News
US Dollar Index (DXY) Weakens, Metals Surge Ahead of Trump's Primetime Address
2+ hour, 22+ min ago (423+ words) A weaker US dollar lifted the metals market in the middle of the trading week. For the second straight session, gold and silver registered gains while the greenback slumped. Investors are bracing for President Donald Trump's primetime address on Wednesday....
US Dollar Index Completes Channel Breakout to Trade at 100.13
5+ day, 41+ min ago (382+ words) On Friday, the US dollar index extended Thursday's rebound from about 99.59 to trade at about 100.13 after the latest data. The DXY also completed an upward breakout from a descending channel formation in the 60-minute chart. The latest run of gains…...
AUD/USD Extends Decline Below 100-Hour MA to Trade at 0.6884
5+ day, 6+ hour ago (321+ words) On Friday, the AUD/USD currency pair extended this week's decline from Thursday's highs of 0.6951 to trade at about 0.6884. The currency pair trades within a descending channel formation in the 60-minute chart. The pair has now fallen to trade several…...
USD/JPY Extends Gains Above 100-Hour MA to Trade at 159.90
5+ day, 5+ hour ago (425+ words) On Friday, the USD/JPY currency pair extended this week's gains from the lows of about 158.92 to trade at about 159.90. The currency pair trades within an ascending channel formation in the 60-minute chart. The pair has now advanced to trade…...
Bitcoin NUPL Turns Neutral, FED Rate Hike Pressure Looms
1+ week, 4+ day ago (210+ words) Bitcoin NUPL Turns Neutral, FED Rate Hike Pressure Looms'FXDailyReport.Com The Unrealized Profit/Loss (NUPL) of Bitcoin ($BTC) has again become neutral This indicates a likely shift in the market sentiment following a phase of notable weakness However, despite this…...
US Dollar Index Bounces Off Weekly Lows to Trade at 99.60
1+ week, 5+ day ago (256+ words) On Friday, the US dollar index bounced from the current week's lows of about 98.95 to trade at about 99.60 after the latest data. The DXY trades within an ascending channel formation in the 60-minute chart." The dollar currency index continues to…...
GBP/USD Bearish Channel Correction Underway
2+ week, 2+ day ago (316+ words) GBPUSD has been trending lower within a descending channel since early February, and price has recently broken below the channel's lower boundary following a sharp selloff. The pair is currently hovering around the 1.3261 level, sitting just above the swing low…...
USD/JPY Holds Near 159.50 as Strong Dollar and Rate Gap Support the Pair
2+ week, 3+ day ago (263+ words) The USD/JPY pair trades around 159.50 on Friday, edging slightly higher on the day. The pair remains close to recent highs, supported by continued strength in the US Dollar (USD) and the persistent interest rate gap between the United States…...
GBP/USD Climbs Above 1.3480 as Risk Sentiment Improves and Dollar Softens
3+ week, 1+ day ago (281+ words) The GBP/USD pair extends its advance for a third consecutive session, rising above the 1.3485 region during the early European session on Tuesday. The move marks a notable rebound from last week's three-month low near the mid-1.3200s, with a combination of…...
EUR/GBP Holds Firm Near 0.8710 as Eurozone Inflation Beats Expectations
4+ week, 10+ hour ago (277+ words) EUR/GBP Holds Firm Near 0.8710 as Eurozone Inflation Beats Expectations'FXDailyReport.Com The EUR/GBP cross remains supported around 0.8710 in early European trading on Wednesday, with the Euro gaining modest ground against the Pound Sterling after stronger-than-expected inflation data from the…...