## Forex and Global News
In the forex market today, the U.S. dollar (USD) remained relatively stable against major currencies, with the DXY index at 98.89, reflecting a slight increase of 0.0384%. Geopolitical tensions are influencing market sentiment, particularly concerning China’s potential blockade of Taiwan, which could disrupt supply chains and increase volatility in the region.
Gold prices continue to rise, driven by concerns over economic stability, prompting investors like Ray Dalio to recommend holding more gold as a safe asset. This uptick in gold prices is causing alarm among jewelry companies, which are struggling to maintain lower price points amidst rising costs.
In Europe, political instability in France is drawing attention to the country’s mounting debt and deficit issues, while the UK steel industry faces significant challenges due to increased EU tariffs, raising concerns among automakers and other sectors.
Overall, the forex market reflects a cautious sentiment, with traders monitoring geopolitical developments and economic indicators closely as they navigate through these turbulent times.
## Economic Calendar Events Today
All times are in US Eastern Time (New York).
| Date | Time | Cur | Imp | Event | Actual | Forecast |
|---|---|---|---|---|---|---|
| 2025-10-08 | 02:00 | 🇸🇪 | Medium | CPI (MoM) (Sep) | 0.0% | 0.2% |
| 2025-10-08 | 02:00 | 🇸🇪 | Medium | CPI (YoY) (Sep) | 0.9% | 1.0% |
| 2025-10-08 | 02:00 | 🇪🇺 | Medium | German Industrial Production (MoM) (Aug) | -4.3% | -1.0% |
| 2025-10-08 | 05:15 | 🇪🇺 | Medium | German Buba Vice President Buch Speaks | ||
| 2025-10-08 | 06:30 | 🇪🇺 | Medium | ECB’s Elderson Speaks | ||
| 2025-10-08 | 09:00 | 🇪🇺 | Medium | ECB Supervisory Board Member Tuominen Speaks | ||
| 2025-10-08 | 09:30 | 🇺🇸 | Medium | Fed Vice Chair for Supervision Barr Speaks | ||
| 2025-10-08 | 10:00 | 🇺🇸 | Medium | Construction Spending (MoM) (Aug) | -0.1% | |
| 2025-10-08 | 10:30 | 🇺🇸 | High | Crude Oil Inventories | 0.400M | |
| 2025-10-08 | 10:30 | 🇺🇸 | Medium | Cushing Crude Oil Inventories | ||
| 2025-10-08 | 11:00 | 🇬🇧 | Medium | BoE MPC Member Pill Speaks | ||
| 2025-10-08 | 12:00 | 🇪🇺 | Medium | ECB President Lagarde Speaks | ||
| 2025-10-08 | 13:00 | 🇺🇸 | High | 10-Year Note Auction | ||
| 2025-10-08 | 15:00 | 🇺🇸 | High | FOMC Meeting Minutes | ||
| 2025-10-08 | 15:15 | 🇺🇸 | Medium | FOMC Member Kashkari Speaks | ||
| 2025-10-08 | 17:45 | 🇺🇸 | Medium | Fed Vice Chair for Supervision Barr Speaks |
On October 8, 2025, key economic indicators and speeches are set to influence FX markets, particularly for the SEK and EUR currencies.
The Swedish Krona (SEK) faced downward pressure as the Consumer Price Index (CPI) figures for September revealed a 0.0% month-over-month change, significantly below the forecast of 0.2%. The year-over-year CPI also missed expectations at 0.9%, versus a forecast of 1.0%. This disappointing data may lead to a bearish sentiment towards the SEK, as it suggests weaker inflationary pressures that could impact future monetary policy.
In the Eurozone, German Industrial Production for August reported a stark decline of -4.3%, far worse than the anticipated -1.0%. This surprising drop raises concerns over the health of the German economy and could lead to increased volatility in the EUR, particularly ahead of speeches from key ECB officials, including President Lagarde.
Additionally, U.S. market participants will be closely watching construction spending data and FOMC meeting minutes later in the day, with expectations of a slight decline in construction spending (-0.1%). These U.S. indicators could influence the USD’s trajectory, particularly in relation to the EUR and SEK, as market sentiment adjusts to the evolving economic landscape.
