Dave Taylor

The US Dollar has slipped against almost every major currency so far in August, with the latest bout of weakness increasingly being framed as something more significant than another adjustment in Federal Reserve expectations.

USD/CNY is near 6.72 as BofA and MUFG converge on 6.60, with exporter conversion and policy tolerance giving the Yuan room to strengthen

The Gold price has surged above $4,650 as BofA sees policy uncertainty and stronger investment demand supporting a move towards $5,000 in 2027

The Bitcoin price is holding near $79,000 after a 25% August surge, with fresh forecasts ranging from $83,000 to a possible $126,000 retest

The Euro to Dollar ( EUR/USD ) exchange rate is holding around 1.1670 on Wednesday after a strong late-August advance carried the pair through several resistance levels that had frustrated Euro bulls earlier this month.

Foreign exchange analysts predict USD/INR easing towards 94 as RBI inflows steady the Rupee, before oil, yields and Dollar demand lift the pair back towards 96

BofA analysts see silver reaching $75 in 2027, but its latest forecast also points to a sizeable correction before the next leg higher

The Oil price has fallen sharply from last week's highs, but Iran sanctions and severely restricted Hormuz traffic keep the risk of another move towards $94 alive

Rabobank predicts the Euro-Pound rate at 0.87 in three months as fading BoE hike bets and the October Budget threaten Sterling’s recent resilience

The Bitcoin price is holding near $79,000 after a 25% August surge, with fresh forecasts ranging from $83,000 to a possible $126,000 retest