Economic news

Technical overview remains bullish in both daily and weekly time frames, and trader bias remains heavy to extreme buy.

It has yet to undo its current bullish technical overview, but in sentiment there’s been an increase in sell bias among CoT speculators.

Recent record high as kept its technicals bullish in both time frames, but on the CoT sentiment front there’s been a notable increase in net short bias.

EUR/USD is trading at 1.17648 as of 10:26 UTC on 9 September 2025, holding near the upper end of its intraday range of 1.1706-1.1779 amid broad-based US dollar weakness.

Another milestone for the tech-heavy index helps keep the technical overview bullish, but in sentiment it’s a story of opposing bias when it comes to CoT speculators and Capital.com’s clients.

It has been a story of relative calm and slight positive technical bias ahead of the fundamental events, with CoT speculators net long while Capital.com clients shift to the middle.

Explore the UK interest rate forecast with third‑party predictions, trends, and a five‑year outlook for projected UK interest rates.

The technical overview remains unchanged in both daily and weekly time frames, while in sentiment CoT speculators raised their net sell bias.

Interest rates rose from under 1% to over 4% over the past five years—the sharpest spike since the late 1970s. Back then, this spike triggered the double-dip recession, bringing two downturns within three years.

The technical overview remains volatile given the uptick in intraday price action combined with record highs, while in sentiment still a story of majority long bias among both clients and institutional traders.