 Performance Charts
🏆 Best Daily Performer
📉 Worst Daily Performer
📊 Normalized Performance – All Majors (3 Months)
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The content on MarketsFN.com is provided for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or trading guidance. All investments involve risks, and past performance does not guarantee future results. You are solely responsible for your investment decisions and should conduct independent research and consult a qualified financial advisor before acting. MarketsFN.com and its authors are not liable for any losses or damages arising from your use of this information.
