## Forex and Global News
In today’s forex landscape, significant geopolitical tensions and economic indicators are influencing market sentiment. The Chinese President Xi Jinping’s call for AI cooperation at the SCO summit highlights China’s ambition to position itself as a global peacemaker, amidst ongoing geopolitical strains. Meanwhile, Thailand faces potential political chaos following the removal of Prime Minister Paetongtarn Shinawatra, creating uncertainty that could impact the Thai Baht.
In the U.S., attention is focused on the upcoming Nonfarm Payrolls report, with heightened interest following last month’s revisions. The Commodity Futures Trading Commission (CFTC) indicates increasing bearish sentiment towards the USD, which may contribute to its current volatility.
Gold prices are on the rise, nearing $3,480, supported by thin trading conditions due to U.S. and Canadian market closures for Labor Day, which may further bolster demand for safe-haven assets.
As for major currencies, the DXY is currently at 97.70, reflecting a daily change of -0.1359%. The overall market remains cautious, with investors closely monitoring both economic data and geopolitical developments.
## Economic Calendar Events Today
All times are in US Eastern Time (New York).
| Date | Time | Cur | Imp | Event | Actual | Forecast |
|---|---|---|---|---|---|---|
| 2025-09-01 | 02:00 | 🇬🇧 | Medium | Nationwide HPI (YoY) (Aug) | 2.1% | |
| 2025-09-01 | 02:00 | 🇬🇧 | Medium | Nationwide HPI (MoM) (Aug) | -0.1% | 0.1% |
| 2025-09-01 | 03:15 | 🇪🇺 | Medium | HCOB Spain Manufacturing PMI (Aug) | 54.3 | 52.1 |
| 2025-09-01 | 03:30 | 🇨🇭 | Medium | procure.ch Manufacturing PMI (Aug) | 46.9 | |
| 2025-09-01 | 03:45 | 🇪🇺 | Medium | HCOB Italy Manufacturing PMI (Aug) | 49.8 | |
| 2025-09-01 | 03:50 | 🇪🇺 | Medium | HCOB France Manufacturing PMI (Aug) | 49.9 | |
| 2025-09-01 | 03:55 | 🇪🇺 | Medium | HCOB Germany Manufacturing PMI (Aug) | 49.9 | |
| 2025-09-01 | 04:00 | 🇪🇺 | Medium | HCOB Eurozone Manufacturing PMI (Aug) | 50.5 | |
| 2025-09-01 | 04:30 | 🇬🇧 | Medium | S&P Global Manufacturing PMI (Aug) | 47.3 | |
| 2025-09-01 | 05:00 | 🇪🇺 | Medium | Unemployment Rate (Jul) | 6.2% | |
| 2025-09-01 | 08:00 | 🇪🇺 | Medium | ECB’s Schnabel Speaks | ||
| 2025-09-01 | 13:30 | 🇪🇺 | Medium | ECB President Lagarde Speaks | ||
| 2025-09-01 | 21:30 | 🇦🇺 | Medium | Current Account (Q2) | -15.9B | |
| 2025-09-01 | 23:35 | 🇯🇵 | Medium | 10-Year JGB Auction |
On September 1, 2025, several key economic indicators are poised to influence FX markets, particularly the GBP and EUR.
For the GBP, the Nationwide House Price Index (HPI) for August reported a YoY increase of 2.1%, surpassing expectations. However, the MoM figure showed a slight decline of -0.1%, falling short of the forecasted 0.1%. This mixed data may lead to volatility in GBP trading, reflecting concerns about the housing market’s momentum.
In the Eurozone, the HCOB Spain Manufacturing PMI significantly outperformed expectations at 54.3, compared to the forecast of 52.1, indicating robust manufacturing activity. Conversely, the upcoming PMIs from Italy, France, and Germany, all expected around the 49.9 mark, suggest stagnation in manufacturing, which could weigh on the euro. The Eurozone Manufacturing PMI is forecasted at 50.5, a critical threshold separating expansion from contraction.
Additionally, ECB speeches from Schnabel and Lagarde later in the day may provide insights into monetary policy, influencing EUR valuations. Traders will be closely monitoring these developments as they assess potential impacts on currency movements, particularly the GBP and EUR against other major currencies.
