Ripple (XRP) remains in a dominant bearish trend, trading at $10.08 as of Monday. This marks the third straight day the remittance token has extended its correction, with targets at the next key support levels of $0.04 and $1.00, respectively.

India FX Reserves, USD increased to $674.19B in June 29 from previous $666.93B

OCBC’s Christopher Wong reports that recent Taiwan Dollar (TWD) weakness is moderating, partly due to Central Bank of the Republic of China (CBC) guidance that banks execute large USD sell orders immediately, bringing forward natural supply.

The US Dollar (USD) navigated a narrow range on Thursday, building on the previous day’s losses and briefly reaching multi-day troughs.

Ripple (XRP) exhibits a subtle rebound outlook, trading near $1.10 at the time of writing on Thursday. The headwinds in the crypto market are largely attributable to mounting investor uncertainty amid renewed tensions in the Middle East.

OCBC Bank’s Sim Moh Siong and Christopher Wong note that Taiwan Dollar (TWD) remains on the back foot, with USD/TWD above 32, driven mainly by foreign equity selling and dividend/remittance-related US Dollar (USD) demand rather than weaker fundamentals.

Dogecoin (DOGE) edges lower toward support at $0.07 at the time of writing on Wednesday. The meme coin reflects a broader sell-off in the crypto market, primarily attributed to uncertainty over tensions in the Middle East.

MUFG’s Lloyd Chan highlights that external pressures on Asia FX persist as the US Dollar and US Treasury yields stay firm, with markets fully pricing another Fed hike by October.

United Overseas Bank’s (UOB) Quek Ser Leang notes AUD/USD has retreated from recent highs after failing to clear resistance near 0.6980.

The US Dollar Index (DXY) trades near the 101.00 area, recovering modestly after two days of running in place as investors digest softer US labor data and cautious comments from Federal Reserve (Fed) officials.

Ripple (XRP) edges lower while trading around $1.13 at the time of writing on Tuesday. The remittance token upholds a broader bearish bias, attributed to softening retail interest and the lack of strong catalysts to prevent rallies from being sold as investors appear to prefer short-term gains.

The Euro (EUR) has failed to draw support from the upbeat German industrial figures released earlier on Tuesday and consolidates losses at one-year lows against the British Pound (GBP).

Dogecoin (DOGE), Shiba Inu (SHIB) and Pepe (PEPE) meme coins are trading lower on Tuesday as bullish momentum fades following last week's rally. DOGE retreats after failing to overcome a resistance level, while SHIB remains capped below a descending trendline.

The US Dollar Index (DXY) remains neutral near the 100.90 level at the end of the American session on Monday as investors digest hawkish comments from Federal Reserve (Fed) Governor Christopher Waller and resilient United States (US) services data.

The Euro (EUR) remains depressed near one-year lows against the British Pound (GBP) on Monday, hitting session lows below 0.8560 after pulling back from Friday’s highs at 0.8575.

Ripple (XRP) exhibits strong recovery prospects, trading above $1.10 on Friday. This rebound aligns with the broader crypto market and can be attributed to easing geopolitical tensions in the Middle East and growing appetite for risk assets.

India FX Reserves, USD dipped from previous $672.59B to $666.93B in June 22

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its losses for the second successive day, trading around 100.60 during the early European hours on Friday.

United Overseas Bank’s (UOB) Quek Ser Leang reports USD/CNH is consolidating after a prior decline to 6.7865, with prices oscillating between 6.7911 and 6.8025 and closing at 6.7948. He expects intraday action to remain confined to 6.7860–6.7990.

The US Dollar Index (DXY) came under pressure near the 100.90 level after the latest United States (US) employment report showed a clear slowdown in hiring. Nonfarm Payrolls rose by only 57,000 in June, while May’s gain was revised down to 129,000 from 172,000.

United Overseas Bank’s (UOB) Quek Ser Leang notes AUD/USD has slipped into a tight consolidation after a strong rebound to 0.6930, trading between 0.6883 and 0.6921 and closing at 0.6894. He expects intraday range trading between 0.6880 and 0.6915.

UOB’s Quek Ser Leang notes USD/CNH slipped to 6.7865 before rebounding, with oversold conditions suggesting limited further downside and an intraday 6.7860–6.7990 range.

United Overseas Bank’s (UOB) Quek Ser Leang notes that USD/CNH remains confined to a tight range, with the Dollar expected to trade between 6.7940 and 6.8080 in the near term.

The US Dollar Index (DXY) traded on a neutral stance near the 101.20 level on Tuesday as investors digested mixed United States (US) data and hawkish Federal Reserve (Fed) commentary.

Ripple (XRP) is holding above the key $1.00 psychological support level at the time of writing on Tuesday, even as the market endures a protracted downturn that began in mid-June.

The Euro (EUR) trades lower against the British Pound (GBP) for the second consecutive day on Tuesday, with price action approaching 11-month lows at 0.8600.

United Overseas Bank’s (UOB) Quek Ser Leang notes that AUD/USD remains under mild pressure, with intraday bias tilted lower after a narrow range session. Any decline is expected to stay within 0.6865–0.6900, with a clear break below 0.6865 seen as unlikely.

South Africa Private Sector Credit fell from previous 9.2% to 8.57% in May

The US Dollar Index (DXY) lost some momentum on Monday, trading near 101.10 but remaining close to recent highs, as investors took profits ahead of key US labor market data later in the week.

India FX Reserves, USD up to $672.59B in June 15 from previous $671.63B