News
Important Only
US Dollar Index Price Forecast: Tests 98.00 support ahead of US Initial Jobless Claims
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its losses for the second consecutive day and trading around 98.10 during the early European hours on Thursday.Fxstreet
Thu, Aug 7
Forex Today: Markets’ attention will be on the BoE meeting
The US Dollar (USD) resumed its downward trend and tumbled to multi-day lows on Wednesday, as investors remained watchful of President Trump’s plans for Chief Powell’s replacement as well as any developments on the trade front ahead of the upcoming deadline.
Dogecoin and Shiba Inu Price Analysis: Bearish sentiment rises as corrections deepen
Dogecoin (DOGE) and Shiba Inu (SHIB) prices are extending their correction after failing to close above their key resistance zones. The bearish thesis for both dog-based memecoin is further supported by the rising short bets among traders, suggesting further correction ahead.
Fxstreet
Wed, Aug 6
EUR/USD may test the 1.1380 support – UOB Group
Euro (EUR) could test the 1.1380 level against US Dollar (USD); a sustained drop below this level seems unlikely. In the longer run, EUR view remains negative; the next level to watch is 1.1350, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Fri, Aug 1
Ripple Price Forecast: XRP shows signs of exhaustion as focus shifts to Trump tariffs impact
Ripple (XRP) price is on the back foot, retracing slightly to trade at $3.09 on Thursday. An attempt to break above resistance at $3.32 failed, reflecting low demand retail and a shift in market sentiment, following Wednesday's United States (US) Federal Reserve (Fed) interest rate decision.
Fxstreet
Thu, Jul 31
EUR/USD: Unlikely to weaken much further against – UOB Group
Euro (EUR) is unlikely to weaken much further against US Dollar (USD); it is more likely to consolidate in a range of 1.1520/1.1600. In the longer run, the level to watch now is 1.1500, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Wed, Jul 30
