📊 Forex Outlook – Oct 9, 2025 📊
💶 EUR/USD 🚀 holding firm near 1.2010. A breakout above 1.2050–1.2070 🔥 could accelerate gains toward 1.21, while support sits at 1.1960.
💴 USD/JPY ⚖️ steady at 148.80. Resistance at 149.00 🎯 remains key — traders cautious ahead of US CPI; rejection could pull back to 147.80.
🇬🇧 GBP/USD 📈 hovering near 1.4050, maintaining bullish tone ahead of UK GDP & US inflation data 🏦. Upside target 1.41 📈.
💵 DXY (Dollar Index) 💧 remains soft as Fed cut bets 🏦 linger. US CPI tomorrow = the big test for dollar sentiment 🔥.
⚡ Key Events Thursday (Oct 9):
•🇬🇧 UK GDP Estimate 📊
•🇪🇺 ECB Meeting Minutes 🏦
•🇺🇸 US Jobless Claims & Wholesale Inventories 👷♂️
•📰 Market positioning ahead of Friday’s CPI
🔍 Trader’s Take: Thursday = calm before the storm 🌪️. Expect tight ranges early but possible volatility surge ⚡ into the NY session as traders front-run CPI.
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