Daily Market Analysis By zForex

[zForex]

Shutdown Fears Continue with a Softer Dollar (10.01.2025)

The euro climbed to $1.1740 after stronger inflation data from the Eurozone’s largest economies suggested delayed ECB easing, while the yen held near 148 per dollar despite U.S. tariff concerns.

Gold traded close to record highs at $3,870, supported by safe-haven demand amid U.S. government shutdown risks, while silver hovered near $47 as Fed cut bets strengthened following solid U.S. labor data. Sterling advanced toward $1.3440 on stronger UK growth, extending its three-day rally as the dollar softened.

Technical Outlook on Charts
Euro Rises to $1.1740 on Strong Inflation Data
Yen Holds Gains Despite U.S. Tariff Concerns
Gold Near Record as Shutdown Risks Lift Demand
Stronger UK Growth Lifts Pound to 1.3440
Silver Holds Near $47 on Fed Cut Bets

 

[zForex]

Dollar Weakens on Jobs Miss and Shutdown (10.02.2025)

The euro held firm near $1.1735 after weaker U.S. jobs data and ongoing government shutdown pressures weighed on the dollar. The yen steadied around 147 per dollar following a four-day rally, while speculation about future BOJ tightening kept investors cautious.

Gold hovered close to record highs above $3,870Ü as safe-haven demand persisted, and silver traded near $47.20 amid expectations of another global supply deficit. Sterling extended its rally above $1.3470, supported by steady BoE policy and a softer U.S. dollar.

Technical Outlook on Charts
Euro Holds Firm as U.S. Jobs Miss and Shutdown
USD/JPY Steady After Four-Day Yen Rally Amid Political Impasse
Gold Steadies Close to Record Highs
Sterling Supported by Steady BoE Policy
Silver Holds Near $47.20 as Supply Deficit Looms

 

[zForex]

Markets React to Shutdown and Fed Cut Bets (10.06.2025)

Global markets opened the week cautiously as the prolonged U.S. government shutdown entered its second week, weighing on sentiment and driving safe-haven demand.

The euro held near $1.17 as traders priced in further Federal Reserve rate cuts, while the yen weakened after Japan’s leadership shift revived stimulus expectations. Gold surged past $3,930 to a record high, while silver jumped to levels unseen since 2011. The pound edged lower as the dollar regained strength, though Fed easing expectations limited further losses.

Technical Outlook on Charts
Euro Steady as U.S. Shutdown Extends
Yen Nears 150 After Pro-Stimulus Leadership Win
Gold Breaks $3,900 as Traders Flock to Safety
GBP/USD Opens Lower on Firm Dollar
Silver Surges to 2011 Levels as Fed Cut Bets Rise

 

[zForex]

Markets Shift on Political Upheaval and Fed Cut Bets (10.07.2025)

The euro fell to around $1.1705 after French Prime Minister Sébastien Lecornu and his cabinet abruptly resigned, sparking renewed political uncertainty in Europe.

Meanwhile, the yen weakened toward 150.5 per dollar as Japan’s new pro-stimulus leader Sanae Takaichi took office, reinforcing expectations of looser fiscal policy. Gold approached record highs near $3,970 on safe-haven demand amid global unrest and U.S. rate-cut expectations, while silver surged to its highest level since 2011 above $48.3 per ounce. The pound edged lower to $1.3470 as investors weighed persistent U.K. inflation and cautious BoE signals.

Technical Outlook on Charts
Euro Falls After French PM Resigns
JPY Falls as Pro-Stimulus Leader Takes Office
Gold Nears Record on Fed Cut Bets and Global Unrest
GBP/USD Pulls Back, Supported by BoE’s Inflation Caution
Shutdown Uncertainty Lifts Silver