Category: USD

United States Dollar News and Analysis from varies Financial media, we summarize all USD news into a sitemap summary with link to related USD News for the one who wanted to catch up United States Dollar price change in timely manner.

British Pound Forecast: GBP/USD, GBP/JPY, GBP/AUD, EUR/GBP

GBP/AUD was somewhat of an exception, however, as GBP rallied against an Australian Dollar that got slammed in the aftermath of the FOMC rate decision.. But, as discussed in the Analyst Pick published earlier on Friday, GBP/USD…

AUD/USD shorts were the best trade this week

The Australian dollar was the laggard this week It was a big week in the FX market as the Fed flipped the script and turned hawkish.. It speaks volumes that Australian added 115K jobs compared to 30K expected and it was still…

British Pound Outlook: GBP/USD Clears May Low Ahead of BoE

British Pound Talking Points GBP/USD clears the May low (1.3801) as the Federal Reserve forecasts two rate hikes for 2023, and the Bank of England (BoE) interest rate decision may do little to sway the exchange rate as the…

USDCHF above midpoint of move down from April high

Midpoint comes in just below 0.9200 The USDCHF has extended higher in trading today with the overall dollar bullish bias.. Focusing on the daily chart, the low price for both May and June reached a swing area between 0.89197…

USDCAD extends up toward key cluster of resistance

When there is a number of technical levels in a relatively narrow trading range AND there is a test of a key moving average like the 100 day moving average which has not been breached in a while, traders will look to lean…

USD/INR: Rupee Snaps Eight-Day Losing Run

That was largely driven by the Fed dot plot released on Wednesday, which suggested an expectation of two rate hikes in 2023.. “DXY has seen a classic short squeeze – the trigger being that 7 of 18 FOMC members felt that…

GBP/USD Weekly Price Forecast – British Pound Gets Hammered

The British pound has broken down rather significantly during the course of the week, slamming into the 1.350 level.. There is a little bit of a minor trendline there, and I think at this point in time it is likely that could…

EUR/USD Faces First Oversold RSI Reading Since February 2020

EUR/USD Rate Talking Points EUR/USD trades to a fresh monthly low (1.1867) as it extends the series of lower highs and lows following the Federal Open Market Committee (FOMC) interest rate decision, and recent developments…

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