## 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 | 1.1617 | -0.3944 | -0.9221 | -1.0127 | -0.8210 | -0.9732 | 3.1903 | 11.64 | 5.8425 | 1.1685 | 1.1629 | 1.1195 | 29.50 | -0.0004 |
| USD/JPY – U.S. Dollar / Japanese Yen | USDJPY | 152.47 | 0.4328 | 3.6126 | 3.0197 | 2.7787 | 4.3473 | 6.0655 | -2.8848 | 2.9160 | 147.94 | 146.63 | 148.31 | 73.02 | 0.6699 |
| GBP/USD – British Pound / U.S. Dollar | GBPUSD | 1.3400 | -0.1937 | -0.3469 | -0.3228 | -0.6886 | -1.4202 | 3.1398 | 6.7806 | 2.4095 | 1.3468 | 1.3501 | 1.3153 | 34.45 | -0.0018 |
| USD/CHF – U.S. Dollar / Swiss Franc | USDCHF | 0.8015 | 0.4386 | 0.5621 | 0.6657 | 0.2903 | 1.0808 | -2.3466 | -11.2639 | -6.2112 | 0.8011 | 0.8047 | 0.8408 | 68.81 | -0.0005 |
| AUD/USD – Australian Dollar / U.S. Dollar | AUDUSD | 0.6565 | -0.3491 | -0.5015 | -0.6913 | 0.1602 | 0.4452 | 5.4890 | 5.5466 | -2.8271 | 0.6548 | 0.6531 | 0.6415 | 36.12 | 0.0008 |
| USD/CAD – U.S. Dollar / Canadian Dollar | USDCAD | 1.3960 | 0.0717 | -0.0064 | 0.2621 | 0.9108 | 2.0170 | 0.0645 | -2.7164 | 2.5114 | 1.3829 | 1.3761 | 1.3988 | 82.00 | 0.0043 |
| NZD/USD – New Zealand Dollar / U.S. Dollar | NZDUSD | 0.5744 | -1.0167 | -1.2974 | -0.8970 | -2.4572 | -4.2412 | -0.0676 | 1.8492 | -6.2740 | 0.5886 | 0.5948 | 0.5845 | 25.31 | -0.0032 |
In the current forex landscape, several key pairs are displaying notable overbought and oversold conditions. The USD/CAD stands out with an RSI of 82.00, indicating a strong overbought condition, supported by a positive MACD of 0.0043. This suggests potential for a price correction as traders may seek to take profits. Conversely, the EUR/USD and NZD/USD are in oversold territory, with RSIs of 29.50 and 25.31, respectively. Both pairs exhibit negative MACD readings, indicating bearish momentum, which could present buying opportunities if a reversal occurs.
The USD/JPY is also noteworthy, with an RSI of 73.02, reflecting overbought conditions, while the GBP/USD and AUD/USD remain neutral, with RSIs of 34.45 and 36.12. Monitoring MA crossovers will be crucial, particularly for EUR/USD and NZD/USD, as potential bullish signals may emerge if prices stabilize and begin to
## Cross FX Group
| Name | Symbol | Price | Daily (%) | 5D (%) | 1W (%) | 1M (%) | 3M (%) | 6M (%) | YTD (%) | 12M (%) | MA50 | MA100 | MA200 | RSI | MACD |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EUR/GBP | EURGBP | 0.8668 | -0.1842 | -0.5884 | -0.7034 | -0.1429 | 0.4415 | 0.0427 | 4.5357 | 3.3504 | 0.8675 | 0.8613 | 0.8508 | 47.71 | 0.0009 |
| EUR/JPY | EURJPY | 177.09 | 0.0508 | 2.6413 | 1.9652 | 1.9165 | 3.3168 | 9.4319 | 8.3851 | 8.9264 | 172.85 | 170.52 | 165.87 | 68.11 | 0.7227 |
| EUR/CHF | EURCHF | 0.9309 | 0.0537 | -0.3852 | -0.3895 | -0.5512 | 0.0785 | 0.7478 | -0.9575 | -0.7400 | 0.9359 | 0.9356 | 0.9390 | 44.86 | -0.0009 |
| EUR/AUD | EURAUD | 1.7698 | -0.0226 | -0.4091 | -0.2980 | -0.9542 | -1.3924 | -2.1567 | 5.7734 | 8.9845 | 1.7844 | 1.7804 | 1.7443 | 41.88 | -0.0028 |
| GBP/JPY | GBPJPY | 204.31 | 0.2434 | 3.2584 | 2.6931 | 2.0749 | 2.8840 | 9.4072 | 3.7097 | 5.4069 | 199.22 | 197.95 | 194.92 | 67.28 | 0.6314 |
| GBP/CHF | GBPCHF | 1.0740 | 0.2520 | 0.2165 | 0.3260 | -0.3969 | -0.3507 | 0.7325 | -5.2367 | -3.9408 | 1.0787 | 1.0863 | 1.1040 | 49.01 | -0.0021 |
| AUD/JPY | AUDJPY | 100.06 | 0.0880 | 3.0791 | 2.2815 | 2.9116 | 4.7846 | 11.86 | 2.4984 | 0.0120 | 96.86 | 95.76 | 95.09 | 72.00 | 0.5589 |
| AUD/NZD | AUDNZD | 1.1427 | 0.6695 | 0.7941 | 0.1903 | 2.6722 | 4.8760 | 5.5459 | 3.6279 | 3.6547 | 1.1125 | 1.0981 | 1.0976 | 75.60 | 0.0075 |
| CHF/JPY | CHFJPY | 190.22 | 0.0110 | 3.0491 | 2.3709 | 2.4921 | 3.2452 | 8.6419 | 9.4519 | 9.7398 | 184.66 | 182.24 | 176.65 | 68.10 | 0.9515 |
| NZD/JPY | NZDJPY | 87.55 | -0.5701 | 2.2660 | 2.0955 | 0.2416 | -0.0799 | 5.9925 | -1.0958 | -3.5547 | 87.05 | 87.19 | 86.62 | 54.92 | -0.0801 |
In the current analysis of key FX pairs, several exhibit notable conditions. EUR/JPY and GBP/JPY, with RSIs near 68, suggest they are approaching overbought levels, particularly GBP/JPY which has a bullish MACD. Conversely, EUR/CHF and EUR/AUD remain in oversold territory, indicated by their low RSIs and negative MACDs, signaling potential buying opportunities. The AUD/JPY and AUD/NZD pairs are firmly in overbought zones (RSIs above 70), warranting caution for long positions. Overall, traders should monitor these conditions closely, as potential reversals may occur, especially in the overbought pairs.
