Analysis

The Pound Sterling (GBP) extends its winning streak against the US Dollar (USD) for the third trading day on Wednesday.

TradingKey - Global markets are on the edge of their seats as we enter a very important trading week. The US Dollar Index (DXY) is sitting pretty at a ten-month high, and WTI Crude Oil has finally hit that all-important $100 level.

TradingKey - Recently, as risk-off sentiment rebounded and interest rate expectations were adjusted, the US Dollar Index has strengthened for two consecutive weeks, having previously broken through the 100 psychological level.

TradingKey - Amid ongoing tensions in the Middle East, the US Dollar Index continues to strengthen, briefly challenging the 100 level. Meanwhile, gold—a traditional safe-haven asset—appears to have lost its safe-haven appeal. Since the U.S. strike on Iran on February 28, gold gapped higher but subsequently retreated, erasing all gains from the week preceding the conflict.

TradingKey - The outlook for the British Pound in 2026 is undoubtedly one of the most significant focal points for investors in the FX market. Following a structural shift in 2025 characterized by a "low start and high finish," GBP/USD successfully broke out of its two-year trading range and stabilized near 1.35 at year-end, laying the foundation for its performance in 2026.

TradingKey - While major global economies were still mired in a "rate-cutting race," the Reserve Bank of Australia (RBA) dropped a bombshell in February 2026 by raising interest rates by 25 basis points. This counter-trend move completely disrupted market rhythm. The Australian Dollar (AUD) has rall

TradingKey - In January 2026, the US Dollar Index continued its downward trend from 2025, officially breaking below the key 97.0 level and reaching a low of 95.5, marking a nearly four-year low since February 2022.

TradingKey - The U.S. dollar is facing its most intense wave of selling in nearly four years, with the Bloomberg Dollar Spot Index falling to its lowest level since March 2022 on Tuesday. Despite this, U.S. President Donald Trump appeared exceptionally optimistic during an event in Iowa. When asked

TradingKey - Our view is as follows: in the short-to-medium term, factors related to de-dollarization will indeed exert periodic constraints on the U.S. dollar exchange rate; however, from a long-term perspective, there remains considerable uncertainty regarding their actual impact on the trend of t

TradingKey - The US dollar in 2025 is undergoing a fundamental logical shift. The "triple trump cards" that once supported the dollar's strength—high interest rate differentials, leading absolute returns, and the preference of global safe-haven capital—are simultaneously weakening.

The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades 0.15% lower around 97.60 during the European trading session on Monday.

TradingKey - Although the Iran-Israel conflict has subsided, a re-escalation could drive oil prices higher in the short term. As a major resource-exporting nation, the Canadian dollar (CAD) is closely tied to oil prices—higher oil prices typically strengthen the CAD.

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, attracts some sellers to around 98.55 during the early European trading hours on Wednesday.

TradingKey – During Donald Trump’s second term in office, efforts to reduce trade deficits have clashed with attempts to preserve the dollar’s global dominance, leading to conflicting narratives around whether the administration favors a strong or weak dollar.

TradingKey - The latest International Monetary Fund (IMF) report, "World Economic Outlook," shows that the UK economy has demonstrated unexpected resilience, leading to an upward revision of the GDP growth forecast for 2025 from 1.1% to 1.2%.

SINGAPORE/SHANGHAI, May 6 (Reuters) - A wave of dollar selling in Asia is an ominous sign for the greenback as the world's export powerhouse starts to question a decades-long trend of investing its big trade surpluses in U.S. assets.

TradingKey - The U.S. dollar index has dropped by approximately 6% YTD, closing at 102. However, analysts on Wall Street are still bearish on the dollar, largely in light of uncertainty of President Trump's tariff policies.

The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is currently flat to slightly higher near 104.50 at the time of writing on Friday.

The AUD/USD pair struggles to capitalize on the overnight bounce from the 0.6270 area or a one-week low and meets with a fresh supply on Friday.

The GBP/USD pair recovers recent losses from the previous session, trading around 1.2890 during Asian hours on Tuesday.