News
Important Only
US Dollar Index Price Forecast: Drops to near 98.00, next support appears at nine-day EMA
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is losing ground after registering gains in the previous four consecutive sessions and trading around 98.00 during the early European hours on Tuesday.Fxstreet
Tue, Jul 15
USD/CHF Price Forecast: Holds firm below 0.8000 on US Dollar demand
The USD/CHF consolidates during the North American session, is flat below the 0.8000 figure, poised to finish the week with 0.36% gains. A risk-off mood bolstered the Greenback, which so far has recovered some ground during the current week.
Fxstreet
Fri, Jul 11
EUR/USD: Any advance is likely part of a higher range of 1.1700/1.1755 – UOB Group
Euro (EUR) could edge higher against US Dollar (USD); any advance is likely part of a higher range of 1.1700/1.1755. In the longer run, no change in view; there is still a chance (albeit a limited one) for EUR to pull back to 1.1660, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Thu, Jul 10
Silver consolidates near 20-day SMA following Fed minutes
Silver price registered losses of over 1% on Wednesday after the US Federal Reserve (Fed) unveiled its June meeting minutes, hinting that policymakers are eyeing just one interest rate cut, instead of the two priced in by investors. Although the Greenback was unchanged, the grey metal tumbled.Fxstreet
Wed, Jul 9
EUR/USD: Expected to trade in a range between 1.1690 and 1.1760 – UOB Group
Euro (EUR) is expected to trade in a range between 1.1690 and 1.1760 against US Dollar (USD). In the longer run, EUR strength from late last month has ended; the current pullback could extend to 1.1660, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Wed, Jul 9
