BlitzPick USD Price & Performance (XBPUSD)

The US dollar's ongoing struggles have left it vulnerable, with the DXY index staying below key levels like 105. Meanwhile, gold has surged past $2,940, testing $3,000. Market watchers are eyeing whether gold's rally will continue or if a pullback will test support at $2,940.12

The S&P 500 has officially entered correction territory, losing 10% from its February peak and erasing $5 trillion in value. Concerns over tariffs, inflation, and economic slowdown are driving the selloff, with fears rising that this correction could evolve into a prolonged bear market.23

GBP/USD is testing critical support near 1.29 as the US dollar firms. A break below 1.2850 could deepen the pair’s correction, while resistance at 1.30 continues to cap gains. Analysts are watching closely, with the pound at a pivotal moment amid broader dollar strength.45