Created
: 2025.09.10
- 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
DXY: Bears await inflation prints - OCBC
Breaking news
DXY: Bears await inflation prints - OCBC
2025.09.10 17:48
2025.09.10 17:48
US Dollar (USD) rebounded post-BLS revision in what looked like a 'buy on rumour, sell the fact' trade. DXY was last at 97.82 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Daily momentum is showing a mild bearish bias
"Markets have fully priced in a 25bp cut for September FOMC and nearly 3 cuts for 2025. Focus shifts to PPI today and the CPI on Thursday. Softer inflation print may be needed for markets to consider if a 50bp cut at September FOMC or a deeper Fed cut trajectory may be warranted."
"Daily momentum is showing a mild bearish bias while RSI was flat. 2-way trades intra-day with bias to sell rallies. Resistance at 98.10 levels (21, 50 DMAs), 98.70 (100 DMA) and 99.60 (23.6% fibo retracement of 2025 high to low). Support at 96.40 levels."
Last updated
: 2025.09.10
Related articles
EUR/CAD snaps four-day losing streak ahead of Canadian employment data
24 minutes agoForex Today: US Dollar rally pauses ahead of consumer confidence data
38 minutes agoPound Sterling slides further against US Dollar despite dovish Fed remarks
39 minutes agoECB's Kazaks: ECB rate at 2% is appropriate
47 minutes agoECB's Escriva: Inflation remains contained
56 minutes agoEUR/JPY Price Forecast: Moves below 177.00 with exiting overbought zone
2025.10.10 16:37
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
EUR/CAD snaps four-day losing streak ahead of Canadian employment data
The EUR/CAD pair snaps its four-day losing streak and trades 0.13% higher to near 1.6240 during the European trading session on Friday. The cross gains as the Euro (EUR) outperforms its peers after remaining under pressure this week.
New
2025.10.10 17:37Dow Jones Futures edge up with sentiment frail amid the US shutdown
Dow Jones Index futures are showing minor gains during Friday's European morning session, but remain close to the weekly low on Thursday.
New
2025.10.10 17:25Forex Today: US Dollar rally pauses ahead of consumer confidence data
Here is what you need to know on Friday, October 10:
New
2025.10.10 17:23Pound Sterling slides further against US Dollar despite dovish Fed remarks
The Pound Sterling (GBP) holds onto losses near its two-month low around 1.3280 against the US Dollar (USD) during the European trading session on Friday.
New
2025.10.10 17:22ECB's Kazaks: ECB rate at 2% is appropriate
European Central Bank (ECB) policymaker Martins Kazaks said on Friday that "ECB rate at 2% is appropriate."
New
2025.10.10 17:14ECB's Escriva: Inflation remains contained
European Central Bank Governing Council member Jose Luis Escriva said on Friday, "inflation remains contained."
New
2025.10.10 17:05EUR/JPY Price Forecast: Moves below 177.00 with exiting overbought zone
EUR/JPY loses ground for the second successive session, trading around 176.70 during the European hours on Friday. The technical analysis of the daily chart indicates that short-term price momentum is stronger as the currency cross remains above the nine-day Exponential Moving Average (EMA).
New
2025.10.10 16:37GBP/JPY Price Forecast: On a bearish correction, aiming for 202.40
The Pound dives below 203.00 after rejection at the 205.00 area.
New
2025.10.10 16:29Komeito party leader Saito: We cannot agree with LDP on issues involving money, politics
Komeito party leader Tetsuo Saito said on Friday, "we cannot agree with the Japan's ruling Liberal Democratic Party (LDP) on issues involving money, politics."
New
2025.10.10 16:13Silver Price Forecast: Bullish outlook remains in play near $50.00
Silver price (XAG/USD) jumps to near $49.95 during the early European session on Friday. The white metal attracts some buyers amid the ongoing US government shutdown, uncertainty and the prospect of a US interest rate cut.
New
2025.10.10 15:59Disclaimer:
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