## Major FX Group
| Name | Symbol | Price | Daily (%) | 5D (%) | 1W (%) | 1M (%) | 3M (%) | 6M (%) | YTD (%) | 12M (%) | MA50 | MA100 | MA200 | RSI | MACD |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EUR/USD – Euro / U.S. Dollar | EURUSD | 1.1725 | 0.2822 | 0.7353 | 0.1315 | 2.6371 | 2.3710 | 10.33 | 12.67 | 5.8170 | 1.1668 | 1.1513 | 1.1028 | 58.61 | 0.0012 |
| USD/JPY – U.S. Dollar / Japanese Yen | USDJPY | 147.11 | -0.0075 | -0.2394 | -0.0720 | -2.4295 | 3.2692 | -1.7957 | -6.2970 | 1.5315 | 146.93 | 145.55 | 149.05 | 44.24 | 0.0491 |
| GBP/USD – British Pound / U.S. Dollar | GBPUSD | 1.3522 | 0.1407 | 0.3211 | 0.0804 | 2.3629 | -0.2563 | 5.6880 | 7.7528 | 2.7023 | 1.3501 | 1.3444 | 1.3038 | 57.38 | 0.0014 |
| USD/CHF – U.S. Dollar / Swiss Franc | USDCHF | 0.7996 | -0.1499 | -0.5176 | -0.3316 | -1.7570 | -2.0026 | -10.1209 | -11.4743 | -5.5895 | 0.8022 | 0.8134 | 0.8537 | 42.56 | -0.0003 |
| AUD/USD – Australian Dollar / U.S. Dollar | AUDUSD | 0.6542 | -0.0306 | 0.7112 | 0.8805 | 1.7562 | 0.6709 | 4.3384 | 5.1769 | -3.7347 | 0.6520 | 0.6478 | 0.6387 | 54.26 | -0.0001 |
| USD/CAD – U.S. Dollar / Canadian Dollar | USDCAD | 1.3748 | 0.0582 | -0.6173 | -0.5843 | -0.7866 | 0.2720 | -4.5085 | -4.1938 | 1.9193 | 1.3731 | 1.3772 | 1.4032 | 49.66 | 0.0022 |
| NZD/USD – New Zealand Dollar / U.S. Dollar | NZDUSD | 0.5896 | -0.0170 | 0.6418 | 0.5215 | 0.1241 | -2.5114 | 4.1405 | 4.5443 | -5.8645 | 0.5964 | 0.5962 | 0.5834 | 43.03 | -0.0027 |
Currently, the analysis of key FX pairs reveals a generally neutral market sentiment, with no pairs exhibiting extreme overbought or oversold conditions. The EUR/USD pair, with an RSI of 58.61 and a positive MACD at 0.0012, indicates a stable bullish trend, though it remains below the overbought threshold. Similarly, GBP/USD shows a healthy RSI of 57.38 and a positive MACD, suggesting continued upward momentum.
In contrast, the USD/JPY pair, with an RSI of 44.24 and a positive MACD of 0.0491, indicates a lack of strong bullish sentiment, while USD/CHF and NZD/USD are leaning towards bearish conditions, as evidenced by their lower RSIs (42.56 and 43.03, respectively) and negative MACDs. Overall, the market is characterized by a cautious approach, with potential for shifts depending on forthcoming economic data and geopolitical developments.
## Cross FX Group
| Name | Symbol | Price | Daily (%) | 5D (%) | 1W (%) | 1M (%) | 3M (%) | 6M (%) | YTD (%) | 12M (%) | MA50 | MA100 | MA200 | RSI | MACD |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EUR/GBP | EURGBP | 0.8668 | 0.1386 | 0.3822 | 0.0231 | 0.2382 | 2.6078 | 4.3809 | 4.5357 | 3.0041 | 0.8640 | 0.8562 | 0.8452 | 45.17 | -0.0002 |
| EUR/JPY | EURJPY | 172.45 | 0.2826 | 0.4848 | 0.0453 | 0.1318 | 5.7081 | 8.3630 | 5.5476 | 7.4207 | 171.36 | 167.46 | 164.08 | 43.64 | 0.1652 |
| EUR/CHF | EURCHF | 0.9373 | 0.1282 | 0.1978 | -0.2204 | 0.8218 | 0.3050 | -0.8285 | -0.2766 | -0.1183 | 0.9356 | 0.9356 | 0.9387 | 42.68 | 0.0003 |
| EUR/AUD | EURAUD | 1.7925 | 0.3415 | 0.0441 | -0.7167 | 0.8887 | 1.7137 | 5.7709 | 7.1300 | 9.9396 | 1.7895 | 1.7771 | 1.7250 | 50.93 | 0.0024 |
| GBP/JPY | GBPJPY | 198.94 | 0.1389 | 0.1112 | 0.0216 | -0.1034 | 3.0238 | 3.8157 | 0.9858 | 4.2979 | 198.31 | 195.56 | 194.08 | 48.38 | 0.2350 |
| GBP/CHF | GBPCHF | 1.0813 | -0.0092 | -0.1809 | -0.2362 | 0.5879 | -2.2386 | -4.9874 | -4.5926 | -2.9963 | 1.0828 | 1.0928 | 1.1108 | 45.90 | 0.0005 |
| AUD/JPY | AUDJPY | 96.20 | -0.0488 | 0.4406 | 0.7710 | -0.7501 | 3.9282 | 2.4593 | -1.4597 | -2.2924 | 95.75 | 94.21 | 95.15 | 44.95 | -0.0327 |
| AUD/NZD | AUDNZD | 1.1093 | -0.0090 | 0.0550 | 0.3442 | 1.6103 | 3.2459 | 0.1975 | 0.5990 | 2.3434 | 1.0924 | 1.0861 | 1.0950 | 75.96 | 0.0048 |
| CHF/JPY | CHFJPY | 183.98 | 0.1551 | 0.2876 | 0.2786 | -0.6712 | 5.4031 | 9.2771 | 5.8592 | 7.5544 | 183.23 | 179.08 | 174.83 | 64.47 | 0.1714 |
| NZD/JPY | NZDJPY | 86.71 | -0.0208 | 0.3948 | 0.4457 | -2.3031 | 0.6664 | 2.2621 | -2.0537 | -4.4415 | 87.62 | 86.72 | 86.89 | 31.12 | -0.4086 |
Current analysis of the selected FX pairs indicates a predominantly neutral to bearish sentiment. Notably, AUD/NZD is approaching overbought territory with an RSI of 75.96, suggesting potential profit-taking or a reversal. Conversely, NZD/JPY is deeply oversold at an RSI of 31.12, coupled with a negative MACD, indicating further downside risk. The remaining pairs, including EUR/GBP, EUR/JPY, and GBP/JPY, exhibit RSI values between 40-50, reflecting a lack of momentum. MACD readings are mixed, with some pairs like EUR/JPY showing positive momentum, while others remain bearish. Overall, caution is advised for traders navigating these conditions.