## 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 | 41.71 | 0.0137 | 0.1664 | 0.3088 | 1.1041 | 4.1572 | 9.6633 | 18.14 | 21.80 | 41.15 | 40.44 | 38.71 | 95.78 | 0.1652 |
| USD/ZAR – U.S. Dollar / South African Rand | USDZAR | 17.22 | 0.0012 | -0.3121 | -0.3258 | -2.1834 | -3.3197 | -11.6496 | -8.2521 | -0.9020 | 17.54 | 17.67 | 18.07 | 40.89 | -0.0918 |
| USD/THB – U.S. Dollar / Thai Baht | USDTHB | 32.40 | -0.1541 | -0.1233 | -0.1848 | 0.9975 | -0.6744 | -4.1987 | -5.0939 | -3.1969 | 32.23 | 32.38 | 33.09 | 73.48 | 0.0807 |
| USD/SEK – U.S. Dollar / Swedish Krona | USDSEK | 9.4385 | 0.4117 | 0.4793 | 0.2324 | 0.5935 | -0.6745 | -3.9374 | -14.3809 | -8.7882 | 9.4736 | 9.5180 | 9.9428 | 64.14 | -0.0104 |
| USD/NOK – U.S. Dollar / Norwegian Krone | USDNOK | 9.9998 | 0.3432 | 0.2476 | 0.1167 | -0.1936 | -0.8615 | -7.1881 | -11.7220 | -6.0257 | 10.06 | 10.08 | 10.48 | 64.32 | -0.0152 |
| USD/DKK – U.S. Dollar / Danish Krone | USDDKK | 6.4267 | 0.3827 | 0.9265 | 1.0562 | 0.8379 | 1.0503 | -3.0955 | -10.3268 | -5.4021 | 6.3884 | 6.4177 | 6.6801 | 70.60 | 0.0024 |
| USD/MXN – U.S. Dollar / Mexican Peso | USDMXN | 18.41 | 0.1474 | 0.0054 | 0.5415 | -1.6734 | -1.1317 | -10.5925 | -10.7560 | -4.5448 | 18.58 | 18.75 | 19.48 | 56.70 | -0.0562 |
| USD/PLN – U.S. Dollar / Polish Zloty | USDPLN | 3.6644 | 0.4854 | 0.9375 | 0.8605 | 0.9554 | 1.3677 | -3.0975 | -10.7782 | -6.9423 | 3.6434 | 3.6599 | 3.7929 | 67.52 | 0.0014 |
| USD/HUF – U.S. Dollar / Hungarian Forint | USDHUF | 337.98 | 0.3453 | 1.9077 | 1.7923 | 0.9468 | -0.7270 | -6.0007 | -14.4372 | -7.6676 | 336.69 | 341.52 | 359.11 | 67.12 | -0.7805 |
| USD/CZK – U.S. Dollar / Czech Koruna | USDCZK | 20.96 | 0.2904 | 1.3581 | 1.2420 | 0.8282 | -0.1476 | -5.7964 | -13.2139 | -9.2503 | 20.88 | 21.12 | 22.21 | 67.51 | -0.0213 |
The current analysis of key FX pairs reveals notable overbought and oversold conditions. USD/TRY exhibits extreme overbought territory with an RSI of 95.78, indicating potential for a corrective pullback; the positive MACD supports bullish momentum. Conversely, USD/ZAR is in bearish territory with an RSI of 40.89 and a negative MACD, suggesting continued weakness. USD/THB, while slightly overbought at an RSI of 73.48, maintains bullish momentum. Other pairs like USD/DKK and USD/PLN are approaching overbought levels, yet their MACD readings indicate mixed signals. Monitoring these indicators will be crucial for identifying potential reversals or continuations in trends.
