US Dollar Index holds as mixed US data limits upside

US Dollar Index holds as mixed US data limits upside

The US Dollar Index (DXY) trades nearly unchanged around 100.70 on Friday after surrendering part of its initial advance. The Greenback received temporary support from stronger US housing starts and consumer confidence, but weaker building permits and subdued industrial production prevented a sustained rise. US Housing Starts climbed to an annualized 1.43 million in June, […]

Bulls pause below 0.8150 as momentum fades

Bulls pause below 0.8150 as momentum fades

USD/CHF trades with a downside bias on Friday as the Swiss Franc (CHF) outperforms its major peers, while the US Dollar (USD) is little changed. At the time of writing, the pair trades around 0.8074 after reaching 0.8149 earlier this week, its highest level since August 2025. From a technical perspective, USD/CHF is still in […]

Gold climbs as Iran war premium revives Fed hike risk

Gold climbs as Iran war premium revives Fed hike risk

Gold edges higher by some 0.92% on Friday as the US-Iran conflict boosted energy prices, which ultimately drive inflation higher, increasing expectations that the Federal Reserve (Fed) might need to raise interest rates. At the time of writing, the XAU/USD trades at $4,013, after reaching a daily low of $3,959. XAU/USD rises as Middle East […]