USD Exchange Rate

In the European session on Friday, the US Dollar (USD) strengthened against its major counterparts, propelling the US Dollar Index to a new high for 2024, surpassing the 105.50 mark.…

On Thursday, the dollar saw moderate gains in volatile trading, with concerns over persistent inflation reinforcing expectations that the Federal Reserve will postpone interest rate cuts this year, despite weaker-than-expected…

In recent discussions surrounding the stability of global currencies, particularly the US dollar, analysts have examined various factors contributing to its resilience or susceptibility to potential crises. Amidst ongoing economic…

In a noteworthy development, the USD/JPY currency pair has achieved a milestone by closing above the 153 level for the first time since 1990, signaling a significant shift in currency…

The Indian rupee (INR) edged higher on Friday amid strong dollar selling and muted demand from importers. The Indian rupee’s recovery has been fueled by the strong performance of the…

In the Asian market on Friday, the US dollar/Canadian dollar fluctuated within a narrow range, and now seems to have interrupted the decline from the highest level since November 22…

USD/CAD consolidated gains above 1.3650 during Thursday’s Asian trading session. The pair’s gains were supported by stronger-than-expected US inflation in March, which pushed USD/CAD to yearly highs of 105.30. Investors…

In early Asian trading on Thursday, USD/JPY fell from around 153.24, the highest level since July 1990, and then weakened around 153.00. Improved U.S. consumer price index (CPI) data for…

USD/CAD appears to remain tepid amid strength in the US dollar (USD) and crude oil prices. During Wednesday’s Asian session, the pair moved lower to around 1.3570. The U.S. dollar…

The rupee’s rebound lost momentum on Wednesday as the dollar rebounded slightly. Markets turned cautious ahead of key U.S. inflation data, which is expected to show high inflation. However, dollar…