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Forex Today: Post-NFP US Dollar selloff pauses

Here is what you need to know on Monday, August 10:

Source  Fxstreet1786344675
XRP Price Forecast: XRP nears critical $1.00 support

Ripple (XRP) remains pressured on Friday, trading around $1.03 at the time of writing. The token appears to hold this current level as support but lacks a catalyst to sustain a knee-jerk rebound toward the next key resistance at $1.10.

Source  Fxstreet1786105800
Bitcoin Weekly Forecast: Can bulls weather the market uncertainty?

Bitcoin (BTC) remains resilient, trading near $64,100 on Friday, with bulls defending key support despite cautious market sentiment. US-listed spot Bitcoin Exchange-Traded Funds (ETFs) showed strong inflows through Thursday, pointing to renewed institutional demand.

Source  Fxstreet1786096429
Gold vs Bitcoin Price Prediction: Breakout momentum builds on Strait of Hormuz deal hopes

Gold (XAU/USD) is accelerating its rebound near $4,250 at the time of writing on Wednesday amid easing geopolitical tensions after United States (US) President Donald Trump said that a deal to reopen the Strait of Hormuz was imminent.

Source  Fxstreet1785947579
Ripple Price Forecast: XRP bears eye $1.00 as institutional, retail demand fades

Ripple (XRP) edges lower toward the short-term $1.05 psychological support level at the time of writing on Wednesday.

Source  Fxstreet1785933000
Euro holds gains against the Pound awaiting Eurozone and UK Services PMIs

The Euro (EUR) remains practically flat against the British Pound (GBP) on Wednesday, trading at 0.8573 at the time of writing and holding gains from the last two days after bouncing from the 0.8540 area on Friday.

Source  Fxstreet1785913191
Chinese Yuan: Strengthening toward 6.7300 against US Dollar – UOB

United Overseas Bank’s (UOB) Quek Ser Leang sees USD/CNH trading slightly higher within a developing range, with intraday levels expected between 6.7500 and 6.7620. On a 1–3 week horizon, the pair could continue to edge lower toward 6.7300 as long as 6.7640 holds as strong resistance.

Source  Fxstreet1785878220
Asia FX: Yen-led winners and export backdrop – MUFG

Michael Wan at MUFG explains that South Korean Won (KRW), Thai Baht (THB), Singapore Dollar (SGD) and, to a smaller extent, Philippine Peso (PHP) are the main Asian FX beneficiaries if Japanese Yen strength persists, given their higher sensitivity to USD/JPY.

Source  Fxstreet1785856528
Ripple Price Forecast: XRP extends technical weakness despite whales increasing exposure

Ripple (XRP) declines for a second day in a row, trading around $1.07 at the time of writing on Tuesday. The remittance token has continued to sustain a bearish outlook, aligning with the broader cryptocurrency market.

Source  Fxstreet1785846600
Dogecoin Price Forecast: Bullish divergence hints at DOGE recovery

Dogecoin (DOGE) steadies near $0.070 at the time of writing on Tuesday after falling 3.5% last week. While the broader trend remains bearish, improving derivatives metrics and bullish divergences in momentum indicators suggest that selling pressure may be easing, hinting at a potential recovery.

Source  Fxstreet1785824626
Euro hits session lows against the British Pound following Eurozone Inflation data

The Euro (EUR) edges lower against the British Pound (GBP) on Friday, hitting session lows at 0.8554 following the Eurozone’s preliminary inflation figures from July.

Source  Fxstreet1785490758
Forex Today: US Dollar extends sell-off after weak US growth, Yen surges on suspected intervention

The US Dollar (USD) falls sharply during the American session on Thursday after United States economic growth missed expectations and underlying inflation moderated.

Source  Fxstreet1785445249
Ripple Price Forecast: XRP builds recovery momentum as whales increase exposure

Ripple (XRP) rises toward the pivotal $1.10 resistance on Thursday, marking three consecutive days of gains. This neutral-to-slightly bullish outlook follows the Federal Reserve (Fed) decision to leave interest rates unchanged in the 3.50%-3.75% range.

Source  Fxstreet1785416400
Forex Today: US Dollar tumbles after divided Fed hold, Oil surges on Middle East escalation

The US Dollar (USD) falls sharply during the American session on Wednesday after the Federal Reserve (Fed) left interest rates unchanged. The Federal Open Market Committee (FOMC) maintained the federal funds target range at 3.50%–3.75% in a divided 9–3 vote.

