USD

US dollar nears the lowest since 2022 as the Fed prepares to cut rates

• The two-day FOMC meeting started today

Japan JERA in advanced talks to buy USD $1.7B worth of US Natural gas production assets

USDCHF stretches to 2025 lows. Finds buyers on the first test.

• A break below takes the USDCHF to its lowest level going back to 2011.

USDJPY tests the low of a swing area at 146.547

• A move below would have traders targeting the low from August at 14.206 and then the 100 day MA at 146.146.

US business inventories for July 0.2% versus 0.2% expected

• US business inventories for July 2025

NAHB housing market index for September 32 versus 33 estimate

• NAHB housing market index for September

Trump: Speaking before heading to UK for state dinner.

US August industrial production +0.1% vs -0.1% expected

• US industrial production for August 2025

The USD moved higher after the retail sales but reversed back down. Focus on the Fed.

• What are the technicals driving the EURUSD, USDCHF and USDCAD after the US retail sales report? I will outline the bias, the targets and the risk levels for traders in the video.

US retail sales for August 0.6% versus 0.2% estimate

• US retail sales data for the month of August 2025

US import prices for August +0.3% vs -0.1% expected

• US import and export prices for the month of August 2025

The USD is lower to start the US session with declines vs the EUR and CHF leading

• In the video, I take a look at the 3 major currencies - the EURUSD, USDJPY and GBPUSD - from a technical perspective.

US Bessent: If Trump thought inflation was a problem, he'd be willing to have rate hikes

• Comments from the US Treasury Secretary, Scott Bessent to CNBC

USDCHF drops into a key level near the 0.79 handle amid dollar weakness. What's next?

• The US dollar weakness persists as the lack of catalysts keeps the dovish positioning into the FOMC decision intact

Dollar on the backfoot as we get European trading underway

• No reprieve for the dollar as traders continue to bank on a more dovish Fed going into tomorrow