USD News

USD/JPY was trading around 160.40 in Asia on Thursday after retreating from 160.87, the highest level since 1986. The downward correction could be due to verbal intervention by Japanese authorities.…

The yen recovered slightly against the dollar after falling to its weakest level since 1986 on Wednesday. The European Commission will release consumer and business sentiment data during the European…

USD/CHF was trading around 0.8980 in the European session on Thursday, struggling to hold near the two-week high of 0.8983 recorded on Wednesday. Investors awaited the annualized growth rate of…

Analysts at UOB Group say USD/JPY could test 161.00 before retreating. Resistance levels are at 161.00 and 161.50, but 161.50 is unlikely to be reached. However, strong momentum suggests further…

Analysts at UOB Group believe that USD/CNH may trade between 7.2920-7.3060. The exchange rate may rise above 7.3100, but it is too early to reach the next important resistance level…

USD/CHF continued to rise for the second day in a row, trading around 0.8960 in early European trading on Wednesday. The rise in the exchange rate may be due to…

USD/JPY may trade sideways between 159.20-159.90. FX Strategists at UOB Group believe the pair could break above 160.00, but another resistance is at 160.25. The pair could jump to 160.25…

USD/CNH could move higher. Analysts at UOB Group note that any upside move is unlikely to hit the important resistance levels of 7.3000 and 7.3100. USD/CNH would turn lower if…

USD/CAD remained on the defensive around 1.3655 in early Asian trading on Tuesday. The U.S. dollar index (DXY) retreated from nearly two months to 105.50, exerting some selling pressure on…

Weaker dollar pushes INR higher on Tuesday Indian fund inflows are likely to boost the INR, while weakness in major Asian currencies and higher oil prices are likely to limit…