Should we be wary of the falling U.S. dollar continuing its downward trend?

Should we be wary of the falling U.S. dollar continuing its downward trend?

25.08.2022

In the previous day’s U.S. currency markets, the Dollar Index fell slightly to 108.2, while the euro rose by just over 80 pips against the dollar, from 0.9909 to 0.9999.Yesterday’s U.S. July existing home sales index improved to -1.0% from the previous reading of -8.6%, but July durable goods orders fell from 2.0% to 0.0%, which weighed on the U.S. dollar.

European currencies are facing resistance, with the pound coming under pressure; the GBP/AUD pair fell slightly from 1.7118 to 1.7047. During today’s Asian session, the decline accelerated, dropping to 1.6994—a level matching this year’s low. Since the pair is currently trending downward along the 20-day moving average on the daily chart, we will be closely monitoring whether it continues to slide and breaks below this year’s low.

Today, at 3:00 PM, Germany’s Q2 GDP; at 4:00 PM, Turkey’s Economic Sentiment Index and Capacity Utilization Rate; at 5:00 PM, Germany’s IFO Business Climate Index; at 7:00 PM, the UK’sCBI Retail Trade Survey, at 8:30 PM the ECB Meeting Minutes will be released, at 9:30 PM U.S. Initial Jobless Claims, U.S. Q2 GDP, and U.S. Core PCE Deflator, at midnight the Kansas City Fed Manufacturing Activity Index, and at 2:00 AM the U.S. 7-Year Treasury Auction are scheduled.We will carefully assess whether the US dollar, which is currently trending lower, will continue its downward movement.

Past Market Reports

1. 22.04.2026New

   Will interest grow in the upside potential of the Swiss franc, which has risen against the yen?

2. 21.04.2026New

   With the euro-Australian dollar pair hitting new lows this month, attention is turning to how much further it might fall

3. 20.04.2026New

   Will the market wait and see how much further the U.S. dollar can rise against the yen?

4. 17.04.2026New

   Will the weakening Swiss franc recover? Attention is turning to price movements during European trading hours.

5. 16.04.2026New

   Market participants are likely keeping a close eye on the upside potential of the euro, which has risen against the U.S. dollar

6. 15.04.2026

   Should we keep an eye on remarks by key figures in the U.S. and try to gauge the direction of currency strength?

7. 14.04.2026

   Market participants are likely watching for signs of a rebound in the Canadian dollar, which fell against the U.S. dollar following the release of employment figures

8. 13.04.2026

   Will the weakening Swiss franc continue to strengthen against the yen, or should we wait and see?

9. 10.04.2026

   Will the U.S. dollar, which has fallen against the yen, continue its downward slide, or should we wait and see how the market moves?

10. 09.04.2026

    Should we keep an eye on the upside for European currencies that have risen against the U.S. dollar?