Forex Market Snapshot - Sep 28, 2025

The U.S. Dollar Index (DXYNYB) registered a decline of 0.38% to 98.1800 in today's foreign exchange market, influencing various currency pairs. This downward movement in the dollar contributed to gains for several major currencies against the greenback.

 

The euro saw a modest appreciation, with EUR/USD up 0.07% at 1.1708, while GBP/USD also edged higher by 0.03% to 1.3402. The Australian dollar and New Zealand dollar similarly strengthened against the USD, with AUD/USD gaining 0.07% to 0.6549 and NZD/USD rising 0.03% to 0.5769. Conversely, USD/CHF posted a minor gain of 0.02% to 0.7975. Among Asian currencies, the U.S. dollar weakened against the Chinese Yuan, Hong Kong Dollar, Singapore Dollar, Korean Won, and Thai Baht, with USD/SGD notably down 0.14% to 1.2918. However, USD/MYR showed an increase of 0.14% to 4.2190.

 

Precious metals demonstrated strong performance. Silver (XAGUSD) led the gains with a significant rise of 1.89% to 46.0150, indicating robust demand. Gold (XAUUSD) also advanced, increasing by 0.28% to 3759.8550. These movements often reflect shifts in risk sentiment or inflation expectations.

 

Cross-currency pairs also showed activity, with SGD/MYR up 0.34% to 3.2680, marking the strongest currency pair gain. EUR/JPY saw a minor increase of 0.03% to 174.9590, and GBP/JPY climbed 0.25% to 200.2680.