USD News

The Indian rupee (INR) lost momentum on Tuesday amid a modest rebound against the US dollar (USD). Analysts believe continued equity outflows could put some selling pressure on the Indian…

The U.S. dollar remained relatively steady on Tuesday, maintaining a slight upward drift that began earlier this week. This movement follows comments from several Federal Reserve officials advocating for continued…

According to analysts at Goldman Sachs, the U.S. dollar has been trading within narrow ranges against major currencies, and this trend is expected to persist for some time, delaying any…

On Monday, the dollar maintained its stability as investors awaited additional insights to gauge the U.S. interest rate trajectory, following cautious remarks from Federal Reserve officials, despite signs of cooling…

During early European trading on Monday, USD/CAD continued its decline near 1.3605. The prospect of interest rate cuts by the Federal Reserve (Fed) has led to a weakening of the…

AUD/USD extended gains for the second consecutive session on Monday. A weaker U.S. dollar supported the AUD/USD exchange rate. However, the Australian dollar’s gains narrowed after China announced its interest…

In early Asian trading on Monday, USD/JPY strengthened to around 155.80 for the third consecutive trading day. Japan’s first quarter (Q1) gross domestic product (GDP) data was weak, supporting USD/JPY’s…

Over the past two years, several U.S. states have taken action to try to block the implementation of a U.S. central bank digital currency (CBDC). Indiana is the first state…

USD/JPY maintained its gains, trading at 155.66 after hitting a daily low of 155.25. The technical outlook points to further gains for the currency, with resistance at 156.05, 157.00 and…

Following recent remarks from several Federal Reserve officials, particularly members of the bank’s rate-setting committee, the dollar has exhibited signs of recovery, albeit cautiously. The discourse primarily revolves around the…