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MakroFXStreet News

Pound Sterling advances on BoE hawkish hold while Hormuz tensions cap gains

The GBP/USD pair gathers strength around 1.3600 during the early European session on Monday. Signals from the Bank of England (BoE) that suggest a potential shift toward higher interest rates later this year underpin the Pound Sterling (GBP) against the US Dollar (USD).

FEDECB
MakroFXStreet News

EUR/JPY Price Forecast: Trades near 184.00 after trimming latest losses

EUR/JPY holds losses after paring its daily losses, trading around 183.90 during the Asian hours on Monday. The technical analysis of the daily chart indicates the currency cross maintains a bearish near-term bias as spot holds beneath both the 50-day and nine-day Exponential Moving Averages (EMAs)

MakroFXStreet News

US Dollar Index rebounds from two-week lows as as tariff tensions resurface

The US Dollar Index (DXY), which tracks the Greenback’s value against a basket of six major currencies, turns higher on Friday, recovering from earlier weakness, though it remains on track to close the week in negative territory.

DXY
MakroFXStreet News

Forecasting the upcoming week: Nonfarm Payrolls, US-Iran peace talks on focus as DXY hits two-week lows

The US Dollar Index (DXY) fell to a two-week low near the 98.00 price zone on Friday, extending the losses seen the previous day and ending a week in which the world's most important central banks confirmed a hawkish shift due to rising inflation pressures.

INFLATIONDXY
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