USD
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United States Dollar Index (DXY) Price Forecast: Bulls have the upper hand above 99.50
DXY struggles to capitalize on the overnight bounce from the vicinity of the weekly low. Fed rate hike bets and…
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Japanese Yen moves little after reaching six-week lows
USD/JPY flatlines near a six-week high of 160.56 following suspected foreign-exchange intervention by Japanese authorities. Finance Minister Satsuki Katayama stated…
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Swiss Franc strengthens as US Dollar struggles despite increased risk aversion
USD/CHF may rebound as the US Dollar may regain ground on safe-haven demand from ongoing Middle East conflicts.Israel’s Home Front…
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Indian Rupee flattens while flaring US-Iran tensions dampen outlook
The Indian Rupee trades calmly at open against the US Dollar; however, the outlook has become uncertain. The exchange of…
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Japanese Yen languishes despite wholesale inflation accelerates in May
USD/JPY steadies as the Japanese Yen receives no support after May wholesale inflation rose to a three-year high of 6.3%.…
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USD/CNH Price Forecast: More downside likely below 6.7500
USD/CNH trades marginally lower to near 6.7750 as the US Dollar edges down. China’s CPI remains steady at 1.2% YoY…
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British Pound gains ground to near 1.3400 ahead of US CPI release
GBP/USD gains traction to near 1.3390 in Wednesday’s early European session. Iranian officials warned Gulf states have a “legal and…
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Offshore Yuan Remains Firm
The offshore yuan firmed to around 6.77 per dollar on Wednesday as investors assessed the latest inflation data and their…
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South Korean Won Extends Recovery
The South Korean won traded near 1,523 per dollar, extending gains for a third straight session, as authorities stepped up…
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GBP/USD Price Forecast: Overall trend appears sideways amid Triangle formation
GBP/USD rises to near 1.3375 as the US Dollar corrects sharply. US President Trump sees a total victory over Iran…
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