Top Weekly News — September 19, 2025

Weekly Market Outlook (September 15 – 19, 2025)

1. Forex – U.S. Dollar and Major Currencies

• U.S. Dollar Index (DXY): The dollar rebounded toward the end of the week following the Federal Reserve’s 25-basis-point rate cut.
• EUR/USD: The pair retreated from near 1.1920 to 1.1760 after stronger-than-expected U.S. labor market data.
• GBP/USD: Remained range-bound with limited reaction to the Bank of England meeting.

2. Gold (XAU/USD)

Gold extended its rally, trading around $3,680–$3,685 per ounce.

• Support: $3,600 – $3,560
• Resistance: Around $3,700
• Key drivers: Expectations of further U.S. rate cuts, weaker real yields, and ongoing economic uncertainty.

3. Oil (Brent / WTI)

Oil prices fluctuated within a narrow range.

• Brent: Hovered around $67–$68 per barrel.
• WTI: Traded near $63–$64 per barrel.
• Market factors: Concerns over weaker U.S. demand, rising inventories, and renewed geopolitical risks after attacks on Russian facilities.
• The market remained caught between oversupply pressure and geopolitical support.

4. Technical and Trading Overview

• Gold: Recorded its fifth consecutive weekly gain.
• Dollar Index: Consolidating between resistance at 98.60 and support at 97.70.
• Euro and Pound: Facing mild corrective movements.
• Market Focus: Investors await upcoming U.S. inflation data and the next monetary policy signals from the Federal Reserve.