Forex Daily Forecast, Analysis and Prediction

The DAX continues to see a lot of noise, but on Friday, it was interesting to see the reaction to the Supreme Court striking down of tariffs that have been levied by the Trump Administration.

EUR/USD Forex Signal: US Tariff Confusion Sends Price Higher

Silver rallied on Friday as there were a multitude of news announcements for the session coming out of the US, and other places.

The USD/MXN exchange rate continued its strong downward trend, reaching its lowest level since June 2024 as the Mexican peso gained momentum after the Supreme Court ruling on Donald Trump's tariffs. It dropped to 17.1325 on Friday, much lower than last year's high of 21.28.

The US dollar fell against the Mexican peso on Friday as we have seen a lot of various news releases and announcements in the USA during trading.

The GBP/USD exchange rate has retreated sharply in the past few weeks, moving from the year-to-date high of 1.3865 to the current 1.3478. It retreated after the UK published encouraging consumer inflation data on Wednesday.

Bitcoin price was stuck in a tight range on Monday, continuing a consolidation phase that has been going on for weeks. The BTC/USD pair was trading at 68,430 on Monday, down sharply from the all-time high of 126,200.

The AUD/USD exchange rate held steady near the year-to-date high of 0.7155 after key macro data from Australia and the United States. It was trading at 0.7085 on Monday as focus shifted to the upcoming US consumer confidence and Australia jobs report.

The WTI crude oil price continued rising, reaching its highest level since August last year. It jumped to $67, up sharply from last December’s low of $55, as tensions between the United States and Iran have escalated.

The EUR/USD exchange rate remained in a narrow range after a series of important events and macro data. It was trading at 1.1780, down from the year-to-date high of 1.2095.

Major markets outlook: USD pairs, S&P 500, Gold & Bitcoin. Key technical zones, breakouts and downside risks for the week ahead.

Coffee prices came under intense pressure as global supply dynamics improved despite the soaring Brazilian real. It dropped to a low of $2.80on Friday, its lowest level since July last year, and by 35% below the highest level in 2025.

The US dollar has rallied a bit during the early part of the trading session on Thursday as traders are looking forward to the PCE Price Index announcement on Friday.