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.
MUFG’s Lloyd Chan reports broad Asia FX weakness versus the Dollar, with the Thai Baht underperforming. The Bank of Thailand has kept its policy rate at 1% as growth remains low and uneven and credit conditions soft.
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note AUD/USD’s sharp fall to 0.6883 before a modest recovery to 0.6901, with deeply oversold conditions pointing to near-term range trading between 0.6880 and 0.6920.
The USD/CHF extends its rally for the third straight day this week and refreshes year-to-date (YTD) highs, peaking at 0.8139, which is also an 11-month high. At the time of writing, the pair trades at 0.8124, up 0.34%.
The US Dollar Index (DXY) trades near 101.60 on Wednesday, at a one-year high as markets looked ahead to Thursday’s United States (US) Personal Consumption Expenditures Price Index (PCE), the Federal Reserve’s (Fed) preferred inflation gauge.
BNY’s Geoff Yu highlights that IMM volume is concentrated in commodity currencies, with AUD, NZD and NOK leading recent adjustments. NOK and CAD are seeing outflows linked to Oil sensitivity and modest Norges Bank tightening expectations, while NZD and AUD have underperformed since May.
The Euro (EUR) pares previous gains against the British Pound (GBP) on Tuesday.
Dogecoin (DOGE) remains under pressure, trading below $0.09 on Tuesday after failing to break above a key resistance zone and losing more than 7% last week. Weakening institutional interest, declining social dominance and a rise in bearish derivatives positioning continue to weigh on DOGE.
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.