US Dollar Index Price Prediction: Drops close to 100.50 even with a strong bullish trend
The US Dollar Index (DXY), which gauges the USD’s value against six key currencies, has seen a decline for the second consecutive day, trading around 100.60 early Friday in Europe. Technical analysis shows a persistent bullish outlook as the index remains within an upward channel. In the short term, the sentiment appears somewhat optimistic, with […]
EUR/JPY Price Prediction: Approaches immediate resistance at VWAP of 185.50
The EUR/JPY pair experienced a rise after two days of decline, trading around 184.50 during Asian hours on Friday. It still seems to carry a bearish sentiment in the short term since it’s trading below the session’s volume-weighted average price (VWAP) and a close grouping of exponential moving averages is providing resistance, with the 9-period […]
Trump reveals gas price cuts in Philadelphia just before Independence Day
On Wednesday, former President Donald Trump claimed that oil and gas prices are dropping, revealing plans to lower fuel prices at select gas stations in the Philadelphia area ahead of the Fourth of July celebrations. He mentioned that the Freedom Fuel Network will reduce prices at 25 stations in the Philadelphia metropolitan area starting Friday. […]
EUR/JPY Price Outlook: Drops slightly under 185.00, while short-term positive trend remains
The euro/yen exchange rate was hovering around 184.95 in early European trading on Thursday, reflecting a downturn. In June, inflation in the Eurozone dropped more significantly than anticipated, easing concerns for the European Central Bank (ECB) regarding further interest rate hikes in its upcoming meeting on July 23. This decline could impact the euro’s position […]
GBP/JPY Price Outlook: Exceeds range, buyers target 216 as RSI shows strength
The pound rose against the yen on Wednesday, increasing by 0.17%, even amid warnings from Japanese officials about possible intervention in the currency market to support the yen. Currently, GBP/JPY is trading at 215.93, reflecting a 0.16% gain. GBP/JPY Price Forecast: Technical Outlook GBP/JPY broke out of the 212.00-215.00 range today, paving the way to […]
USD/JPY Price Outlook: Continues upward trend approaching 162.70 as US bond yields rise
On Wednesday, the USD/JPY exchange rate was up by 0.1%, sitting around 162.73. This increase points to the US dollar’s strength, attributed mainly to a rise in US Treasury yields. The yield on the 10-year U.S. Treasury climbed by 0.18% to 4.47%, building on Tuesday’s significant gain of over 2%. Additionally, the US Dollar Index […]
NZD/USD Price Outlook: Recovery meets obstacles at 0.5700
The New Zealand dollar (NZD) saw a slight increase against the US dollar on Tuesday, buoyed by positive business confidence statistics from New Zealand and a small dip in the US dollar’s value. As of now, the NZD/USD exchange rate rests at approximately 0.5677, reflecting a 0.5% rise for the day. The dollar index (DXY), […]
Price of silver as of Tuesday, June 30, 2026
As of 9 a.m. ET today, the price of silver stands at $58.45 per ounce. That’s a 7-cent increase from yesterday and more than $22 higher than it was a year ago. Historic Silver Performance Investing in silver isn’t a fast track to wealth. Historically, it has significantly lagged behind stocks. Since 1921, silver has […]
US Dollar Index Price Prediction: Breaks three-day decline with caution before US NFP data
The US dollar (USD) made a recovery after three days of declines, with the US dollar index (DXY) registering a 0.3% increase, now around 101.40. This rebound comes as investors show caution ahead of the June non-farm payrolls (NFP) data set to be released on Thursday. Market participants are keenly awaiting the job report, which […]
NZD/USD Price Outlook: New Zealand Dollar stays around 0.5650 as downward pressure persists
NZD/USD Update The NZD/USD has experienced a rise for two consecutive days, currently trading near 0.5660 during Asian hours on Tuesday. The daily chart’s technical analysis indicates that the price remains trapped within a descending channel, suggesting a continued bearish sentiment. This currency pair is still trading below both its 9-day and 50-day exponential moving […]