USD Exchange Rate

USD/JPY remained calm ahead of Wednesday’s release of US Consumer Price Index (CPI) data and FOMC minutes. The pair hovered around 151.70 during the Asian trading session. The Japanese yen…

The Indian rupee pared recent gains on renewed demand for the U.S. dollar. Bank selling of the dollar, lower crude oil prices and an improving outlook for India’s economic growth…

The dollar faced uncertainty on Tuesday as investors exercised caution ahead of the release of crucial inflation data scheduled for Wednesday. Concurrently, U.S. Treasuries experienced gains following a reduction in…

The USD/CHF pair saw a modest rebound on Monday, hovering near 0.9050 after reaching a low of 0.8998 on Friday. Today, the pair surged to as high as 0.9065, although…

The USD/CAD currency pair attracted some bargain hunting in Asia on Tuesday and recovered some of the previous day’s losses. At present, USD/CAD seems to have interrupted its recent decline…

The Indian rupee (INR) continued its upward trend on Tuesday. Risk appetite in global markets, inflows from foreign institutional investors (FIIs) and strengthening domestic markets provided support to the positive…

Following a meeting between US Treasury Secretary Janet Yellen and China’s Finance Minister Lan Fo’an, the US Treasury Department released a statement indicating that discussions centered around the macroeconomic outlook…

USD/CAD continues its winning streak, trading higher for the third consecutive session on Monday, trading higher near 1.3600 during the Asian session on Monday. The U.S. dollar (USD) strengthened on…

The dollar demonstrated strength on Friday, although it remained on track for a weekly loss following robust nonfarm payrolls data that exceeded expectations, potentially delaying anticipated interest rate cuts from…

The Indian rupee (INR) recovery weakened on Friday as demand for US dollars persisted, which is likely to come from importers. Meanwhile, rising geopolitical tensions in the Middle East and…