USD News

USD/CAD continues its losing streak that began on April 17, trading around 1.3660 during the Asian session on Wednesday. Disappointing U.S. Purchasing Managers Index (PMI) data released on Tuesday sent…

Amid broad gains in risk assets, further downward pressure pushed the dollar to multi-day lows. On April 24, durable goods orders and weekly mortgage applications will be released in Europe…

The US Dollar Index (DXY) is currently trading at 106.09, experiencing a slight decline from its recent peak of 106.35. Despite this minor setback, the index continues to show strength,…

The dollar’s initial surge, fueled by reports of Israeli strikes on Iran, was short-lived as tensions in the Middle East eased. The safe-haven currency had rallied earlier in response to…

The US dollar (USD) concluded the week with minimal change, maintaining its strength following a sharp surge recorded in the previous week, which saw the USD Index (DXY) reach new…

USD/JPY experienced a turbulent trading session on Friday, hovering in the 154.50s range after dipping to a daily low in the 153.00s, driven by a surge in demand for safe-haven…

The USD/JPY pair stabilized around the 154.60 level on Friday, following a descent to a four-day low of 153.59, triggered by escalating geopolitical tensions stemming from the Israel-Iran conflict. However,…

In the realm of technical analysis, the US dollar continued its upward momentum against the Japanese yen throughout the past week, edging closer to the critical ¥155 level. Despite considerable…

Rhee Chang-yong, the Governor of the Bank of Korea (BOK), expressed optimism that the won-dollar exchange rate could move towards stabilization provided tensions in the Middle East do not escalate…

In recent trading sessions, the USD/JPY pair has seen a reversal in its downward trend, largely attributed to comments from a senior Iranian official indicating no immediate plans for retaliation…