US Dollar

The Reserve Bank of New Zealand (RBNZ) held its Official Cash Rate (OCR) steady at 3.25% last night, in line with market expectations. The Monetary Policy Committee (MPC) signaled that while annual inflation is likely to edge toward the upper end of the 1–3% target band in mid-2025, it is...

The USDJPY peaked earlier today near a key swing area between 147.01 and 147.338 and has since rotated lower, signaling potential exhaustion from buyers. The failed push higher highlights resistance and puts focus on support levels below. The next key target lies within the 145.92 to 146.26 zone — a...

The GBPUSD trades between well-defined technical levels, offering a clear battleground for buyers and sellers. On the downside, today’s session low stalled at a familiar swing level near 1.3561, a level that also provided support back on June 24 (see green circles). Although the pair briefly broke below this level...

The USDCHF is under pressure, falling to new session lows and testing the 200-hour moving average at 0.7948. The pair has also slipped below the 100-hour moving average at 0.79568, shifting the near-term bias more in favor of the sellers for now. Traders now face a critical decision point. A...

THe USD is higher vs all the major currencies but little changed vs each to kickstart the day on July 9. A look at the major currencies vs the dollar show the following modest changes and ranges from the highs to the lows: Euro: +0.17% | Range: 1.1729 – 1.1701...

The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB)

People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value...

The USDCAD fell in the Asian and the early European session, and found strong support at its 200-hour moving average (currently at 1.3632) and the low of the swing area near 1.3630, helping to stall the early decline in today’s trading. The bounce from that support area kept the buyers...

The USDCHF found solid footing during the Asian and European morning sessions, bouncing twice off its 200-hour moving average at 0.7952 (see green line on the chart above). That level, along with a break back above the 100-hour MA at 0.7945 last week, has helped tilt the short-term bias in...

The USD is mixed vs the 3 major currency pairs – the EUR (-0.13), the JPY (+0.37%), and the GBP (+0.19%) to kickstart the US/North American session. The pair is higher vs the AUD after RBA held its policy rate steady at 3.85%, defying the expectations of a 25 basis...