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Forex Today: DXY surges after softer US Jobless Claims
Initial Jobless Claims in the week ending February 21 came in at 212K, below economists' expectations of 215K but slightly above the previous reading of 208K. Continuing Claims also declined to 1.833 million, signaling stabilization in labor market conditions.Fxstreet
Thu, Feb 26
USD/CHF Price Forecast: Rebounds on firm USD, targets 0.7800
USD/CHF recovers some ground on Thursday, rises some 0.19% as the Greenback appreciates and bounces off daily lows beneath 0.7700 on solid US data. At the time of writing, the pair trades at 0.7743, yet it remains shy of key resistance level seen at 0.7817, the February 2 daily peak.
Fxstreet
Thu, Feb 26
Silver Price Forecast: XAG/USD slides amid a firm US Dollar
Silver price loses its bright on Thursday, moving in the opposite direction of Gold, which remains steady as the US Dollar recovers some ground and rises. Stronger than expected US jobs data, keeps the white metal pressured in the mid-North American session.
Fxstreet
Thu, Feb 26
Cardano Price Forecast: ADA steadies as whales accumulate and bullish sentiment grows
Cardano (ADA) price steadies at $0.29 on Thursday after surging over 14% in the previous day. Improving on-chain and derivatives data support a positive outlook as whale wallets are increasing exposure alongside positive funding rates.
Fxstreet
Thu, Feb 26
USD/CNH Price Forecast: Bearish bias persists below 100-day EMA, PBOC leaves its LPR unchanged
The USD/CNH pair trades with mild gains near 6.8905 during the early European trading hours on Tuesday. However, the potential upside for the pair seems limited near a 34-month low amid US tariff turmoil.
Fxstreet
Tue, Feb 24
Forex Today: US Dollar holds ground, Gold rebounds amid Trump’s tariffs tensions
The US Dollar (USD) recovered most of its intraday losses and trades broadly stable on Monday, after markets digested the Supreme Court’s decision agains United States (US) President Donald Trump's tariffs and his move to impose additional levies over the weekend.Fxstreet
Mon, Feb 23
GBP/JPY Price Forecast: Drifts lower as ‘bearish flag’ emerges
GBP/JPY retreats on Monday, down 0.22% yet it remains consolidated within the 208.00-209.25 range, with traders eyeing a key break of support level seen at around 207.75. At the time of writing, the cross trades at 208.57 after reaching a high of 209.23.
Fxstreet
Mon, Feb 23
Solana Price Forecast: SOL deepens correction with downside risk toward $67.50
Solana (SOL) price slips 6%, nearing the lower end of its consolidation range at $76.45 at the time of writing on Monday. A firm close below this level suggests a deeper correction. The derivatives data supports a bearish sentiment with SOL’s short bets rising alongside negative funding rates.
Fxstreet
Mon, Feb 23
Forex Today: US Dollar near four-week high ahead of core PCE, GDP and PMI data
The number of United States (US) citizens submitting new unemployment insurance applications decreased to 206K, much lower than initial estimates of 225K, and down from the previous week’s revised 229K, according to the US Department of Labor.Fxstreet
Thu, Feb 19
Silver Price Forecast: XAG/USD plunges near 5% on firm USD
Silver prices (XAG/USD) collapsed for the first time in the week, down nearly 5% sponsored by steady US Treasury yields and a firm US Dollar, which weighed on the white metal. At the time of writing, XAG/USD trades at $73.49 after peaking at $76.87.Fxstreet
Tue, Feb 17
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