AUD/USD (Australian dollar/US dollar)

AUD/USD remains supported near 0.72 while NZD/USD continues to show relative weakness. USD/JPY faces the most critical setup, falling below its 200-day EMA and threatening major support as US CPI approaches.

Currency markets continue to watch yields in the USA and their influence on the US dollar overall. They are rising yet again in early Tuesday trading.

EUR/USD, EUR/JPY and AUD/USD await Jackson Hole, with 1.1580, 185.65 and 0.7175 among the key levels shaping today’s forex outlook.

USD/CAD remains bullish above 1.3850 as GBP/USD and AUD/USD show signs of rolling over, putting the US dollar back in focus ahead of Jackson Hole.

The US dollar is soft in general, but looks as if it is trying to fight back a little as we head into New York trading.

The US dollar has held around familiar areas with July’s inflation matching the consensus precisely.

The US interest rates rise in early trading on Thursday, as Middle East tensions continue to move the needle.

The US dollar is choppy overall in early trading on Thursday, as markets try to determine their next move.

The US dollar continues to be noisy, as interest rates dropped a bit in the early part of the trading session on Tuesday.

The US dollar has been noisy against Asian currencies on Friday, as we continue to see a bit of choppiness in general.

The US dollar continues to move on rates, and with the attack on Iran last night, the USD rally isn’t a big surprise.