USD Exchange Rate

USD/CHF rose for a third consecutive day in Asia on Friday, rising to around 0.8850. Strong US producer price index boosted USD/CHF strength. In addition, the U.S. dollar index (DXY)…

USD/CAD posted gains for the second consecutive session on Friday. U.S. consumer inflation data came in better than expected on Wednesday, reducing the chances that the Federal Reserve will cut…

The Indian rupee (INR) lost momentum on Friday. The pair’s gains were boosted by better U.S. producer price index (PPI) data for February. In addition, weaker-than-expected Indian wholesale price index…

The Indian rupee (INR) fell on Thursday on a stronger dollar and higher U.S. Treasury yields. USD/INR downside may be limited in the near term as foreign outflows and a…

In early Asian trading on Thursday, the USD/CAD currency pair was in negative territory for the second consecutive day. The U.S. dollar (USD) resumed its downward trend and fell below…

Japan’s largest trade union confederation, Rengo, has reportedly confirmed that its demand for pay raises of 5.85%, equivalent to JPY18,215, this year, has been met. The Chief Cabinet Secretary of…

The Indian rupee (INR) was actively trading on Wednesday. Upbeat Indian retail inflation data for February provided some support to the local currency and dragged the USD/INR exchange rate lower.…

In early Asian trading on Wednesday, USD/CAD edged higher to below the 1.3500 mark. Stronger-than-expected US inflation data dampened market sentiment and boosted USD/CAD. U.S. retail sales in February will…

The Indian rupee (INR) remained weak on Tuesday despite losses in the US dollar (USD). A weaker dollar and falling crude oil prices are likely to boost the Indian rupee…

In early Asian trading on Tuesday, USD/CAD still encountered resistance at the key 1.3500 mark. A fall in the U.S. dollar (USD) and falling U.S. Treasury yields weighed on USD/CAD.…