USD News

USD/CAD is firmer in early Asian trade on Wednesday, sitting above the mid-1.3500 level. USD/CAD gains were supported by a stronger U.S. dollar and weaker-than-expected Canadian consumer price index (CPI)…

USD/CAD climbed during the US session, but fell below the 1.3600 mark after Canadian data showed that deflationary processes continued. At press time, USD/CAD was trading at 1.3565 after hitting…

The Indian rupee weakened on Tuesday as state banks bought dollars. Lower speculation that the US Federal Reserve (Fed) may cut interest rates in June provided some support to the…

USD/CAD extended its gains for the fourth consecutive session, trading around the key 1.3540 level. The U.S. dollar (USD) is trading higher, driven by rising U.S. Treasury yields. The bond…

USD/CAD posted its third consecutive day of gains on Monday, with Asia moving higher towards 1.3540. The U.S. dollar (USD) is likely to be supported by expectations that the Federal…

The US dollar (USD) edged lower as the Indian rupee pared losses on Monday. The Indian rupee’s recovery was supported by a positive outlook for the Indian economy and continued…

USD/CHF rose for a third consecutive day in Asia on Friday, rising to around 0.8850. Strong US producer price index boosted USD/CHF strength. In addition, the U.S. dollar index (DXY)…

USD/CAD posted gains for the second consecutive session on Friday. U.S. consumer inflation data came in better than expected on Wednesday, reducing the chances that the Federal Reserve will cut…

The Indian rupee (INR) lost momentum on Friday. The pair’s gains were boosted by better U.S. producer price index (PPI) data for February. In addition, weaker-than-expected Indian wholesale price index…

The Indian rupee (INR) fell on Thursday on a stronger dollar and higher U.S. Treasury yields. USD/INR downside may be limited in the near term as foreign outflows and a…