The US Dollar (USD) traded near the 101.00 level on a positive note on Monday, near the 13-month high of 101.13 reached on Friday, as investors balanced softer Oil prices, renewed hopes for peace between the United States (US) and Iran, and expectations that the Federal Reserve (Fed) could remain re
Here is what you need to know on Monday, June 22:
The USD/CAD rises during the North American session, up by 0.27% on Friday and by over 1.34% in the week, with the pair staying upward biased and set to test higher prices seen last year. At the time of writing, the pair trades at 1.4175, after bouncing off daily lows of 1.4131.
Ripple (XRP) extends its bearish roll near $1.12 support on Friday, reflecting intense headwinds in the broader crypto market largely attributable to macroeconomic pressure.
The Euro (EUR) is pulling back against a stronger British Pound (GBP) on Friday, with the EUR/GBP pair trading at the 0.8665 area following rejection at one-month highs near 0.8685.
The US Dollar Index (DXY) firmed near 100.80 on Thursday, a level it hadn’t seen since May 2025, after the Federal Reserve (Fed) left interest rates unchanged in the 3.50%-3.75% range in Kevin Warsh’s first policy meeting as Fed Chair on Wednesday.
Here is what you need to know on Thursday, June 18:
The US Dollar Index (DXY) trades with a weaker tone near the 99.50 level as investors prepare for the Federal Reserve’s (Fed) policy decision, the first under Kevin Warsh as Chair.
Quek Ser Leang at UOB notes that USD/CNH’s earlier sharp decline has stalled into consolidation around 6.76, with intraday trading expected between 6.7540 and 6.7640.
SPX6900(SPX) meme coin surged more than 10%, trading above $0.380 at the time of writing on Tuesday. This rally came in as South Korea’s crypto exchanges Upbit and Bithumb announced on Tuesday the listing of the SPX token.
Here is what you need to know on Tuesday, June 16:
Hyperliquid (HYPE) extends a steady upward trend on Tuesday for the sixth consecutive day, approaching its $70 mark. Recurring inflow spikes in HYPE-focused Exchange Traded Funds (ETFs) reflect consistent institutional demand for the everything exchange token.
The US Dollar Index (DXY) lifted off 10-day lows to reach the 99.70 price zone even after Trump said it was “important that Oil is plummeting and stocks are rising.” However, caution remains as Trump also warned that there would be “no sanctions relief for Iran until they do what they are supposed t
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.
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