USD in the spotlight: latest news

Gold prices have surged over 12% since hitting an October low, with XAU/USD reaching a record closing high. The current emphasis is on whether buyers can push through this key resistance level as the year comes to a close.

The Pound Sterling (GBP) achieved its third consecutive week of gains, surpassing the 1.3400 level. This upward trend indicates a positive outlook for the currency as it continues to strengthen.

The US Dollar is declining towards the 98 mark as market expectations grow for further easing by the Federal Reserve. With upcoming Non-Farm Payroll and Retail Sales data, pressure is mounting on the DXY, while GBP/USD and EUR/USD are also reflecting these trends.

Australian employment data has tempered the momentum of AUD/USD as the pair approaches significant resistance levels and bullish indicators start to diminish.

Wall Street strategists predict a drop in the value of the US dollar in 2026, largely due to anticipated interest rate cuts by the Federal Reserve, as well as movements in other major currencies.

The U.S. dollar remained stable on Friday but is on track for its third consecutive weekly decline due to expectations of interest rate cuts next year. Meanwhile, the British pound steadied as the UK economy faced contraction.

The weekly forecast for USD/CAD indicates a bearish trend due to a weakening dollar following recent rate cuts. Meanwhile, stable oil prices are providing ongoing support for the Canadian dollar, and critical Consumer Price Index (CPI) reports are expected to influence market movements in the coming week.

The US Dollar has declined for the third consecutive week and is poised to finish its second consecutive month of losses. Analysts suggest that further losses for the Greenback are still a possibility.

The USD/JPY forecast will be influenced not only by US economic data but also by any unexpected developments resulting from the Bank of Japan's policy decision scheduled for next week.

The DXY index has stabilized after reaching its lowest point in October, as expectations for a Federal Reserve rate cut continue to impact prices. Meanwhile, yields have rebounded, and traders are monitoring important moving averages.

The U.S. dollar gained ground against major currencies on Friday following a recent decline. However, it remains poised for its third consecutive weekly drop, influenced by various economic factors. Meanwhile, the British pound weakened after the release of GDP data.

The US Dollar has weakened following the Federal Reserve's indication of a wait-and-see approach. Traders are closely monitoring jobless claims as both GBP/USD and EUR/USD continue to experience bullish momentum.

The GBP/USD exchange rate is declining, currently around 1.3365 on Thursday, as traders anticipate a potential interest rate cut by the Bank of England next week. This decrease is also influenced by a slight recovery in the US dollar.

Gold prices have declined from a peak of $4250 per ounce following the Federal Open Market Committee meeting to approximately $4206 per ounce in early trading in the United States. Investors are evaluating the implications of the Federal Reserve's decisions.

EUR/USD is currently trading at approximately $1.1720, reflecting an increase of nearly 0.8% over the past two sessions. This rise follows the Federal Reserve's third consecutive rate cut of 25 basis points, which has led to a decline in the value of the US Dollar.

The USD/INR currency pair experienced significant fluctuations following the FOMC decision, with added volatility resulting from uncertainties expressed during the press conference.

Spot Gold continued its upward trend on Thursday, trading close to the December peak of $4,264.62. The XAU/USD has risen for three consecutive days, fueled by various market factors.

The Euro to Dollar exchange rate (EUR/USD) rose above 1.17 following divisions within the Federal Reserve regarding interest rate cuts, which created uncertainty for the dollar despite market expectations of a hawkish stance.

The DXY index continues to decline due to the Federal Reserve's rate cut, disappointing jobless claims, and decreasing Treasury yields, prompting widespread selling of the dollar. Traders are closely monitoring a critical support level around 98.307.

Foreign exchange analysts at Lloyds Bank predict that the US dollar will weaken against the euro, Norwegian krone, Swiss franc, and Australian dollar by 2026.

Gold (XAU/USD) is forecasted to find crucial resistance at $4250 per ounce. The mixed outlook from the Federal Reserve and the geopolitical risks involving the US and Venezuela are currently at the forefront of market attention.

Societe Generale forecasts that the USD/JPY exchange rate will gradually shift towards a stronger yen. The bank suggests that the macroeconomic environment is finally changing after years of divergence.

The US Dollar strengthens following better-than-expected JOLTS data, shifting attention to upcoming wage figures. The GBP/USD pair maintains its channel support, while EUR/USD is holding steady at 1.1605 amid cautious market conditions.

US stocks are anticipated to show little movement as investors await the Federal Reserve's interest rate decision later today. Policymakers are expected to announce their latest stance on rates during this meeting.

GBP/USD is currently testing resistance levels as the Federal Reserve's decision approaches. Traders are closely monitoring for a potential breakout from the current range, which will influence the next movement of GBP/USD. The market appears to be at a critical juncture as the week progresses.