The US Dollar Index (DXY) lost ground during the week, down 027% to trade near the 99.80 level as investors prepared for a heavy central bank calendar.

Ripple (XRP) hangs on to $1.14 support at the time of writing on Friday, extending its rebound from its early-week support at $1.10 and June’s low of $1.05.

India FX Reserves, USD: $681.61B (June 1) vs previous $682.32B

The GBP/USD pair trades on a flat note around 1.3415 during the early European trading hours on Friday. Traders prefer to wait on the sidelines ahead of the release of the monthly UK Gross Domestic Product (GDP). 

The US Dollar Index (DXY) fell sharply to the 99.60 level after climbing to a three-month high earlier in the session, as investors locked in profits despite the United States (USD) Core Producers Price Index (PPI) rising 0.4% MoM in May and holding at 4.9% YoY.

BNY relays that the Bank of Thailand sees no need for a special MPC meeting, as the Baht has weakened only modestly during the U.S.–Iran conflict. The central bank cites strong external buffers and notes limited foreign selling, with signs of inflows returning to long-term bonds and equities.

BNY’s Geoff Yu says Latin American currencies remain relatively resilient even as iFlow data show declining positions in high-yielders under a new Federal Reserve backdrop.

Ripple (XRP) trends higher at the time of writing on Thursday, trading above $1.12. The cross-border remittance token seeks to erase a persistent downtrend that has weighed on the price since mid-May, as investors navigated geopolitical tensions in the Middle East.

Bitcoin (BTC) recovers slightly, trading above $62,500 at the time of writing on Thursday after three consecutive days of losses earlier this week.

The USD/JPY extends its gains for the second straight day, drifting higher above the 160.00 threshold, in an intervention zone. Still, it remains shy of the year-to-date (YTD) high of 160.72 set on April 30, the same day the pair plunged nearly 500 pips amid the BoJ's market intervention.

UOB’s Quek Ser Leang and Lee Sue Ann report that AUD/USD spiked to 0.7071 before sliding to 0.7005 and closing at 0.7027. They see slightly stronger downside momentum but doubt a sustained break below 0.7000 in the very near term.

The US Dollar Index (DXY) trades with a cautious tone near the 99.90 region on Tuesday as investors position ahead of Wednesday's highly anticipated United States (US) Consumer Price Index (CPI) report, with inflation expected to tick higher in May.

A New York Times article revealed that the US and Iran are close to agreeing on four nuclear themes, according to US officials and diplomats negotiating with Tehran, which could halt Iran’s nuclear program for 15 years or so.

Meme coins are struggling to extend their recent rebound on Tuesday as bearish momentum re-emerges following the massive correction in the previous week. Dogecoin (DOGE) trades lower after rejecting key resistance; Shiba Inu (SHIB) remains under pressure; and Pepe (PEPE) shows signs of exhaustion.

The US Dollar (USD) rallied to near 100.10 on Friday, rising from a daily low of 99.16, after the US Nonfarm Payrolls (NFP) report showed the economy added 172K jobs in May, well above the 85K expected, reinforcing expectations that the Federal Reserve (Fed) could raise interest rates later this yea

BNY’s Bob Savage underscores renewed stress in parts of EM Asia, with Indonesia’s Rupiah weakening beyond 18,000 and Korean Won pressured despite a strong current account surplus.

India FX Reserves, USD increased to $682.32B in May 25 from previous $681.38B

Silver price bounces off weekly lows of $72.47, near the $74.00 level, up over 1.70%, as market mood is mixed, with investors rotating out of technology stocks and into other sectors, even though tensions around the Middle East conflict remain high.

The Euro (EUR) is ticking up for the second consecutive day against the British Pound (GBP) on Thursday, although it remains capped below 0.8650 so far, with the one-week low of 0.8632 at a short distance.

BNY's Bob Savage notes that most MENA (Middle East and North Africa) currencies saw net selling in May after a brief April respite, with fixed income also underperforming.

The US Dollar Index (DXY) strengthened near the 99.20 price zone after the latest JOLTS Job Openings report surged to 7.618 million in April from 6.887 million in March, well above market expectations of 6.88 million.

The USD/CHF edges modestly higher, gaining 0.21% as buyers test the current week’s high of 0.7884 after bouncing off daily lows of 0.7844.

BNY's Bob Savage flags continued KRW weakness despite stronger South Korean inflation, which supports a hawkish Bank of Korea (BoK) stance. In Indonesia, Purchasing Managers' Index (PMI) data show fragile manufacturing, while inflation has moved above expectations even after a 50 bp rate hike.

Dogecoin (DOGE) remains heavily pressured on Tuesday as the leading meme coin extends its correction below the pivotal $1.0000 level.

UOB’s Quek Ser Leang and Lee Sue Ann report AUD/USD fell sharply to 0.7135 before recovering to 0.7161 on Monday. They see slightly stronger downside momentum, with scope to retest 0.7135 while keeping 0.7100 as key support.

The USD/CHF forms a ‘bullish piercing’ chart pattern, which confirms further upside, but it faces key resistance at the 50-day Simple Moving Average (SMA) at 0.7868. At the time of writing, the pair is trading at 0.70% gains, around 0.7860.

Ripple (XRP) is gaining mild traction, trading around $1.32 at the time of writing on Friday, as the crypto prices broadly stabilize.

India FX Reserves, USD fell from previous $688.89B to $681.38B in May 18

South Africa Private Sector Credit increased to 9.2% in April from previous 8.5%

Dogecoin (DOGE) faces intense selling pressure, extending its decline below $0.1000 at press time on Thursday. Roughly $10 million has been wiped out from DOGE futures over the last 24 hours, reflecting a sell-off wave under broader market pressure.