EUR/USD_ USD/JPY and AUD/USD Forecast – US Dollar Continues to Slide

EUR/USD_ USD/JPY and AUD/USD Forecast – US Dollar Continues to Slide

The US dollar continues to slide

How people in the UK can take advantage of Trump’s sliding US dollar

Dollar Holds Steadier But All Eyes Will Be On The US Jobs Report Tomorrow - Data Intelligence

The dollar is keeping steadier so far today but it feels mostly like a bit of a breather after having been beaten down again since last week. EUR/USD is down 0.2% to around 1.1777 but the drop today is the first after nine straight days of gains. In any case, large option expiries at 1.1775 and 1.1800 are also still in play for the day ahead. EUR/USD hourly chart Adding to that is near-term support from the 100-hour moving average (red line), s…

Dollar Continues to Slide South as World Expresses No Confidence

The first six months of this year have been the dollar’s worst in 50 years. It is comparable to the 1973 crisis when Nixon decided to remove the gold backing of the dollar. In the first 6 months the dollar has fallen 10% as a world currency along with its bond market. The lack of confidence in the dollar is also demonstrated in the rise of the price of gold by 25%. The fall of the dollar is a far bigger problem than the spastic edict tariffs of …