AUD/USD meets support near 0.7020 ahead of key jobs data

AUD/USD meets support near 0.7020 ahead of key jobs data

AUD/USD’s decline has gathered extra pace on Wednesday, with the pair slipping back to levels last seen in early August in the low 0.7000s. The continuation of the bearish tone in the pair has come on the back of the strong upward trend in the Greenback, underpinned by rising bets for extra tightening by the Fed. Moving forward, the jobs report will gather all the attention on the domestic calendar.

EUR/USD meets initial support around 1.1370

EUR/USD meets initial support around 1.1370

EUR/USD has clinched its third consecutive daily retracement on Wednesday, this time reaching new multi-week lows near 1.1370. The US Dollar’s robust performance has weighed on the risk complex in tandem with a sharp rebound in global yields and rising speculation of extra rate hikes by the Fed. Next on tap in Europe will be the release of Germany’s IFO Business Climate.

Gold falls to weekly troughs below $4,300

Gold falls to weekly troughs below $4,300

Gold rapidly leaves behind two daily upticks in a row and comes under heightened downside pressure midweek. Indeed, the precious metal breaches below the $4,300 mark per troy ounce to reach weekly lows amid the marked recovery in the US Dollar and the generalised upbeat tone in the US money market.

Australia unemployment rate expected to remain unchanged at 4.5% in August

Australia unemployment rate expected to remain unchanged at 4.5% in August

Australia will release the August monthly employment report on Thursday at 01:30 GMT. Ahead of the announcement, analysts expect the country to have added 20K new jobs in the month, while the Unemployment Rate is expected to remain steady at 4.5%. The Australian Bureau of Statistics (ABS) report is also expected to show that the Participation Rate stood at 66.9%, unchanged from the previous month.

LATEST NEWS

More Latest News

DEEPER DIVE

BoJ Recap: Not as hawkish as expected

BoJ Recap: Not as hawkish as expected

The Bank of Japan (BoJ) raised its short-term interest-rate target to 1.25% from 1.00% in a 7-2 vote, marking another step in the normalisation of monetary policy and widely matching what everyone has been expecting for weeks.

Fed recap: One hike down, more to come? The Fed’s new rate path says yes

Fed recap: One hike down, more to come? The Fed’s new rate path says yes

The Federal Reserve (Fed) raised its Fed Fund Target Range (FFTR) range by 25 basis points to 3.75%-4.00% in a unanimous decision, saying the move would support a timelier return to its 2% inflation goal.

Trump meets Xi: Why markets are watching this summit so closely

Trump meets Xi: Why markets are watching this summit so closely

United States (US) President Donald Trump and Chinese President Xi Jinping are set to meet in Washington on Thursday for a summit closely watched by markets.

CRYPTOCURRENCIES

XRP bulls retain control as whale demand breaks out

XRP bulls retain control as whale demand breaks out

Ripple (XRP) ticks higher on Wednesday and trades near $1.60, aligning with the broader crypto market’s bullish outlook. The token builds on a strong technical outlook, reinforced by uptrending moving averages and key momentum indicators.

NEAR partners with Ondo to bring tokenized US stocks, ETFs with confidential execution

NEAR partners with Ondo to bring tokenized US stocks, ETFs with confidential execution

Near Protocol announced a partnership with Ondo to bring tokenized US stocks and ETFs into one confidential account. The launch reflects NEAR Protocol’s focus on privacy as US regulators are making room for on-chain trading and purpose-built crypto market infrastructure.

Crypto Today: Bitcoin and Ethereum consolidate gains as XRP extends breakout

Crypto Today: Bitcoin and Ethereum consolidate gains as XRP extends breakout

Bitcoin is moderating on Wednesday, trading near $86,000 as the crypto market broadly consolidates. Ethereum mirrors BTC’s stable outlook, holding above $2,700. Ripple (XRP), meanwhile, edges higher for the sixth consecutive day.

STOCKS

AMD investors cash in on Tuesday after joining $1 trillion stock club

AMD investors cash in on Tuesday after joining $1 trillion stock club

Advanced Micro Devices (AMD) has become the latest stock to reach the $1 trillion club. On Monday, shares of the semiconductor company surged as much as 10% to reach an all-time high of $615.99. On Tuesday, the stock has shed more than 1% as investors test whether AMD can retain this threshold. AMD is not the only semiconductor stock in rally mode either.
Nasdaq 100 rebound looks strong… or is it just a trap?

