Soft US Jobs Data Weighs on USD, China Trade Figures Eyed

Welcome to our daily market update, where we help keep you informed on the latest happenings in the world of FX. If you have any questions or would like anything further explained, please don’t hesitate to reach out to your account manager or email info@cafx.com

 

Forex Market 

USD: Weakness After Soft Jobs Data
The USD fell across the board after a second straight weak U.S. employment report. AUD/USD traded in a 0.6515–0.65885 range, ending the week at 0.6555. NZD/USD rose to 0.5917, EUR/USD hit 1.1759, GBP/USD touched 1.3554, and USD/JPY slipped below 147.00 before recovering.
AUD: Steady With Risk-On Sentiment
AUD/USD rebounded off 0.6515 lows in Asia and extended gains to 0.65885 amid broad USD softness. Strong performance in local equities also supported risk sentiment. Buying interest remains above 0.6500, while resistance appears ahead of 0.6600.

Key Economic Data Ahead (Sydney Time)

 

General Market

Wall Street

A weak U.S. jobs report weighed on equities with the Dow Jones -0.5%, S&P 500 -0.3%, and Nasdaq flat. U.S. 10-year yields fell sharply, down 9bps to 4.07%, and Brent Crude slid 2.3% to $65.60/bbl.

Asia-Pacific
Asian markets rose strongly: Shenzhen +2.2%, Hang Seng +1.4%, Nikkei +1%, and ASX 200 +0.5%. Real estate and consumer discretionary sectors led the gains in Australia.

Europe
European equities ended mixed: FTSE +0.2%, DAX +0.1%, CAC -0.1%, Stoxx flat. Gilts eased to 4.70%, and Brent hovered near $66.88.

 

Headlines to Watch

    • China Trade Data – August exports, imports and trade surplus due
    • Germany Industrial Production (Jul) – Key gauge of EU manufacturing activity
    • USD Sentiment – Labor data continues to shape USD direction
    • Fed Rhetoric – WSJ report hints at tension over monetary policy direction

 

Mid-market rates

Currency PairMid-market Rate
AUD/USD0.6556
AUD/NZD1.1118
AUD/JPY97.12
AUD/CNY4.6678
AUD/EUR0.5611
AUD/GBP0.4857
AUD/HKD5.1107

 

Disclaimer:

The market update provided by Corporate Alliance FX (CAFX) is for reference only and does not constitute a bid, levy, offer or invitation to offer for the financial product, the basis for any contract or commitment, a recommendation for the purchase or sale of any investment instruments, financial, legal, tax, investment advice, investment advice or other opinions. It will not be legally liable for any consequences or losses caused by the information or content involved.
Corporate Alliance Group Pty Ltd T/A Corporate Alliance FX (CAFX) (ABN 58 167 119 226, AFSL 523351) (i.e. CAFX), CAFX independently holds the Australian Financial Services licence no. 523351 (AFSL), so CAFX is regulated by the Australian Securities and Investment Commission (ASIC) and, and although ASIC is a strictly regulatory body, it does not endorse a specific financial product. ASIC’s regulation of CAFX applies to all services under the financial licence held by CAFX, including the issuance of foreign exchange settlement, foreign exchange payments, foreign exchange risk control, hedging, market making and providing financial advice.3

Facebook
LinkedIn

Corporate Alliance Group Pty Ltd (ABN: 58 167 119 226) trading as Corporate Alliance FX (“CAFX”) holds an Australian Financial Services License (AFSL No: 523351) issued by the Australian Securities and Investments Commission, and is registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC) as an independent remittance dealer (Registration No – IND100697688-001).

Corporate Alliance Payments Pty Ltd (ABN: 66 650 245 382) trading as CAPAY is an ASIC AR 001295931 of Corporate Alliance Group Pty Ltd (ABN 58 167 119 226), and is registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC) as a remittance dealer (Registration No IND100792739-001), and a Remittance Network Provider (RNP) (Registration No. RNP100792739-001).

Corporate Alliance Pty Ltd (ABN: 51 644 169 148) trading as Corporate Alliance Finance (“CAFIN”) is an ASIC AR 001297733 of Corporate Alliance Group Pty Ltd (ABN 58 167 119 226), which holds an Australian Financial Services Licence issued by the Australian Securities and Investments Commission (AFSL No: 523351).

DISCLAIMER:  The information contained on this website and in any accompanying documents or communications is provided for general information purposes only. It is not intended as a solicitation for funds, nor should it be considered a recommendation or advice to trade.  The contents do not consider your personal objectives, financial situation, or individual needs. You should seek independent financial advice before making any investment or trading decisions.

Corporate Alliance Group, along with its associated or related entities, accepts no liability for any loss or damage—whether direct, indirect, consequential, or otherwise—arising from any action taken or not taken based on the information provided on or through this website.

©2025. Corporate Alliance Group. All Rights Reserved.

Security & Regulation
Legal & Compliance
Privacy Policy
Support SLA