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Forex Today: US Dollar steadies as Williams keeps inflation caution alive
The US Dollar Index (DXY) trades near the 101.00 area, recovering modestly after two days of running in place as investors digest softer US labor data and cautious comments from Federal Reserve (Fed) officials.
Fxstreet
Tue, Jul 7
XRP Price Forecast: XRP extends losses, shrugging off Ripple's MiCA license approval
Ripple (XRP) edges lower while trading around $1.13 at the time of writing on Tuesday. The remittance token upholds a broader bearish bias, attributed to softening retail interest and the lack of strong catalysts to prevent rallies from being sold as investors appear to prefer short-term gains.
Fxstreet
Tue, Jul 7
Meme Coins Price Prediction: DOGE slips, SHIB softens, PEPE pulls back
Dogecoin (DOGE), Shiba Inu (SHIB) and Pepe (PEPE) meme coins are trading lower on Tuesday as bullish momentum fades following last week's rally. DOGE retreats after failing to overcome a resistance level, while SHIB remains capped below a descending trendline.
Fxstreet
Tue, Jul 7
Forex Today: US Dollar stays neutral as Fed’s Waller reinforces inflation commitment
The US Dollar Index (DXY) remains neutral near the 100.90 level at the end of the American session on Monday as investors digest hawkish comments from Federal Reserve (Fed) Governor Christopher Waller and resilient United States (US) services data.Fxstreet
Mon, Jul 6
Ripple XRP Price Forecast: XRP eyes short-term bullish turn as investor demand returns
Ripple (XRP) exhibits strong recovery prospects, trading above $1.10 on Friday. This rebound aligns with the broader crypto market and can be attributed to easing geopolitical tensions in the Middle East and growing appetite for risk assets.Fxstreet
Fri, Jul 3
US Dollar Index Price Forecast: Falls to near 100.50 despite prevailing bullish bias
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 successive day, trading around 100.60 during the early European hours on Friday.Fxstreet
Fri, Jul 3
Chinese Yuan: Range trading after weakness fades against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang reports USD/CNH is consolidating after a prior decline to 6.7865, with prices oscillating between 6.7911 and 6.8025 and closing at 6.7948. He expects intraday action to remain confined to 6.7860–6.7990.
Fxstreet
Thu, Jul 2
Forex Today: US Dollar weakens after softer US jobs data
The US Dollar Index (DXY) came under pressure near the 100.90 level after the latest United States (US) employment report showed a clear slowdown in hiring. Nonfarm Payrolls rose by only 57,000 in June, while May’s gain was revised down to 129,000 from 172,000.Fxstreet
Thu, Jul 2
Australian Dollar: Neutral within broader downtrend against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang notes AUD/USD has slipped into a tight consolidation after a strong rebound to 0.6930, trading between 0.6883 and 0.6921 and closing at 0.6894. He expects intraday range trading between 0.6880 and 0.6915.
Fxstreet
Thu, Jul 2
Australian Dollar: Downside bias but support holds against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang notes that AUD/USD remains under mild pressure, with intraday bias tilted lower after a narrow range session. Any decline is expected to stay within 0.6865–0.6900, with a clear break below 0.6865 seen as unlikely.Fxstreet
Tue, Jun 30
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