USD Forecast 06 August 2026: Growing skepticism toward the Fed’s policy is reviving the “Sell America” trade, which first gained momentum after Donald Trump introduced the highest tariffs since the 1930s. Comments from Kevin Warsh and Scott Bessent have reinforced this sentiment. Let’s analyze the situation and develop a trading plan for the EUR/USD pair.
Currencies
At Gold Silver Reports, we deliver timely currencies news and forex updates covering USD, INR, EUR, GBP, and global forex markets. Our expert insights and daily analysis help traders and investors track price trends, exchange rates, and market movements effectively.
Dollar Hits 2-Month High as Fed Rate Hike Bets Push US Currency Up
Dollar largest weekly rise: The dollar firmed on Friday and was set for its largest weekly gain in more than two months, as rising energy prices and prolonged disruptions to shipping stoked inflationary pressures, boosting bets on a Federal Reserve rate hike this year.
EUR/USD Falls to 1.1640, Weekly Loss 0.7% as US Dollar Stays Strong
The EUR/USD currency pair ended the week near the 1.1640 level, posting a weekly loss of around 0.7%. The fall came as the US Dollar remained strong against major global currencies.
Rupee Falls Below 90/USD: What This Big Slide Means for India Now
The rupee sank to a record low against the US dollar on December 3, briefly breaching the psychological 90 mark before settling just below it. The downward move was driven by weak foreign flows, large offshore positioning and uncertainty around a US-India trade deal.
Rupee Hits Record Low of 89.61 Against Dollar Amid US Trade Tensions & FPI Outflows
Indian Rupee falls to all-time low of 89.61 against USD due to US-India trade uncertainty and heavy foreign portfolio outflows. RBI’s lower intervention and rising import demand add pressure.