USD News

USD/CAD climbed above the 1.3200 mark on Thursday, retracing its recent losses but remaining on track to end the day lower for a third straight week. USD/CAD has ended lower…

During Thursday’s European session, USD/MXN made an attempt to recover from recent losses, maintaining a stable position near 16.91. The currency pair faces headwinds primarily stemming from a weakened US…

The U.S. dollar weakened on Thursday as the Indian rupee pared recent losses. The Indian Center for Economic and Business Research released a report on Wednesday saying that India will…

In Asia on Thursday, USD/JPY fell for the second consecutive trading day, trading around 141.30. Improving Japanese trade data for November weighed on USD/JPY. However, Bank of Japan Governor Kazuo…

USD/JPY fell 0.9% on Wednesday as markets tend to bet that the Federal Reserve (Fed) will accelerate the pace of interest rate cuts in 2024, with some investors expecting the…

In a session marked by restrained movements, most Asian currencies adhered to a narrow range on Wednesday, with the dollar hovering near five-month lows. This trend persists amid prevailing expectations…

During European morning trade on Wednesday, USD/CHF exhibited relative stability, hovering around the 0.8540 level. The subdued performance of USD/CHF is attributed to increasing risk aversion, leading to heightened demand…

The Indian rupee fell on Wednesday amid thin trading due to holidays. The Indian rupee fell lower on Wednesday, Fitch Ratings predicted in its latest “Corporate India: Industry Trends 2024”…

USD/CAD is trading below 1.3200 on Wednesday in Asia. However, Canadian economic data points to a slowdown. Canada’s GDP failed to grow for the fourth consecutive month on a monthly…

Asian stocks navigated cautiously on Tuesday as the dollar lingered near a five-month low, driven by the prospect of cooling U.S. inflation, reinforcing expectations of imminent interest rate cuts by…