Forex Report: US Dollar subdued amid US-China tensions, key economic events ahead, AUD/USD surges 0.42%

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# Forex Report: US Dollar subdued amid US-China tensions, key economic events ahead, AUD/USD surges 0.42%

DXY_candlestick_1m_20251013_0737 Chart

## Forex and Global News
In today’s forex market, the US Dollar (USD) remains subdued, with the DXY index at 99.02, up 0.1041%. The ongoing geopolitical tensions, particularly the renewed US-China trade spat, are influencing market sentiment. European markets opened higher, buoyed by a rebound in mining stocks. The EUR/GBP cross saw mild gains, trading above 0.8700, as the Pound Sterling (GBP) weakened due to concerns over potential tax increases in the UK’s upcoming Autumn Budget.

Gold prices continued their record-setting rally, climbing to the $4,078 mark amid the backdrop of US-China tensions and expectations of a dovish Federal Reserve. Crude Oil prices also showed bullish tendencies, with West Texas Intermediate (WTI) rising to $59.40 per barrel, reflecting market optimism despite a generally weaker crude price environment.

The GBP/USD pair tested levels below 1.3300 as selling pressure increased, while the EUR/USD pair edged lower, influenced by political instability in both the US and Europe. Overall, the market is experiencing heightened volatility driven by trade concerns and geopolitical developments.

## Economic Calendar Events Today
All times are in US Eastern Time (New York).

Date Time Cur Imp Event Actual Forecast
2025-10-13 06:30 🇮🇳 Medium CPI (YoY) (Sep) 1.70%
2025-10-13 07:00 🇺🇸 Medium Construction Spending (MoM) (Aug) -0.1%
2025-10-13 07:00 🇺🇸 Medium OPEC Monthly Report
2025-10-13 09:00 🇪🇺 Medium German Buba Vice President Buch Speaks
2025-10-13 13:30 🇪🇺 Medium German Buba Balz Speaks
2025-10-13 15:10 🇬🇧 Medium BoE MPC Member Mann Speaks
2025-10-13 17:45 🇳🇿 Medium Electronic Card Retail Sales (MoM) (Sep)
2025-10-13 19:01 🇬🇧 Medium BRC Retail Sales Monitor (YoY) (Sep) 2.5%
2025-10-13 20:30 🇦🇺 Medium RBA Meeting Minutes
2025-10-13 20:30 🇦🇺 Medium NAB Business Confidence (Sep)

On October 13, 2025, several economic events are poised to influence the foreign exchange (FX) markets, with particular focus on the Indian Rupee (INR), US Dollar (USD), Euro (EUR), British Pound (GBP), and Australian Dollar (AUD).

At 06:30 ET, India’s Consumer Price Index (CPI) for September is expected to be 1.70%. A deviation from this forecast could significantly impact the INR, particularly if inflation pressures exceed expectations, potentially prompting responses from the Reserve Bank of India.

The USD will be influenced by construction spending data at 07:00 ET, forecasted to decline by 0.1%. If actual spending falls short, it may weaken the USD as it could signal a slowdown in economic activity.

Key speeches from European Central Bank officials, including German Buba Vice President at 09:00 ET and Buba Balz at 13:30 ET, could provide insights into monetary policy, affecting the EUR’s valuation.

In the UK, the BRC Retail Sales Monitor at 19:01 ET is anticipated to show a 2.5% increase, which, if confirmed, could bolster the GBP. Finally, the RBA Meeting Minutes and NAB Business Confidence data at 20:30 ET will be critical for the AUD, with any surprises potentially influencing market sentiment towards the Australian economy.

