Some global investment banks have revised their forecasts for the Chinese yuan higher, citing the country’s export competitiveness and stable trade relations with the United States. The Chinese currency has steadily strengthened this year, rising nearly 3% against the US dollar to 6.8040 per dollar on Monday. The yuan has also gained about 2.6% against
The British pound rose on Monday but remained close to its lowest level since early April, as investors weighed growing inflation concerns linked to rising energy prices against deepening political uncertainty in the UK. Sterling climbed 0.4% to $1.337 during the session after earlier falling as much as 0.15% to $1.3304, its weakest level since
Dogecoin cryptocurrency can be expected to fall to the next support level 0.1050 (which reversed the price at the start of May). Dogecoin reversed from resistance zone Likely to fall to support level 0.1050 Dogecoin cryptocurrency recently reversed down from the resistance zone between the resistance level 0.1165 (former support from December and January, as
Surging US yields bolster the dollar, while Middle East oil shocks trigger inflation fears, plunging gold and weakening European currencies. Resilient US Economy and Surging Treasury Yields Propel the US Dollar The greenback is surging as robust US data and a hawkish Federal Reserve shift rewrite market expectations. Exceptional retail sales and industrial production have
The US dollar strengthened this week, supported by rising US Treasury yields as resilient macroeconomic data and persistent inflationary pressures increased expectations of additional Federal Reserve rate hikes later this year. The US Dollar Index (DXY), which tracks the Greenback against a basket of major currencies, climbed to a five-week high of 99.20 at the
The British Pound weakened against the US Dollar for the fourth consecutive session on Thursday, as political uncertainty in the UK intensified and investors shifted towards the stronger US currency. Sterling was trading at 1.3337 against the Dollar at the time of writing, pressured by growing concerns surrounding instability within the UK government and fears
Both headline and core inflation in April beat the consensus, reducing the likelihood of the Fed cutting this year. In the aftermath of 12 May’s data on inflation in the USA, the US dollar has gained at least slightly against all other major currencies while gold has declined slightly. Traders have also concentrated on the
The cryptocurrency market witnessed a massive surge in volatility and momentum on May 14, 2026, as Hyperliquid (HYPE) solidified its position as a dominant force in the decentralized finance (DeFi) landscape. Following a series of high-profile institutional announcements and a fundamental shift in its stablecoin strategy, HYPE emerged as a standout performer. This movement has
Ethereum cryptocurrency be expected to rise to the next resistance level 2400.00, which has been reversing the price from April. Ethereum reversed from support zone Likely to rise to resistance level 2400.00 Ethereum cryptocurrency previously reversed up from the support zone between the key support level 2225.00 (former low of impulse wave I from
The S&P 500 Index is trading at an all-time high and approaching the next major milestone: 7,500 points. At the end of March, when the same index was below 6,500 points, there were few optimists who had joined the ranks of the Wall Street bulls. Pretiorates was one of them, and that’s where we remain.