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Euro extends gains against British Pound as Eurozone inflation accelerates
The Euro (EUR) trades higher against the British Pound (GBP) on Wednesday, on track for a five-day winning streak, and received additional support after Eurozone final inflation figures confirmed higher price pressures in July.
Fxstreet
Wed, Aug 19
USD/IDR Price Forecast: Trades near 17,850 after pulling back from moving averages
USD/IDR depreciates after registering modest gains in the previous day, trading around 17,870 during the Asian hours on Wednesday. The technical analysis of the daily chart suggests that the pair is remaining within the rectangle, indicating a consolidation phase.Fxstreet
Wed, Aug 19
Forex Today: US Dollar firms on Hormuz jitters ahead of UK CPI and FOMC Minutes
The US Dollar Index (DXY) held a firm tone near the 99.60s on Tuesday, keeping a mild safe-haven bid as tensions around the Strait of Hormuz stayed front and center. Gold and Oil both sold off, and most major currencies drifted lower against the Greenback.
Fxstreet
Tue, Aug 18
XRP Price Forecast: XRP slips below $1.00 as Ripple deepens Korean banking ties
Ripple (XRP) is trading below $1.00 on Tuesday as investors weigh escalating tensions in the Middle East. The remittance token has remained in a bearish trend for most of this year, with losses below the critical $1.00 level likely to dominate this week’s trading unless a sustained recovery ensues.
Fxstreet
Tue, Aug 18
Forex Today: US Dollar sags to two-month lows as Middle East risk lifts Oil and Gold
The US Dollar Index (DXY) starts the week on the back foot, with the US Dollar Index (DXY) slipping toward two-month lows and holding below the 100.00 mark. August's run of underwhelming US data jobs, inflation and retail sales has steadily trimmed bets on a Federal Reserve (Fed) move next month.Fxstreet
Mon, Aug 17
Bitcoin vs Gold Forecast: BTC rebounds while XAU approaches key breakout
Bitcoin (BTC) is trading toward $64,000 at the time of writing on Monday, in line with mild gains in the broader cryptocurrency market. Meanwhile, Gold (XAU/USD) retains a bullish bias, edging toward a short-term breakout at $4,500.
Dogecoin Price Forecast: DOGE eyes modest gains in August
Dogecoin (DOGE) retains a neutral-to-slightly bullish outlook at the time of writing on Monday. The largest meme coin hovers above $0.070, a critical support level that, if defended, could encourage bulls to increase exposure and raise the chances of a steady recovery.
Fxstreet
Mon, Aug 17
Ripple Price Forecast: XRP tests $1.00 key level amid mild capital inflows
Ripple (XRP) continues to trend bearish, trading at $1.00 as of Monday. The remittance token has hovered near this key support level since last week, indicating muted market catalysts for a rebound and signs of seller fatigue.Fxstreet
Mon, Aug 17
Euro edges up against British Pound but remains within recent ranges
The Euro (EUR) is trading practically flat against the British Pound (GBP) on Friday, holding moderate gains after bouncing from three-week lows on Thursday. The EUR/GBP pair, however, is struggling to find significant acceptance above 0.8550, and remains on track for a 0.2% weekly loss.Fxstreet
Fri, Aug 14
Forex Today: US Dollar holds steady ahead of US Retail Sales
The US Dollar (USD) has softened with the US Dollar Index (DXY) slipping back below the 100.00 mark after Thursday's lower-than-expected Producer Price Index (PPI) data and a higher-than-expected weekly Jobless Claims print trimmed bets on further Federal Reserve (Fed) tightening.Fxstreet
Thu, Aug 13
Ripple Price Forecast: XRP recovery lacks momentum as bulls defend $1.00 support
Ripple (XRP) maintains a bearish outlook while trading above its immediate $1.00 support on Thursday. The remittance token has sustained a steady decline from the July high of $1.18, underpinning reduced demand and the lack of catalysts to sustain recovery.Fxstreet
Thu, Aug 13
Ripple Price Forecast: XRP lags recovery as exchange reserves expand
Ripple (XRP) is trading within a broadly constrained technical structure, with support at $1.00 and key moving averages limiting its recovery potential. In August, the remittance token declined by approximately 6.5%, extending its total pullback to around 14% from July's $1.18 peak.Fxstreet
Wed, Aug 12
Ripple Price Forecast: XRP's slow grind near $1.00 raises risk of deeper sell-off
Ripple (XRP) continues to lose momentum on Tuesday, as bears tighten their grip. The drop toward $1.00 aligns with lethargic sentiment in the broader cryptocurrency market. A daily close below that critical demand area could deepen the sell-off, narrowing XRP’s recovery potential.Fxstreet
Tue, Aug 11
LatAm FX: Carry window opens with caveats – BNY
BNY’s Geoff Yu and David Tam argue that a more dovish Federal Reserve (Fed) and weaker United States (US) labor data have improved conditions for Latin American (LatAm) carry trades, but broken correlations with commodities and lingering inflation risks limit momentum.Fxstreet
Mon, Aug 10
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