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USD Daily Review May 10, 2018

USD Daily Review for May 10, 2018

Wait-and-See RBNZ to Keep NZD/USD Under Pressure

The Reserve Bank of New Zealand (RBNZ) interest rate decision may keep NZD/USD under pressure should Governor Adrian Orr & Co. stick to the status


USD/CAD Rate Outlook Mired by Failed Attempt to Test 2018-High

USD/CAD struggles to retain the advance from earlier this month, with the pair at risk for further losses following the failed attempt to test the


US Dollar Index (DXY) Forecast: Did You Feel The Bears Tremble?

The US Dollar has enjoyed a chorus of bullish arguments that continue to play out as the unwind of the massive futures short position continues.


US Dollar Runs into Resistance Ahead of US Inflation (CPI)

The US Dollar has finally started to show some element of resistance, and with inflation numbers on the docket for tomorrow, the prospect of continued


US Dollar Rally Stalls but Uptrend to Remain in Place

US Treasury yields continue to stay elevated, underpinning US Dollar strength.


EUR, GBP and Gold All Punished by Strong USD

As the US Dollar continues to strengthen, the Euro, the British Pound and Gold are all under pressure.


DailyFX: Gauging U S Dollar Outlook Following FOMC Meeting

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EUR/USD and GBP/USD Forecast May 10, 2018

The EUR/USD pair went back and forth on Wednesday, showing signs of volatility yet again. At one point during the day, I thought that perhaps we were going t…


New Zealand Dollar Could Recover Losses on RBNZ Rate Decision

The New Zealand Dollar declined as the RBNZ left rates unchanged and forecasted them rising further out. Meanwhile, NZD/USD could recover some of its losses


Dow Advances Despite US-Iran Deal, US CPI and BoE Decision Targets GBP/USD

President Trump’s decision Tuesday to pull the US out of the Iran nuclear deal hasn’t capped the Dow or S&P 500 yet.


GBPUSD Muted After Mixed Data; Focus on Bank of England QIR

GBPUSD Muted After Mixed Data; Focus on Bank of England QIR


Strong U.S. Consumer Price Index (CPI) to Fuel EUR/USD Losses

Another pick up in the U.S. Consumer Price Index (CPI) may fuel the recent decline in EUR/USD as it puts pressure on the Fed to


Pound May Rise as BOE Sees Hikes Ahead, US Dollar Eyes CPI Data

The British Pound may turn higher as the BOE reiterates its intent to hike interest rates in the coming months while the US Dollar benefits


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