Nasdaq 100 rebound looks strong… or is it just a trap?

The Nasdaq 100 spent the past few sessions recovering strongly from its November lows, rebounding from 24,307 and climbing back into the 25,100–25,150 mid-range zone. While the candles look convincing, the broader picture reveals a different story: the index remains trapped inside a 4H range structure.


WEEKLY FORECAST

US Dollar surges post-Fed, uncertainty remains

US Dollar surges post-Fed, uncertainty remains

The EUR/USD pair closed the week below 1.1500, not far above a fresh multi-week low of 1.1454. The US Dollar (USD) rallied following the Federal Reserve’s (Fed) monetary policy announcement, the sole market catalyst this past week.
BoJ Recap: Not as hawkish as expected

BoJ Recap: Not as hawkish as expected

The Bank of Japan (BoJ) raised its short-term interest-rate target to 1.25% from 1.00% in a 7-2 vote, marking another step in the normalisation of monetary policy and widely matching what everyone has been expecting for weeks.
Gold: Bulls regain control; the next leg higher remains uncertain

Gold: Bulls regain control; the next leg higher remains uncertain

The precious metal started the week in quite a bearish mood, further extending the almost uninterrupted leg lower after August tops near the $4,700 mark per troy ounce. However, market sentiment made a U-turn in the second half of the week. It was not the Federal Reserve (Fed), reignited geopolitical tensions, the US Dollar (USD) or Treasury yields.
Bitcoin: BTC shrugs off CLARITY Act setback and hawkish Fed

Bitcoin: BTC shrugs off CLARITY Act setback and hawkish Fed

Bitcoin (BTC) price action has remained resilient this week, trading above $78,000 at the time of writing on Friday, heading toward a key resistance zone. Institutional demand shows early signs of weakness, with spot Exchange Traded Funds (ETFs) on track for a second straight week of outflows, with over $420 million recorded through Thursday amid escalating Middle East tensions.
Forecasting the upcoming week: Trump, Xi, oil, tariffs and PMIs

Forecasting the upcoming week: Trump, Xi, oil, tariffs and PMIs

A very positive week saw the US Dollar (USD) climb to new seven-week tops, mostly backed by the hawkish tilt at the FOMC event on Wednesday while unabated strength in Crude Oil prices have also underpinned the move during the first half of the week.
Week ahead – Hawkish Fed sets the tone for flash PMIs, SNB decides on policy

Week ahead – Hawkish Fed sets the tone for flash PMIs, SNB decides on policy

Fed’s hawkish hike adds fuel to Dollar’s engines. US, Eurozone and UK flash PMIs to test inflation and growth outlooks. SNB set to stand pat amid low inflation and still-strong Franc. Trump–Xi talks could impact Aussie, Kiwi and risk sentiment.



EDUCATION

How economic uncertainty changes bullion buying patterns across generations

How economic uncertainty changes bullion buying patterns across generations

When the economy becomes uncertain, investors react differently depending on their goals and circumstances. But, generally, periods of high inflation, market volatility, or geopolitical tension push investors to look beyond traditional assets for ways to diversify and manage uncertainty.

You’re watching pre-market levels wrong [Video]

You’re watching pre-market levels wrong [Video]

If you trade NQ, you’ve probably been told to watch the pre-market high and pre-market low. That part is easy. The harder question is: what are you actually supposed to do when price gets there? Most traders react too quickly, and that’s usually where the trouble starts.

PRESS RELEASES

PU Prime deepens Argentina presence through FX Expo Buenos Aires 2026

PU Prime deepens Argentina presence through FX Expo Buenos Aires 2026

PU Prime strengthened its engagement with Argentina’s financial sector through its participation in FX Expo Buenos Aires 2026, held on September 17–18 at Golden Center Eventos.

STARTRADER expands its Chinese equity CFD range with CXMT and Unitree Robotics

STARTRADER expands its Chinese equity CFD range with CXMT and Unitree Robotics

Available from September 21, 2026, the two new 24/7 CFD instruments reference a DRAM memory chip manufacturer and a humanoid robotics company, both listed on the Shanghai Stock Exchange.

TradingPRO is now regulated in Indonesia: Here’s what it means

TradingPRO is now regulated in Indonesia: Here’s what it means

After more than a decade of serving traders globally, TradingPRO has secured its BAPPEBTI licence in Indonesia — a move that signals not just regulatory compliance, but a long-term, ground-level commitment to one of Southeast Asia's most active trading markets. 

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