## 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 1.1609 0.0258 -0.3913 -0.8835 -1.0716 -0.4911 2.8012 11.56 6.1748 1.1693 1.1638 1.1213 28.67 -0.0023
USD/JPY – U.S. Dollar / Japanese Yen USDJPY 152.36 0.2870 0.2045 1.8422 3.4899 3.0922 6.4122 -2.9510 2.4599 148.05 146.81 148.26 71.38 1.0799
GBP/USD – British Pound / U.S. Dollar GBPUSD 1.3334 -0.0675 -0.6484 -0.7430 -1.7871 -0.7004 0.7784 6.2546 2.0811 1.3474 1.3498 1.3165 36.07 -0.0035
USD/CHF – U.S. Dollar / Swiss Franc USDCHF 0.8023 0.0000 0.4646 0.6410 0.7978 0.5552 -2.2503 -11.1753 -6.3335 0.8006 0.8042 0.8398 65.64 0.0005
AUD/USD – Australian Dollar / U.S. Dollar AUDUSD 0.6525 0.4155 -0.8435 -1.0329 -2.1446 -0.3013 2.9521 4.9035 -3.2042 0.6555 0.6535 0.6420 36.68 -0.0001
USD/CAD – U.S. Dollar / Canadian Dollar USDCAD 1.4002 0.0429 0.3526 0.2649 1.2166 2.1693 0.3224 -2.4237 1.8646 1.3834 1.3763 1.3984 86.50 0.0047
NZD/USD – New Zealand Dollar / U.S. Dollar NZDUSD 0.5742 0.1745 -0.9608 -1.4196 -3.9446 -3.8496 -2.6036 1.8137 -5.8071 0.5878 0.5943 0.5847 27.90 -0.0035

EUR_USD_-_Euro___U.S._Dollar_candlestick_20251013_0737 Chart

USD_JPY_-_U.S._Dollar___Japanese_Yen_candlestick_20251013_0737 Chart

GBP_USD_-_British_Pound___U.S._Dollar_candlestick_20251013_0737 Chart

USD_CHF_-_U.S._Dollar___Swiss_Franc_candlestick_20251013_0737 Chart

AUD_USD_-_Australian_Dollar___U.S._Dollar_candlestick_20251013_0737 Chart

USD_CAD_-_U.S._Dollar___Canadian_Dollar_candlestick_20251013_0737 Chart

NZD_USD_-_New_Zealand_Dollar___U.S._Dollar_candlestick_20251013_0737 Chart

In the current forex landscape, several key pairs exhibit notable overbought and oversold conditions. The USD/CAD pair shows an extreme overbought RSI at 86.50, coupled with a positive MACD of 0.0047, indicating strong bullish momentum. This suggests a potential correction may be on the horizon as market participants take profits.

Conversely, the EUR/USD and NZD/USD pairs are in oversold territory, with RSIs at 28.67 and 27.90, respectively. Both pairs also reflect bearish MACD readings, indicating persistent selling pressure. The EUR/USD is particularly interesting as it approaches significant moving averages, with the MA50 at 1.1693 and MA200 at 1.1213, suggesting potential support levels.

The USD/JPY pair, with an RSI of 71.38, is nearing overbought conditions and may see a pullback, while the GBP/USD and AUD/USD remain in neutral territory, suggesting a lack of

## Cross FX Group

Name Symbol Price Daily (%) 5D (%) 1W (%) 1M (%) 3M (%) 6M (%) YTD (%) 12M (%) MA50 MA100 MA200 RSI MACD
EUR/GBP EURGBP 0.8703 0.0805 0.2303 -0.1698 0.6989 0.1773 1.9719 4.9578 3.9772 0.8678 0.8622 0.8514 40.64 0.0006
EUR/JPY EURJPY 176.80 0.2950 -0.2224 0.9080 2.3385 2.5480 9.3875 8.2118 8.7470 173.08 170.82 166.00 67.23 0.9861
EUR/CHF EURCHF 0.9310 0.0215 0.0376 -0.2828 -0.3137 0.0215 0.4478 -0.9469 -0.5937 0.9360 0.9355 0.9389 34.60 -0.0010
EUR/AUD EURAUD 1.7799 -0.3136 0.5082 0.2156 1.1364 -0.1442 -0.1033 6.3770 9.7383 1.7840 1.7805 1.7452 32.72 -0.0040
GBP/JPY GBPJPY 203.14 0.2126 -0.4509 1.0838 1.6371 2.3644 7.2761 3.1163 4.5906 199.59 198.27 195.01 64.72 1.0494
GBP/CHF GBPCHF 1.0696 -0.0654 -0.1969 -0.1102 -1.0106 -0.1624 -1.4983 -5.6249 -4.3950 1.0786 1.0855 1.1034 51.73 -0.0018
AUD/JPY AUDJPY 99.32 0.6057 -0.7257 0.6965 1.2085 2.6956 9.5280 1.7383 -0.8911 97.01 95.92 95.12 75.49 0.7781
AUD/NZD AUDNZD 1.1362 0.2736 0.1128 0.3834 1.8898 3.6849 5.6989 3.0385 2.7529 1.1151 1.0996 1.0981 65.22 0.0066
CHF/JPY CHFJPY 189.89 0.2751 -0.2525 1.1920 2.6738 2.5335 8.9182 9.2591 9.3937 184.89 182.56 176.81 67.42 1.2373
NZD/JPY NZDJPY 87.39 0.3249 -0.8430 0.3053 -0.6695 -0.9599 3.5586 -1.2799 -3.5781 87.05 87.26 86.62 65.99 0.1500

