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 […]
Iran aims to remove four zeros from its currency as it has lost significant value.
Iran Considers Currency Reform by Dropping Four Zeros The Economic Committee of the Iranian Parliament has recently brought back an old proposal to remove four zeros from the national currency. This move aims to make financial transactions easier amid ongoing economic struggles. During a meeting, the committee’s chairman, Shamseddin Hosseini, announced that the national currency […]
Singapore dollar shows traits of a safe-haven currency, but it is not yet on par with the yen or Swiss franc.
Workers counted Singapore Dollar notes in the financial hub at Raffles Place on October 6, 2022. Amidst market uncertainty, investors seem to gravitate towards safe assets like gold, Japanese yen, US dollars, and Swiss francs. These are generally viewed as reliable during tumultuous market conditions. Even though the US dollar is still favored globally, it […]
Implications of a GOP bill against central digital currency for consumer banking
The recent GOP initiative to ban Central Bank Digital Currency (CBDC) could potentially derail significant plans to modernize the Federal Reserve’s electronic payment system. On Thursday, some Republican lawmakers voiced their concerns in the House, expressing fears that the CBDC might enable the government to monitor citizens’ financial transactions. The banking sector has already provided […]
House approves three bills to regulate digital currency — prevents the Fed from creating its own
House Passes Key Legislation on Digital Currencies On Thursday, House lawmakers passed significant legislation aimed at regulating digital currencies, alongside three bills that are set to reshape the industry. The bipartisan bill, dubbed the genius law, establishes a framework for managing the $238 billion Stablecoin Market, focused on currencies tied to hard assets like the […]
GBP/USD declines as Trump’s tariffs disrupt currency markets, with CPI data approaching
GBP/USD Falls as Trump Imposes 30% Tariffs on EU and Mexico GBP/USD declines with mixed reactions in the market following tariff announcements. US inflation is projected to rise to 2.7% year-on-year, reflecting consumer impacts from tariffs. Slowdown in UK GDP may increase chances of a rate cut from the Bank of England. Pound Sterling (GBP) […]
Goldman Believes Dollar Could Once Again Function Like a Risky Currency
Goldman Sachs Analysts Reflect on US Dollar Volatility In recent weeks, the volatility of the US dollar appears to have calmed, but analysts at Goldman Sachs Group suggest that it could start behaving more like a “risky” currency. According to analysts Karen Reichcott Fishman and Lexie Kanter, there’s been a noticeable shift away from US […]