USD Exchange Rate

USD/CAD appears to be heading lower for a second consecutive session on Wednesday in Asia, fluctuating lower to around 1.3560. Strengthening crude oil prices provided support for the Canadian dollar,…

The Indian rupee lost momentum on Wednesday. As India is the world’s second-largest oil importer, a rise in crude oil prices to a near five-month high has put some selling…

The USD/CAD pair attracted some buyers for the second day in a row on Tuesday and looks set to build on an overnight rebound from the 1.3515 area or above…

During early European trading on Monday, USD/CHF was trading around 0.9015, with a mildly bearish trend. Dovish comments from Federal Reserve (FED) Chairman Jerome Powell on Friday weighed on the…

The Indian rupee (INR) remained strong on Monday despite a stronger US dollar (USD). Aditi Nayar, chief economist at Icra, said: “The Reserve Bank of India (RBI) is expected to…

The USD/CAD pair extended its recent pullback from the 1.3610-1.3615 supply zone, or yearly highs, facing a sixth straight day of selling pressure on Monday. However, USD/CAD losses stalled ahead…

In Asia on Friday, USD/CAD hovered around 1.3540, showing signs that it may interrupt its four-day losing streak. However, trading is expected to be light as Friday falls on Good…

In early Asian trading on Friday, USD/JPY closed higher at around 151.45 for the second consecutive day. The Bank of Japan’s (BoJ) cautious approach to maintaining loose monetary conditions has…

European stocks reached record highs on Wednesday, while the US dollar maintained its gains and the S&P500 received a late-session boost. The day’s price action suggested a potential end-of-quarter portfolio…

On Thursday, the US dollar made gains against the euro and pound following remarks from a US Federal Reserve policy maker indicating a reluctance to cut interest rates. Traders remained…