## Exotics and Emerging
| Name | Symbol | Price | Daily (%) | 5D (%) | 1W (%) | 1M (%) | 3M (%) | 6M (%) | YTD (%) | 12M (%) | MA50 | MA100 | MA200 | RSI | MACD |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| USD/TRY – U.S. Dollar / Turkish Lira | USDTRY | 41.11 | -0.0328 | 0.1828 | 0.3716 | 1.1059 | 5.0254 | 12.85 | 16.45 | 20.64 | 40.43 | 39.62 | 37.79 | 81.51 | 0.1903 |
| USD/ZAR – U.S. Dollar / South African Rand | USDZAR | 17.58 | -0.3926 | -0.2226 | 0.8702 | -3.4561 | -1.3993 | -4.8142 | -6.3081 | -0.8242 | 17.74 | 17.98 | 18.18 | 47.63 | -0.0409 |
| USD/THB – U.S. Dollar / Thai Baht | USDTHB | 32.26 | -0.0929 | -0.5242 | -0.3090 | -1.4661 | -0.7385 | -4.1877 | -5.5040 | -4.8097 | 32.44 | 32.71 | 33.39 | 43.59 | -0.0248 |
| USD/SEK – U.S. Dollar / Swedish Krona | USDSEK | 9.4341 | -0.2453 | -1.2861 | -0.7609 | -3.5816 | -0.8571 | -9.3960 | -14.4209 | -7.6865 | 9.5755 | 9.6097 | 10.17 | 43.14 | -0.0186 |
| USD/NOK – U.S. Dollar / Norwegian Krone | USDNOK | 10.03 | -0.2198 | -0.9124 | -0.3183 | -2.8041 | -0.2649 | -9.5118 | -11.4148 | -4.4340 | 10.16 | 10.22 | 10.65 | 32.80 | -0.0218 |
| USD/DKK – U.S. Dollar / Danish Krone | USDDKK | 6.3680 | -0.2694 | -0.7026 | -0.0932 | -2.5423 | -2.2323 | -9.2989 | -11.1458 | -5.3983 | 6.3985 | 6.4874 | 6.7844 | 47.40 | -0.0038 |
| USD/MXN – U.S. Dollar / Mexican Peso | USDMXN | 18.63 | -0.1405 | -0.1703 | 0.1803 | -1.2612 | -2.9460 | -9.2725 | -9.7198 | -6.0875 | 18.72 | 19.08 | 19.74 | 53.75 | -0.0214 |
| USD/PLN – U.S. Dollar / Polish Zloty | USDPLN | 3.6319 | -0.3512 | -0.6793 | 0.0094 | -2.9349 | -2.1710 | -7.2673 | -11.5696 | -6.0407 | 3.6471 | 3.7008 | 3.8560 | 51.08 | -0.0021 |
| USD/HUF – U.S. Dollar / Hungarian Forint | USDHUF | 337.20 | -0.5688 | -0.8305 | 0.1214 | -3.6238 | -4.1585 | -10.1684 | -14.6344 | -4.8081 | 341.20 | 348.59 | 367.30 | 50.11 | -0.8247 |
| USD/CZK – U.S. Dollar / Czech Koruna | USDCZK | 20.83 | -0.3521 | -1.0220 | -0.5671 | -3.1116 | -3.9661 | -11.6994 | -13.7686 | -7.7470 | 21.07 | 21.51 | 22.66 | 50.47 | -0.0303 |
In the current analysis, USD/TRY is significantly overbought with an RSI of 81.51, coupled with a positive MACD of 0.1903, indicating strong bullish momentum. This suggests potential for a corrective pullback. Conversely, USD/NOK is nearing oversold conditions with an RSI of 32.80 and a negative MACD, reflecting bearish sentiment. Other pairs, such as USD/ZAR and USD/THB, show neutral RSI levels, indicating a lack of strong directional bias. MA crossovers across these pairs suggest mixed trends, warranting cautious trading strategies. Traders should monitor USD/TRY for potential reversals while considering opportunities in the oversold NOK.
