Created
: 2025.08.13
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
Forex Today: Improving risk mood weighs on US Dollar
Breaking news
Forex Today: Improving risk mood weighs on US Dollar
New
2025.08.13 17:01
2025.08.13 17:01
2025.08.13 17:01
Here is what you need to know on Wednesday, August 13:
The US Dollar (USD) stays under bearish pressure early Wednesday, with the USD Index staying in the red below 98.00 after posting losses on Tuesday. The economic calendar will not offer any high-impact data releases. Hence, investors will pay close attention to comments from Federal Reserve (Fed) policymakers.
US Dollar PRICE This week
The table below shows the percentage change of US Dollar (USD) against listed major currencies this week. US Dollar was the weakest against the British Pound.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.52% | -0.71% | -0.03% | 0.06% | -0.41% | -0.40% | -0.60% | |
| EUR | 0.52% | -0.18% | 0.50% | 0.59% | 0.12% | 0.07% | -0.07% | |
| GBP | 0.71% | 0.18% | 0.64% | 0.78% | 0.30% | 0.26% | 0.12% | |
| JPY | 0.03% | -0.50% | -0.64% | 0.14% | -0.33% | -0.29% | -0.41% | |
| CAD | -0.06% | -0.59% | -0.78% | -0.14% | -0.46% | -0.51% | -0.68% | |
| AUD | 0.41% | -0.12% | -0.30% | 0.33% | 0.46% | -0.04% | -0.18% | |
| NZD | 0.40% | -0.07% | -0.26% | 0.29% | 0.51% | 0.04% | -0.14% | |
| CHF | 0.60% | 0.07% | -0.12% | 0.41% | 0.68% | 0.18% | 0.14% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).
The data published by the US Bureau of Labor Statistics (BLS) showed on Tuesday that annual inflation, as measured by the change in the Consumer Price Index (CPI), held steady at 2.7% in July. On a monthly basis, the CPI and the core CPI rose by 0.2% and 0.3%, respectively, to match analysts' estimates. On a yearly basis, the core CPI increased by 3.1%, at a faster pace than the 2.9% rise recorded in June. These figures eased fears over tariffs feeding into inflation and boosted expectations for a dovish Fed outlook in the last quarter of the year.
The USD weakened against its rivals with the immediate reaction to the July inflation data and found it difficult to hold its ground later in the day as risk flows dominated the action in financial markets. Wall Street's main indexes started the day on a bullish note and gained more than 1% on a daily basis. The S&P 500 and the Nasdaq Composite indexes both notched record highs. Early Wednesday, US stock index futures trade modestly higher.
EUR/USD gained about 0.5% on Tuesday and continued to stretch higher early Wednesday. At the time of press, the pair was trading in positive territory slightly above 1.1700.
GBP/USD preserves its bullish momentum in the European morning on Wednesday and trades at its highest level in three weeks near 1.3550 after rising 0.5% on Tuesday. The UK's Office for National Statistics will publish the second-quarter Gross Domestic Product data on Thursday.
Following a two-day advance, USD/JPY reversed its direction and registered small losses on Tuesday. The pair stays on the back foot and fluctuates at around 146.50 on Wednesday.
AUD/USD builds on Tuesday's gains and trades at a fresh multi-week high near 0.6550. In the Asian session on Thursday, employment data from Australia will be watched closely by market participants.
After suffering large losses on Monday, Gold found support on Tuesday and ended the day virtually unchanged. XAU/USD struggles to attract buyers in the risk-positive market atmosphere and trades in a narrow range above $3,350.
Risk sentiment FAQs
In the world of financial jargon the two widely used terms "risk-on" and "risk off'' refer to the level of risk that investors are willing to stomach during the period referenced. In a "risk-on" market, investors are optimistic about the future and more willing to buy risky assets. In a "risk-off" market investors start to 'play it safe' because they are worried about the future, and therefore buy less risky assets that are more certain of bringing a return, even if it is relatively modest.
Typically, during periods of "risk-on", stock markets will rise, most commodities - except Gold - will also gain in value, since they benefit from a positive growth outlook. The currencies of nations that are heavy commodity exporters strengthen because of increased demand, and Cryptocurrencies rise. In a "risk-off" market, Bonds go up - especially major government Bonds - Gold shines, and safe-haven currencies such as the Japanese Yen, Swiss Franc and US Dollar all benefit.
