Swiss Franc gains strength as US Dollar wanes after US PCE inflation figures.
The USD/CHF dipped slightly on Friday, effectively losing all the gains made earlier in the week. This shift comes as the US dollar weakened following the latest personal consumption expenditure (PCE) data from the United States. The report suggested that underlying inflation is still relatively mild. As of now, the trading pair sits at approximately […]
EUR/USD is revisiting an important area as the US dollar weakens following heightened expectations of a tough stance.
Basic overview USD: The US dollar gained strength following last week’s assertive projections from the Fed, prompting a reassessment of interest rate expectations. To clarify, the Fed surprised many by forecasting a rate hike this year, while most anticipated no changes. Currently, there’s an expectation for a 32 basis point tightening by year-end, with a […]
NZD/USD Price Outlook: New Zealand Dollar remains weak around 0.5650 with a negative trend
NZD/USD Continues Downward Trend The NZD/USD pair is experiencing a losing streak that began on June 17th, with current trading around 0.5650 during Friday’s Asian session. A look at the daily chart reveals that the price is descending within a channel, indicating a strong bearish sentiment. Short-term technical indicators show that the pair remains bearish, […]
Loonie struggles with a sluggish home economy and a rising U.S. dollar
Canadian Dollar Hits 15-Month Low TORONTO — The Canadian dollar has reached its lowest point in almost a year and a half, influenced by a sluggish domestic economy and a robust demand for the U.S. dollar. The exchange rate has been on a downward trend since early May when it hovered around 74 cents against […]
New Zealand Dollar continues to decline as traders focus on US PCE data
NZD/USD Trends and Market Conditions The NZD/USD exchange rate is currently around 0.5640, marking its seventh consecutive day of decline and nearing the lowest point since November 2025. The pair is facing pressure primarily due to the strong performance of the US dollar and widespread risk aversion in financial markets. Recently, the U.S. Dollar Index […]
Forex Today: US Dollar gains slow down before important inflation figures
Key Updates for Thursday, June 25th The U.S. dollar (USD) index experienced a brief correction after touching a 13-month high of 101.80 on Wednesday, settling around 101.50 early Thursday. Today, the U.S. Bureau of Economic Analysis (BEA) is expected to release the Personal Consumption Expenditures (PCE) price index along with the final revised figures for […]
NZD/USD Price Outlook: New Zealand Dollar drops close to 0.5650 as negative trend continues
The NZD/USD currency pair has seen a downturn for seven days straight, trading at approximately 0.5650 during Asian hours on Thursday. An analysis of the daily chart indicates that the price is moving downward within a descending channel, highlighting a persistent bearish trend. In the short term, the NZD/USD pair is clearly under pressure, remaining […]
Canadian Dollar gains strength as US Dollar weakens despite aggressive Federal Reserve expectations.
USD/CAD Market Update The USD/CAD has wrapped up its winning streak, which began on June 10th, and is now trading around 1.4230 during Asian trading hours on Thursday. This dip occurred as the U.S. dollar weakened, even amid growing anticipation of the Federal Reserve possibly raising interest rates later this year. Traders are gearing up […]
New Zealand Dollar stays close to November 2025 lows against strong USD as traders wait for US PCE data
The NZD/USD pair has seen selling pressure for the seventh consecutive day, approaching its lowest point since November 25th. Currently, it trades in the 0.5640-0.5635 range and appears vulnerable due to a strengthening US dollar. The USD index (DXY), which gauges the dollar against several currencies, reached its peak for the first time since May […]
US Dollar rises sharply as traders anticipate PCE inflation data
Here’s what you need to know on Thursday, June 25th. The U.S. dollar index (DXY) hovered around 101.60 on Wednesday, which marks a one-year high. The markets are keenly awaiting the Federal Reserve’s preferred inflation measure—the Personal Consumption Expenditures Price Index (PCE)—set to be released on Thursday. Scheduled for 8:30 a.m. ET, the May PCE […]