Source  Fxstreet1785358201
Forex Today: US Dollar eases ahead of Fed as Oil and Gold extend losses

The US Dollar (USD) trades slightly lower on Tuesday as investors reduce some exposure ahead of Wednesday’s Federal Reserve (Fed) monetary policy announcement.

Source  Fxstreet1785269714
Dogecoin Price Forecast: Bearish sentiment and technicals point to deeper correction risk

Dogecoin (DOGE) remains under pressure, trading below $0.071 on Tuesday, having fallen over 4% in the previous day. The leading meme coin continues to face mounting selling pressure as social dominance fades, funding rates remain negative, and bearish traders increase their short positions.

Source  Fxstreet1785217481
Forex Today: US Dollar softens as Oil plunges on Middle East pause

The US Dollar (USD) traded mostly unchanged on Monday as a temporary pause in hostilities between the United States and Iran reduces demand for safe-haven assets. The US Dollar Index (DXY) traded lower earlier in the session but moved closed to breakeven by the late American afternoon.

Source  Fxstreet1785181797
LatAm FX: Carry appeal faces Fed test – BNY

Geoff Yu at BNY sees Latin American (LatAm) assets benefiting again from improved terms of trade for energy and soft commodity exporters, with strong real-rate anchors supporting currencies and duration.

Source  Fxstreet1785179220
Ripple Price Forecast: XRP recovery outlook dims amid fading demand

Ripple (XRP) maintains narrow range trading on Monday, with support at $1.10. The token's upside remains largely constrained, as major moving averages trend downward, aligning with low demand in both the institutional and retail markets.

Source  Fxstreet1785155400
XRP Price Forecast: XRP remains pressured despite the launch of institutional-focused Ripple Mint

Ripple (XRP) slides toward the short-term $1.10 support on Friday, as broader crypto market sentiment weighs on crypto assets. The sell-off mainly stems from fears of inflation in the United States (US) amid the ongoing war in the Middle East and rising Oil prices.

Source  Fxstreet1784898000
XRP Price Forecast: XRP trades sideways as Ripple targets 10 million agentic AI transactions

Ripple (XRP) is losing momentum on Thursday, albeit gradually, trading above $1.13.

Source  Fxstreet1784814300
Philippine Peso: Under pressure from Oil surge – BNY

BNY’s Geoff Yu highlights that the Philippine central bank has intervened as higher Oil prices pressure Asian importers.

Source  Fxstreet1784753580
XRP Price Forecast: XRP correction fades amid returning capital inflows and volume

Ripple (XRP) retains a slightly bullish outlook on Wednesday despite logging a minor correction from the supply range near $1.15.

Source  Fxstreet1784723400
Forex Today: US Dollar and Oil continue to rise as tensions in Middle East escalate further

Here is what you need to know on Wednesday, July 22:

Source  Fxstreet1784705707
Chinese Yuan: Upside bias holds near 6.7600 against US Dollar – UOB

United Overseas Bank’s Quek Ser Leang notes that USD/CNH retains a downside bias in both the 24-hour and 1–3 week horizons, with key support around 6.7600 and strong resistance at 6.7820.

Source  Fxstreet1784667420
Forex Today: US Dollar rises as Middle East tensions lift Oil

The US Dollar (USD) advances on Tuesday as escalating tensions between the United States (US) and Iran push energy prices higher and revive concerns that inflation could remain elevated. The Greenback also benefits from safe-haven demand despite softer US inflation and employment indicators.

Source  Fxstreet1784666994
Ripple Price Prediction: XRP gains momentum amid mild growth in on-chain activity and volume

Ripple (XRP) ticks up and trades around $1.13 at the time of writing on Tuesday.

Source  Fxstreet1784637000
Ripple and Stellar outlook: Mixed signals keep traders at a crossroads

Ripple (XRP) and Stellar (XLM) trade within tight ranges on Tuesday as traders await the next directional move. XRP’s technical indicators suggest bearish momentum is fading, while XLM continues to consolidate near a critical support zone.

Source  Fxstreet1784607331
Chinese Yuan: Upside bias against US Dollar below 6.7820 – UOB

United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann see USD/CNH consolidating intraday between 6.7710 and 6.7820 after quiet recent trading. For the next 1–3 weeks, the pair is expected to trade with a downside bias toward 6.7600, provided 6.7820 strong resistance is not clearly breached.

Source  Fxstreet1784590380
Ripple Price: XRP bears retail control despite increasing retail demand

Ripple (XRP) faces sustained selling pressure as bears maintain control on Monday. The remittance token has struggled to break above the $1.10 resistance since last Thursday, as risk sentiment weighs.

Source  Fxstreet1784548800
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