Weekly Currency Outlook – September 7th to 12th (Charts)
I noted on the 31st that the best deals for the week include: The S&P 500 long index displays that each day in New York exceeds 6,515, which was unexpected. For cautious traders, it’s over $3,500 for a long or daily in New York. Gold increased by 4.10% for the week. Similarly, for careful traders, […]
The USD keeps declining today. What factors are influencing the three major currency pairs?
US Dollar Decline and Economic Insights The US dollar has continued its downward trend that started during trading in New York yesterday. Major currency pairs like Eurusd, USDJPY, and GBPUSD have all seen lower trades as US traders begin their sessions. Today’s analysis focuses on the key movements of each pair, discussing the risk levels […]
Iran’s rial currency drops to almost historic lows due to potential European sanctions.
Iran’s Rial Falls Amid Rising Sanction Concerns Dubai, United Arab Emirates – On Thursday, Iran’s rial plummeted to a near-record low as fears grew that European nations would begin reinstating UN sanctions. These concerns stem from the Islamic Republic’s nuclear program and its detrimental impact on the country’s economy. This “snapback” mechanism, referred to by […]
US Ridicules Indian Rupee at ‘Record Low’, Claims Reserve Currency Is Not an Issue
Trade Relations between India and the US: On August 27, coinciding with the implementation of a hefty 50% tariff on Indian imports into the US, Treasury Secretary Scott Bescent made significant statements underscoring economic tensions as well as ongoing strategic partnership between the two nations. In an interview with Fox News, he dismissed the notion […]
Currency surges and Trump tariffs impact European outcomes.
(Reuters) – The valuation of European businesses has taken a hit due to US tariffs and a weakening dollar, affecting their performance in the second quarter. This has led some companies to consider relocating jobs to the US. Recently, US President Donald Trump imposed a 39% tariff on Swiss businesses, prompting discussions about business operations […]
Africa’s wealthiest economy sees its currency reach a nine-month peak as the Federal Reserve’s cautious approach lowers the value of the dollar
South African Rand Gains on Dollar and Gold Rebound On Friday, the South African rand showed signs of strength, boosted by recoveries in both the US dollar and gold prices. This came after Federal Reserve Chair Jerome Powell hinted at potential interest rate cuts during the central bank’s upcoming meeting in September. Interestingly, despite South […]
Weekly Currency Outlook for DXY, EURUSD, GBPUSD, USDCHF, and XAUUSD (August 25-29, 2025)
The forex market has transformed what seemed like a calm Friday into quite a tumultuous scene, thanks to remarks from Fed Chair Powell. It’s worth taking a look at some strategies for next week, especially for trading plans regarding DXY, EURUSD, GBPUSD, USDCHF, and XAUUSD. US Dollar Index (DXY) Outlook The DXY stayed positive for […]
Forex Today: Key currency pairs steady at the start of the week
Market Overview for August 18th Here’s the latest for Monday, August 18th: Major currency pairs are showing some fluctuations, staying close to where they ended last week. Traders are, perhaps understandably, waiting for Ukrainian President Voldy Mie Zelensky to meet with U.S. officials, including President Donald Trump. The economic calendar looks pretty quiet today, with […]
Weekly Currency Exchange Outlook – August 17th – August 22nd (Charts)
Created on August 17, 2025 Bitcoin saw a notable recovery earlier this week, crossing the $120,000 mark, although it began to show signs of fatigue. The current candlestick formation resembles a shooting star, indicating that Bitcoin might not be poised for significant gains just yet. A pullback seems reasonable, especially as summer winds down. There’s […]
Cuban currency reaches all-time low as dollar use grows.
Currency Challenges in Cuba HAVANA – On Monday, the Cuban peso was trading informally at around $400, reflecting the increasing trend of partial dollarization in the economy. This shift is happening amidst rising social tensions due to a lack of basic goods and deteriorating infrastructure and public services. Governments that rely on imports are criticizing […]