Austria Industrial Production (YoY) increased to 0.6% in May from previous -0.1%

Aug 8, 2025

US Dollar Index price forecast: Rebounds near 98.00, eyes nine-day EMA

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is gaining ground after two days of losses and trading around 98.20 during the early European hours on Friday.

USD/CAD Price Forecast: Holds 20-day EMA around 1.3730 ahead of Canadian employment data

The USD/CAD pair trades in a tight range around 1.3730 during the European trading session on Friday. The Loonie pair consolidates as investors await the Canadian labor market data for July, which will be published at 12:30 GMT.