USD News

USD/CAD ended its five-day winning streak in Asia on Wednesday, trading around 1.3820. A mild pullback in the U.S. dollar has put downward pressure on the USD/CAD pair. However, weaker…

In early trading in Asia on Wednesday, USD/JPY fell slightly and was around 154.65. A strong U.S. economy and solid inflation data have fueled expectations that the Federal Reserve (Fed)…

The U.S. dollar index (DXY) surged to a new 2024 high, hitting near 106.50. On April 17, weekly mortgage applications, the Fed’s Beige Book and long-term cross-border capital (TIC) net…

During Asia morning trade, the US dollar’s ascent from Monday persists, exerting downward pressure on several major currencies. Key movements include declines in the AUD, NZD, EUR, GBP, CAD, CHF,…

During the early European trading hours on Tuesday, USD/CHF has shown signs of recovery from previous losses, hovering around the 0.9120 mark. The US Dollar’s robust performance has lent support…

USD/CAD rallied for a fifth day on Tuesday, building on last week’s momentum above the 1.3600-1.3610 supply zone. Spot prices climbed to the 1.3815 area during the Asian session, hitting…

AUD/USD extended losses for a third straight session on Tuesday, likely due to risk-off sentiment as investors cautiously awaited Israel’s response to Iran’s unprecedented air strikes on Saturday. However, the…

On Monday, the dollar remained steady, bolstered by its most significant weekly surge since 2022, buoyed by the outlook of persistently high U.S. interest rates and escalating conflicts in the…

On Monday, most Asian currencies experienced depreciation, with the Japanese yen reaching new 34-year lows, while heightened demand for safe-haven assets, driven by an Iranian strike on Israel, propelled the…

The U.S. dollar is on a robust uptrend, propelled by mounting apprehensions regarding persistent inflation and the Federal Reserve’s capacity to implement interest rate adjustments compared to other central banks.…