crosses_normalized_3m_20251013_0737 Chart

In the current forex landscape, several pairs exhibit notable technical signals. EUR/JPY is approaching overbought conditions with an RSI of 67.23 and a positive MACD, suggesting potential upward momentum but caution is warranted. Conversely, EUR/CHF and EUR/AUD are in oversold territory with RSIs of 34.60 and 32.72, respectively, and negative MACDs, indicating potential buying opportunities. The AUD/JPY shows strong bullish momentum with an RSI of 75.49, signaling overbought conditions. Meanwhile, GBP/JPY and CHF/JPY are maintaining bullish trends with RSIs below 70, suggesting room for further upside. Traders should monitor these levels for potential reversals or continuation patterns.

## 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 41.80 0.0012 0.2048 0.2747 1.1126 3.9175 9.5157 18.40 22.04 41.19 40.49 38.77 95.82 0.1703
USD/ZAR – U.S. Dollar / South African Rand USDZAR 17.28 -0.6032 0.4393 0.1578 -0.3557 -3.4568 -9.1527 -7.8871 -1.3214 17.50 17.65 18.06 42.97 -0.0927
USD/THB – U.S. Dollar / Thai Baht USDTHB 32.53 -0.2759 0.1539 0.4322 2.5859 0.2157 -2.8085 -4.7131 -2.6951 32.23 32.38 33.08 80.69 0.1293
USD/SEK – U.S. Dollar / Swedish Krona USDSEK 9.5103 0.0158 1.1588 1.3367 2.1758 -1.0807 -3.6679 -13.7296 -8.4630 9.4608 9.5151 9.9273 61.46 0.0024
USD/NOK – U.S. Dollar / Norwegian Krone USDNOK 10.09 -0.0941 1.2178 1.2452 2.3482 -0.4943 -5.2432 -10.9636 -5.9998 10.04 10.07 10.46 61.57 -0.0046
USD/DKK – U.S. Dollar / Danish Krone USDDKK 6.4340 -0.0186 0.4371 0.9380 1.1483 0.5740 -2.6847 -10.2249 -5.7027 6.3842 6.4143 6.6728 68.56 0.0104
USD/MXN – U.S. Dollar / Mexican Peso USDMXN 18.45 -0.2972 0.3452 0.1013 -0.0108 -1.5808 -8.3150 -10.5670 -5.0745 18.56 18.73 19.46 47.56 -0.0543
USD/PLN – U.S. Dollar / Polish Zloty USDPLN 3.6710 -0.0545 0.6367 1.0938 1.2704 0.7185 -3.4413 -10.6175 -6.6700 3.6403 3.6580 3.7885 64.07 0.0054
USD/HUF – U.S. Dollar / Hungarian Forint USDHUF 337.20 -0.1832 0.0317 1.9402 1.1064 -1.5819 -6.6137 -14.6346 -8.0690 336.16 341.13 358.53 61.78 -0.1088
USD/CZK – U.S. Dollar / Czech Koruna USDCZK 20.95 -0.0095 0.2139 1.1855 0.9567 -0.8802 -5.6104 -13.2926 -9.5279 20.86 21.10 22.18 66.41 0.0155

exotics_normalized_3m_20251013_0737 Chart

In the current market landscape, USD/TRY exhibits extreme overbought conditions with an RSI of 95.82, indicating potential for a corrective pullback. The MACD remains bullish, reinforcing the upward momentum despite the overextension. Conversely, USD/THB, with an RSI of 80.69, also signals overbought territory, though its MACD suggests sustained bullish momentum. Other pairs like USD/ZAR and USD/MXN are in neutral to bearish territory, with RSIs below 50 and negative MACDs, indicating potential weakness. Monitoring MA crossovers in these pairs will be crucial for identifying trend reversals or continuations in the coming sessions.