Forex Daily Forecast, Analysis and Prediction

The US dollar initially fell during the trading session on Monday but has seen buyers step in to pick it up near the 1.3725 CAD level.

The S&P 500 initially tried to rally during the course of the trading session on Monday.

The Aussie dollar initially tried to rally during the trading session on Monday.

The GBP/USD pair continued its freefall as signs emerged that the UK was beating the US on inflation.

Gold has been a bit all over the place during the early hours on Monday, and perhaps a little bit of relief is starting to creep into the market that the Middle Eastern War hasn’t expanded.

The EUR/USD pair has crashed for five straight days as the US dollar has staged a strong comeback.

The Bitcoin market has rallied pretty significantly during the early hours on Monday after the weekend provided a lot of fireworks in the spot market.

Price falls firmly to new 5-month low.

The BTC/USD pair remained under pressure as the US dollar rally continued.

The USD/JPY continued its remarkable rally last week amid continued signals of further tightening by the US Federal Reserve.

The GBP/USD continued its decline last week as the US Dollar Index (DXY) gained strength.

The EUR/USD fell to a five-month low of 1.0622 support amid risk aversion and a negative outlook for the future of ECB policy at the end of last week's trading.

The pair rose in early trading today, at the same slow upward pace.

The upward breakout trend in gold prices continues with only a slight and temporary pause.

Upon the higher than expected U.S inflation numbers published last Wednesday the USD/ZAR saw a swift bolt upwards.