USD News

USD/JPY extended gains to around 157.50 in early Asian trading on Monday. The Fed’s hawkish stance provided some support for USD/JPY. Meanwhile, the yen (JPY) was frustrated by the Bank…

The USD/CAD pair attracted some dip buying on the first day of the new week, but the follow-through was lacking and remained confined to the familiar range of the past…

USD/CHF ended a three-day losing streak around 0.8910 in early European trading on Monday. The hawkish stance of the Federal Reserve (FED), which expects only one rate cut in 2024,…

USD/CAD struggled to capitalize on the previous day’s bullish move in Asia on Friday, oscillating between modest gains/small losses, breaking below the mid-1.3700 level. Crude oil prices attracted some bargain…

USD/CHF ended a two-day losing streak in early European trading on Friday, trading around 0.8940. USD/CHF was supported by a stronger dollar as the Fed’s hawkish outlook indicated only one…

Gold prices closed lower on Thursday for the first time in four days, but held firm below the $2,300 round-figure mark, stabilizing above it in early European trading on Friday.…

USD/CHF retraced its losses from the previous session following hawkish comments from the US Federal Reserve (Fed). The Federal Open Market Committee (FOMC) kept its benchmark lending rate in the…

The Indian rupee (INR) weakened on Thursday as demand for the dollar from local oil companies and other importers continued to grow. Despite the release of the US inflation data…

USD/CAD broke a three-day losing streak in early Asian trading on Thursday, trading around 1.3730. The renewed demand for the U.S. dollar (USD) provided some support for USD/CAD after the…

The yen fell for the fourth straight day against the dollar on Wednesday. USD/JPY strengthened as investors favored the greenback ahead of the Federal Reserve (Fed) rate decision scheduled for…