USD Exchange Rate

In Asian trading on Wednesday, the dollar index and dollar index futures stabilized following some gains overnight. Despite remaining below last week’s levels, the greenback has shown signs of recovery…

USD/CAD fell as low as 1.3640 during early European trading on Wednesday as the U.S. dollar (USD) consolidated. The pair was lower despite recent softer Canadian CPI inflation data, boosting…

The Indian rupee (INR) edged lower on Wednesday as cautious Fed speech supported the US dollar (USD). Fed officials will wait for more encouraging signs of easing in the labor…

The Indian rupee (INR) lost momentum on Tuesday amid a modest rebound against the US dollar (USD). Analysts believe continued equity outflows could put some selling pressure on the Indian…

The U.S. dollar remained relatively steady on Tuesday, maintaining a slight upward drift that began earlier this week. This movement follows comments from several Federal Reserve officials advocating for continued…

According to analysts at Goldman Sachs, the U.S. dollar has been trading within narrow ranges against major currencies, and this trend is expected to persist for some time, delaying any…

On Monday, the dollar maintained its stability as investors awaited additional insights to gauge the U.S. interest rate trajectory, following cautious remarks from Federal Reserve officials, despite signs of cooling…

During early European trading on Monday, USD/CAD continued its decline near 1.3605. The prospect of interest rate cuts by the Federal Reserve (Fed) has led to a weakening of the…

In early Asian trading on Monday, USD/JPY strengthened to around 155.80 for the third consecutive trading day. Japan’s first quarter (Q1) gross domestic product (GDP) data was weak, supporting USD/JPY’s…

USD/JPY maintained its gains, trading at 155.66 after hitting a daily low of 155.25. The technical outlook points to further gains for the currency, with resistance at 156.05, 157.00 and…