Will the U.S. be watching price movements at the start of the month while markets are closed?

Will the U.S. be watching price movements at the start of the month while markets are closed?

01.09.2025

Last weekend, the Canadian dollar rose against the yen. The CAD/JPY pair climbed from 106.751 to 107.116. The 75-period moving average on the hourly chart acted as a support level and turned upward. On the 4-hour chart, the pair is currently attempting to break above the resistance line formed by the 200-period exponential moving average, while on the daily chart, it continues to trade above the 20-period moving average near the RSI 50 level.

European currencies saw the euro rise slightly against the yen after the August Harmonized Index of Consumer Prices (HICP) for the eurozone, released on August 29, showed a year-over-year increase of 2.1%, up from 1.8% the previous month.The euro rose against the dollar from 1.1650 to 1.1708. It rebounded after finding support at the 200-period EMA on the hourly chart. On the 4-hour chart, the price has bounced back after touching the 20-period MA, and the daily chart is showing a similar rebound from the 20-period MA.

Today’s schedule includes New Zealand housing permits at 7:45, Japan’s Q2 capital expenditure at 8:50, Australia’s housing permits at 10:30, the UK’s Nationwide house prices at 15:00, and Switzerland’s retail sales at 15:30,at 4:30 PM Swiss Manufacturing PMI, at 4:50 PM French Manufacturing PMI, at 4:55 PM German Manufacturing PMI, at 5:00 PM Eurozone Manufacturing PMI, at 5:30 PM UK Consumer Credit, UK Money Supply, and UK Manufacturing PMI, and at 6:00 PM Eurozone Employment Statistics. Please note that U.S. markets are closed today due to a holiday.We will be closely monitoring price movements at the start of the month while U.S. markets are closed.

Past Market Reports

1. 17.04.2026New

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

2. 16.04.2026New

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

3. 15.04.2026New

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

4. 14.04.2026New

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

5. 13.04.2026New

   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

6. 10.04.2026

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

7. 09.04.2026

   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?

8. 08.04.2026

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

9. 07.04.2026

   Market participants may be wary of further downside potential for the U.S. dollar, which has weakened amid concerns over the situation in Iran

10. 06.04.2026

    Investors should be wary of sudden spikes in volatility while major markets are closed