Forex Daily Forecast, Analysis and Prediction

The British pound has rallied rather significantly during the trading session here on Monday, and the Swiss franc continues to be a funding currency.

The climb higher in the USD/SGD has continued this morning and values are being sustained.

The upwards track of the USD/BRL likely has some in Brazil nervous.

The German Dax has shown the market to show upward pressure with the €18,000 level, an area that a lot of people will be looking at as and an area of interest.

The Swiss franc in the Japanese yen are both very low yielding currencies and are quite often used to fund so-called “carry trades.”

The Parisian CAC 40 has initially rallied during the training session on Monday, but has given back in the early gain.

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.