U.S. Dollar Rebounds From Session Lows Despite Weak Non Farm Payrolls Data: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY
The American currency moved away from session lows as traders bought the dip.
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The American currency moved away from session lows as traders bought the dip.

DXY holds above 101.76 as higher Treasury yields support the dollar, while EUR/USD and GBP/USD attempt recoveries ahead of September NFP.

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EURUSD HTF Outlook — Corrective Rally Into Premium, Fed/ECB Risk Ahead EURUSD is trading inside a major HTF decision zone after rejecting the upper side of its multi-year ascending channel. The broader 2022–2026 structure is still not fully bearish because price remains inside the macro ascending channel. However, the latest rejection from the 1.2000–1.2080 region changed the short-to-medium-term behavior. The move down from 1.2083 to 1.1411 was impulsive, while the current recovery looks …

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Gold failed to rally on bullish news, and that is the key information from this week.

The American currency is moving higher as economic reports highlight the strength of the economy.

The 10-year U.S. Treasury yield briefly reached 5.34%, its highest level since 2002, before retreating a bit.

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A favorable surprise against forecasts does not necessarily mean inflation slowed on every measure.

The American currency gains ground as traders focus on the strength of the U.S. economy.

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Fed hike bets ease ahead of PCE, but elevated Treasury yields support DXY as EUR/USD and GBP/USD remain under pressure.