USD/CHF Forecast: SNB Policy Support Dollar Strength
The US dollar advanced against the Swiss franc on Thursday, driven by carry trade flows and expectations that the SNB will resist further franc appreciation.
S&P 500 Forecast: Seeing Dip Buying
The S&P 500 showed resilience on Thursday, with dip buyers pushing the index higher as investors eye upcoming earnings reports and strong US retail data.
EUR/USD Forecast: Slips Further as Strong US Data Fuels Dollar Strength
The euro weakened further against the US dollar on Thursday, as strong US data and diverging central bank outlooks continue to support defensive dollar flows.
AUD/USD Forecast: Choppy Near 0.67 as Rate Hike Outlook Supports Aussie Dollar
The Australian dollar hovered near the 0.67 level on Thursday, with choppy trading driven by RBA policy expectations and China's improving growth outlook.
USD/ZAR Forecast: Carry Trade and Commodity Strength
The US dollar extended losses against the South African Rand on Thursday, driven by strong carry trade flows and bullish momentum in commodity markets.
