USD News

The Japanese yen (JPY) consolidated on Friday after the Ministry of Finance released its foreign exchange reserves for May, falling sharply to $123.1 billion from $127.9 billion in May. This…

USD/CHF edged higher in Asia on Friday, but approached key support at 0.8883. Swiss franc assets remained under pressure in the past few sessions as the dollar struggled to stabilize…

The Indian rupee (INR) traded sideways on Friday despite a modest recovery in the US dollar (USD). Reserve Bank of India (RBI) Governor Shaktikanta Das announced the second bi-monthly monetary…

The Indian rupee weakened on Friday amid a modest recovery in the US dollar. Despite easing political uncertainties following India’s general election, renewed demand for the dollar from local importers…

USD/CAD showed resilience below the 200-hour simple moving average (SMA) in Asian trading on Friday, but it seemed difficult to attract significant buying. Investors are focusing on the US monthly…

Gold (XAU/USD) attracted some follow-through buying for the second day in a row in Asian trading on Thursday and climbed to a two-week high near $2,373. Moreover, the near-term trend…

The Indian rupee rebounded on Thursday on a weaker US dollar. Renewed US dollar selling and possible foreign exchange intervention by the Reserve Bank of India provided support to the…

USD/CAD retreated after two days of gains and traded around 1.3680 in Asian session on Thursday. The US dollar (USD) struggled after mixed economic data released from the United States…

The Indian rupee rebounded on Thursday amid a weaker US dollar. Fresh dollar selling and possible FX intervention by the Reserve Bank of India supported the Indian rupee. Any progress…

USD/CHF traded lower at 0.8920 during early European trading on Thursday. A weaker dollar has weighed on the pair amid growing speculation that the Federal Reserve (FED) will reduce borrowing…