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Dollar Towers on Hawkish Fed Signals
Forex Portfolios USD

Dollar Towers on Hawkish Fed Signals

The dollar index traded around 100.8 on Friday, hovering at its highest level since May 2025 as investors piled on...
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Yen Weakens Despite Verbal Interventions
JPY USD

Yen Weakens Despite Verbal Interventions

The Japanese yen weakened beyond 161 per dollar on Friday, falling to its lowest level since July 2024 despite renewed...
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Offshore Yuan Heads for Weekly Loss
CNH USD

Offshore Yuan Heads for Weekly Loss

The offshore yuan weakened to around 6.78 per dollar on Friday, putting the currency on track for a weekly loss...
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Rupee Rises to 6-Week High
INR USD

Rupee Rises to 6-Week High

The Indian rupee hovered around 94.2 per dollar, extending gains to a six-week high as improving capital flows lifted investor...
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Canadian Dollar dips as Fed hawkish outlook, weaker Oil pressure CAD
CAD USD

Canadian Dollar dips as Fed hawkish outlook, weaker Oil pressure CAD

USD/CAD rises 0.21% on Thursday and trades around 1.4130 at the time of writing. The US Dollar remains supported after...
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Swiss franc weakens after SNB keeps rates unchanged
Central Banks CHF Technical Analysis USD

Swiss franc weakens after SNB keeps rates unchanged

The Swiss National Bank (SNB) decided to keep its main interest rate unchanged during its June meeting. The interest rate...
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Swiss Franc strengthens ahead of SNB rate decision
CHF USD

Swiss Franc strengthens ahead of SNB rate decision

USD/CHF weakens to near 0.7985 in Thursdayโ€™s early European session.  The Fed voted unanimously to hold its benchmark federal funds...
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EUR/USD Price Forecast: Recovers further from March low, climbs to 1.1525 on weaker USD
EUR Technical Analysis USD

EUR/USD Price Forecast: Recovers further from March low, climbs to 1.1525 on weaker USD

EUR/USD gains positive traction as the USD drifts lower in reaction to the US-Iran peace deal. The ECBโ€™s rate hike...
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Japanese Yen bears turn cautious amid intervention fears as Iran deal undermines USD
JPY Technical Analysis

Japanese Yen bears turn cautious amid intervention fears as Iran deal undermines USD

USD/JPY bulls pause as intervention fears support the JPY amid a modest USD downtick. The US-Iran peace deal optimism counters...
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United States Dollar Index holds losses after pulling back from 11-week highs
USD

United States Dollar Index holds losses after pulling back from 11-week highs

US Dollar Index remains subdued after pulling back from an 11-week high of 100.57 reached on Wednesday. The Greenback slips...
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New Zealand Dollar gains ground to near 0.5800 as US-Iran Presidents signs agreement to end war
NZD USD

New Zealand Dollar gains ground to near 0.5800 as US-Iran Presidents signs agreement to end war

NZD/USD gains ground to near 0.5790 in Thursdayโ€™s Asian session. New Zealandโ€™s Q1 annual GDP beat the estimates.  Fed held...
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AUD/USD Price Forecast: Eyes 0.7050 on weaker USD; 100-day SMA holds the key for bulls
AUD Technical Analysis USD

AUD/USD Price Forecast: Eyes 0.7050 on weaker USD; 100-day SMA holds the key for bulls

AUD/USD attracts fresh buyers on Thursday as the US-Iran peace deal undermines the USD. The hawkish RBA further benefits the...
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