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UK Inflation

2 STORIES
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Detailed close-up of various Euro banknotes on a white surface, perfect for finance-related content.
FORECASTS17D
US Dollar Forecast: DXY Under Pressure as Fed Minutes, ECB Bets and UK Inflation Drive FX
The U.S. Dollar Index remains fragile near 99.55 as traders await July Fed minutes for fresh signals on rates and inflation. EUR/USD and GBP/USD are holding firm above key trendline and EMA support zones, with policy divergence setting the tone for August 19 trading.
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Close-up of Euro banknotes in different denominations, symbolizing wealth and finance.
FORECASTS45D
Dollar Softens as EUR/USD Rebounds Before ECB Decision and USD/JPY Holds Near 163.00
The U.S. Dollar Index lost ground even as Treasury yields and oil prices rose, leaving traders focused on resistance at 101.15 to 101.30. EUR/USD found support ahead of the ECB decision, while GBP/USD reacted to UK inflation data and USD/JPY stayed close to 163.00 amid intervention concerns.
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