FxAnalysis

AUD/USD dips as markets digest hawkish Fed tone and strong Australian inflation, with traders eyeing the RBA’s next move for further direction.

GBP/USD extends its slide below key support as the Supertrend and RSI point to more downside, with traders eyeing 1.3000 ahead of the BoE rate decision.

EUR/USD broke key support near 1.1535 after hawkish Fed and cautious ECB stances, signaling more downside toward 1.1400 in the short term.

EUR/USD registered losses for three consecutive days and closed the previous week in negative territory. The pair stays relatively quiet early Monday and trades below 1.1550.

The British Pound dipped on Friday, showing mild recovery, but dollar strength and weak UK fundamentals suggest rallies may be short-lived.

The U.S. dollar continues to climb against the Swiss franc, with support at 0.79 and potential for further gains if 0.81 breaks, favoring dip-buying strategies.