The Australian Dollar (AUD), the Canadian Dollar (CAD), the New Zealand Dollar (NZD) and minor FX like the Ruble (RUB) and the South African Rand (ZAR), all tend to rise in markets that are "risk-on". This is because the economies of these currencies are heavily reliant on commodity exports for growth, and commodities tend to rise in price during risk-on periods. This is because investors foresee greater demand for raw materials in the future due to heightened economic activity.
The major currencies that tend to rise during periods of "risk-off" are the US Dollar (USD), the Japanese Yen (JPY) and the Swiss Franc (CHF). The US Dollar, because it is the world's reserve currency, and because in times of crisis investors buy US government debt, which is seen as safe because the largest economy in the world is unlikely to default. The Yen, from increased demand for Japanese government bonds, because a high proportion are held by domestic investors who are unlikely to dump them - even in a crisis. The Swiss Franc, because strict Swiss banking laws offer investors enhanced capital protection.
Last updated
: 2025.08.13
Related articles
Australia unemployment rate expected to edge lower in July, improving to 4.2%
56 minutes agoCanadian Dollar churns the waters near key averages
2025.08.14 06:14EUR/USD hits two-week high as Fed dovish bets surge on Bessent remarks
2025.08.14 06:04Forex Today: Attention remains on US inflation, UK GDP and the jobs report in Australia
2025.08.14 03:56AUD/USD eases as traders eye Australian jobs data, US PPI
2025.08.14 03:51Fed's Bostic warns that tariffs may cause some structural changes
2025.08.14 03:13
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
Australia unemployment rate expected to edge lower in July, improving to 4.2%
Australia will release its July monthly employment report on Thursday at 1:30 GMT, following the Reserve Bank of Australia (RBA) decision to trim the Official Cash Rate (OCR) by 25 basis points (bps) to 3.6%.
New
2025.08.14 06:30Canadian Dollar churns the waters near key averages
The Canadian Dollar (CAD) spun in a tight circle for the second day in a row on Wednesday as Loonie traders look for signs to move in either direction. The US Dollar (USD) weakened slightly, but a lack of CAD momentum kept the USD/CAD pair trapped near 1.3770.
New
2025.08.14 06:14EUR/USD hits two-week high as Fed dovish bets surge on Bessent remarks
EUR/USD surges on Wednesday, hitting a two-week high at around 1.1730 as the US Dollar (USD) gets battered, sponsored by traders speculating that the Federal Reserve (Fed) might turn dovish following remarks by US Treasury Secretary Scott Bessent.
New
2025.08.14 06:04Forex Today: Attention remains on US inflation, UK GDP and the jobs report in Australia
The US Dollar (USD) intensified its weakness on Wednesday, receding to two-week lows as investors continued to price in further rate cuts by the Fed, while steady jitters surrounding the Fed's independence also weighed on sentiment.
New
2025.08.14 03:56AUD/USD eases as traders eye Australian jobs data, US PPI
The Australian Dollar (AUD) is paring back part of its intraday advance against the US Dollar (USD) on Wednesday, with the AUD/USD pair retreating from session highs near 0.6562 to trade around 0.6540 during the American session.
New
2025.08.14 03:51Dow Jones Industrial Average extends gains on renewed Fed rate cut hopes
The Dow Jones Industrial Average (DJIA) rose on Wednesday as investors pushed equities into a second straight day of decisive gains.
New
2025.08.14 03:34Gold rises as Fed rate-cut bets grow and geopolitical talks intensify
Gold price climbs during the North American session on Wednesday, up by 0.30% as investors continue to increase their bets that the Federal Reserve (Fed) will reduce interest rates at the September meeting. At the time of writing, XAU/USD trades at $3,357, above a key technical support level.
New
2025.08.14 03:30Fed's Bostic warns that tariffs may cause some structural changes
Federal Reserve (Fed) Bank of Atlanta President Raphael Bostic took a general measure of the US economy's health, noting a general weakening in the latest round of labor data, and also noted that certain segments are struggling under the weight of tariffs more than others.
New
2025.08.14 03:13Fed's Goolsbee: Fed independence crucial, tariffs pose stagflationary risks
Chicago Fed President Austan Goolsbee crossed the wires and said that economists are unanimous that the Federal Reserve (Fed) must be independent from political interference.
New
2025.08.14 02:36US President Trump: Fed rates should be at 1%, second Putin meeting uncertain
United States (US) President Donald Trump delivered his latest thoughts on his efforts to be the primary peace deal broker between Russia and Ukraine on Wednesday, and dipped back into the Federal Reserve (Fed) pool of usual statements to reiterate his own estimations of where interest rates should
New
2025.08.14 01:47Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
