USD News

AUD/USD posted its fifth consecutive day of gains on Friday. AUD/USD gained momentum as the Reserve Bank of Australia (RBA) gained increasing support for its hawkish stance. That sentiment was…

The Bank of Japan decided to keep its key interest rate unchanged at 0.0% after its April meeting on Friday. The resolution was in line with market expectations. In March,…

During early Asian trading on Friday, USD/CAD extended its losses to around 1.3655. The US dollar (USD) fell to two-week lows near 105.00, bringing some selling pressure to the pair.…

The Indian rupee turned slightly bearish on Thursday The downside for the Indian rupee may be limited as crude oil prices fall further. Market participants will be paying close attention…

USD/JPY broke through to its highest level since June 1990 on Wednesday, rising to around 155.40 for the first time in 34 years, as the yen continued to plummet across…

During early Asian trading on Thursday, the USD/CAD currency pair continued to rebound near 1.3705. Weaker-than-expected Canadian retail sales weighed on the Canadian dollar (USD). Later on Thursday, investors will…

On Wednesday, the U.S. dollar staged a modest rebound after experiencing significant declines against the euro and sterling the previous day. Meanwhile, the Japanese yen remained entrenched near 34-year lows,…

The recent de-escalation of tensions in the Middle East, coupled with Iran’s indication of reluctance to escalate conflict with Israel following last week’s strike, has spurred a retreat of the…

The Indian rupee (INR) lost momentum on Wednesday amid dollar demand from importers and bets that the U.S. Federal Reserve (Fed) will not cut interest rates imminently. Nonetheless, positive signals…

The Australian dollar (AUD) extended its winning streak for the third day in a row after better-than-expected consumer price index (CPI) data was released on Wednesday. The upbeat inflation data…