USD News

The Indian rupee (INR) traded marginally higher on Friday despite a rebound in the US dollar (USD). Strong growth in India’s business sector in May and a sharp rise in…

The U.S. dollar retraced some of its gains from the prior session on Thursday, yet remained close to a one-week high after the release of hawkish minutes from the most…

The U.S. dollar relinquished some of its gains from the previous session on Thursday, yet remained close to a one-week high after the release of hawkish minutes from the latest…

On Thursday, the dollar maintained its position near a one-week high following its largest daily percentage increase this month against a basket of currencies, spurred by the release of hawkish…

The Indian rupee (INR) struggled to move higher on Thursday. FOMC minutes and a hawkish stance from Federal Reserve (Fed) policymakers boosted the US dollar, creating a “tailwind” for the…

On Tuesday, the U.S. dollar made slight gains against the euro as Federal Reserve policymakers emphasized the importance of waiting for further evidence of sustained inflation before considering interest rate…

In Asian trading on Wednesday, the dollar index and dollar index futures stabilized following some gains overnight. Despite remaining below last week’s levels, the greenback has shown signs of recovery…

USD/CAD fell as low as 1.3640 during early European trading on Wednesday as the U.S. dollar (USD) consolidated. The pair was lower despite recent softer Canadian CPI inflation data, boosting…

The Japanese yen (JPY) weakened following the release of Japan’s merchandise trade balance data on Wednesday. The report showed that the trade deficit increased to 462.5 billion yen in April,…

The Indian rupee (INR) edged lower on Wednesday as cautious Fed speech supported the US dollar (USD). Fed officials will wait for more encouraging signs of easing in the labor…