US dollar news

​​Technical analysis on FTSE 100, DAX 40 and S&P 500 within their fundamental context.

The USD/MXN is trading near the 17.57000 value of this morning with its typical fast-paced results being demonstrated.

The NASDAQ 100 rallied significantly during the trading session on Friday after the better-than-anticipated jobs number coming out of the United States shipped the market.

The USD/ZAR has produced plenty of speculative drama in the past week.

One of the unique aspects of the Non-Farm Payroll announcement day is its inevitable interpretation variability by traders.

Japanese Stock Market Roaring Ahead to Multi-Decade Highs; OPEC Announces Saudi Oil Production Cut; US Dollar Firm

The price remains within a wide descending price channel, although it is lower, so is not close to either trend line.

CAD is poised for further upside ahead of the upcoming Bank of Canada rate decision.

The GBP/USD displayed a strong rally, reaching the 1.2550 level during Friday's trading session, following the release of the US jobs data, which surpassed expectations by nearly threefold.

The EUR/USD experienced significant volatility on Friday, driven by the release of the Non-Farm Payroll figure, which exceeded expectations by nearly double.

The GBP/USD pair suffered a harsh reversal on Friday as it erased some of the gains made last week.

The AUD/USD strong comeback was halted last week by the mixed US non-farm payrolls (NFP) data.

The EUR/USD price retreated slightly after a series of mixed economic data from Europe and the United States.

The Australian dollar has recouped some losses against some of its peers as the Reserve Bank of Australia interest rate pause doubts grow following the hike in the minimum wage. What is the outlook for AUD/USD, AUD/NZD, and EUR/AUD?

The US Dollar regained its ascendency after the US debt deal passed Congress and was supported by solid jobs data. OPEC+ announced output cuts and the Fed is now in blackout mode.

The Japanese yen’s slide appears to be losing steam as US Federal Reserve rate hike expectations take a ‘U’-turn after dovish remarks from central bank officials. What is the outlook for USD/JPY, EUR/JPY, and AUD/JPY?

With the US debt default crisis averted which has been largely priced by markets previously, central focus this week could be shifted back to the US Fed rate outlook.

After some key activity data and the passage of the debt ceiling bill last week, markets could be in for a relatively quieter week on the data front. With the US Federal Reserve expected to pause hiking rates, inflation moderating in recent months, and US economic growth showing signs of resilience, optimism has been running high in equities.

The EUR/USD remains within the lowest realms of its one-month price range.

Get the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of June 4th, 2022 here.

This week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.

The difference between success and failure in Forex / CFD trading is highly likely to depend mostly upon which assets you choose to trade each week and in which direction, and not on the exact methods you might use to determine trade entries and exits.

The outlook for gold is starting to become more bearish from a fundamental standpoint, as the resilience of the U.S. economy could induce the Federal Reserve to continue raising rates later this year.

A rather disappointing week on the whole as EURUSD in particular struggles for direction while the Euro lost further ground to both the GBP and JPY. Given the lack of catalysts ahead, is there any reason to expect the Euro to arrest its slump?

The British Pound has enjoyed a strong week against a range of currencies, propped up by expectations that UK interest rates are going to have to go even higher.

Gold prices fell on Friday, weighed by rising U.S. Treasury yields as strong U.S. labor market data bolstered the case for higher-for-longer interest rates.

NFP rises once more with April's number seeing an upward revision. The unemployment rate did tick higher further complicating the job of the Federal Reserve ahead of its June meeting.

The greenback is at a one-week low after a positive outcome to the US debt ceiling debate. Recent data shows that the US jobs market remains strong, what will today’s NFPs tell us?

The AUD/USD experienced a slight rally during Thursday's session as it attempted to recover from recent losses.

The S&P 500 experienced an initial rally in the futures market but struggled to sustain gains due to strong ADP employment numbers.

The NASDAQ 100 turned things around during the trading session on Thursday, as it looks like the buyers are starting to come back into the picture.

The yen appears to be benefitting from the Fed’s recent comments favouring a “skip” at this month’s FOMC meeting. Levels for a bearish continuation analysed

​​Technical analysis on FTSE 100, DAX 40 and S&P 500 within their fundamental context.

The USD/JPY displayed a back-and-forth movement during Thursday's trading session, reflecting the ongoing noisy behavior in the market.

The GBP/USD began Thursday's trading session with an initial pullback, testing the 50-Day Exponential Moving Average (EMA).

During Thursday's trading session, the EUR/USD experienced a slight decline, raising questions about the currency's performance.

GBP/USD has scope for further upside with bullish technical patterns in focus ahead of the NFP report.

Congress has approved a deal on the debt limit. But what is the debt ceiling and why does it exist?

Crude oil prices made solid gains going into Friday after some sound economic numbers and a softening US Dollar with the focal point turning toward the OPEC+ meeting. Will WTI gap again?

Gold prices are eyeing the best week since the beginning of April after shockingly disappointing US ISM prices paid data brought back Fed rate cut bets. Is the technical setup matching momentum?

EUR/USD regains poise after bouncing off technical support near the 1.0640/1.0600 area. Meanwhile, USD/JPY extends its correction as USD/CAD carves out a bearish double-top formation.

Consensus around Friday’s NFP report has payroll growth to decline to 190K in May, while markets grapple with recent leading indicator data.

Comments by prominent Fed members cause a wild swing in future rate expectations, sending the dollar lower. Silver appears to be trading higher off key support

Weak factory activity data and rapidly falling prices paid by manufacturers in May could strengthen the case for the Fed to hold rates steady at its meeting this month, a move that could weigh on the U.S. dollar.

Short-dated US bond yields can’t make their mind up if they are going lower or not, and this is leaving gold traders at risk of increased volatility.

The euro's exchange rates came under pressure after a batch of less-than-expected data from the euro-zone indicated that pressure to raise interest rates at the European Central Bank was easing.

Fed Governors came out and signaled their preference for a “skip” at the next FOMC meeting, sending the dollar lower. NFP up next as the major event risk ahead

The GBPUSD exchange rate was at risk of testing fresh multi-week lows after Chinese data boosted demand for the dollar and confirmed expectations of a Federal Reserve hike in US interest rates.

For three consecutive trading sessions, the XAU/USD gold price moved amid a rebound to the upside, with gains that affected the $1975 resistance level

For three consecutive trading sessions, the USD/JPY currency pair is exposed to profit-taking sales

The TRY/USD has stabilized near its lowest level ever, with the accelerating decline of the Turkish currency since the start of the electoral process in the middle of last month.

The USD/JPY is trading near the 139.800 ratios as of this writing.

The Dow and CAC40 have rallied off their Wednesday lows, while the Nasdaq 100 has moved lower after its fourteen-month high earlier in the week

The USD/TRY is challenging record highs as financial institutions show a lack of confidence in the aftermath of the reelected Turkish government.

During Wednesday's trading session, the S&P 500 experienced a slight pullback, encountering resistance around the 4200 level.

Euro Area inflation fell across the board in May with both the core and YoY print beating forecasts. Despite the positive data, it is unlikely to deter the ECB from hiking rates at its upcoming meeting.

During Wednesday's trading session, the euro experienced a slight decline, testing the 200-Day EMA once again.

AUD/USD remains hesitant as US factors and local Australian influences battle for supremacy.

During Wednesday's trading session, the US dollar experienced a slight initial decline against the Japanese yen, following the recent upward pressure in the market.

The NASDAQ 100 has fallen a bit during the trading session on Wednesday, after forming a massive and obvious shooting star on Tuesday.