USD News

During the Asian session on Thursday, USD/CHF fell to around 0.8620. USD/CHF retreated as the U.S. dollar (USD) declined despite rising U.S. Treasury yields. As of press time, the yields…

The Japanese yen is showing signs of recovery after facing substantial selling earlier this week following the Bank of Japan’s recent policy update. Analysts at Bank of Tokyo-Mitsubishi UFJ (MUFG)…

The Indian rupee (INR) was on the weak side on Thursday. The Reserve Bank of India’s (RBI) monthly bulletin highlighted the potential impact on economic growth if headline retail inflation…

Asian currencies displayed limited movement on Thursday, consolidating losses from the previous session as the dollar rebounded from near five-month lows amidst uncertainty regarding the Federal Reserve’s timeline for interest…

The Japanese yen exchange rate rose against the US dollar for the second consecutive day on Thursday, with the US dollar against the Japanese yen rebounding to around the 143.00…

The USD/CAD pair is trading weaker during early Asian trading on Thursday. The pair rebounded from four-month lows of 1.3310 to 1.3350. However, the U.S. dollar (USD) upside may be…

The Federal Reserve’s unexpected dovish pivot in December has bolstered the case for a continued weakening of the U.S. dollar into 2024. However, the strength of the U.S. economy may…

Wednesday, December 20, 2023 Most Asian currencies stabilized after recent gains on Wednesday, while the dollar remained close to four-month lows. Traders are largely maintaining bets that the Federal Reserve…

The euro is exhibiting signs of correction during early trading on Wednesday, encountering challenges in sustaining the previous day’s uptrend. Despite a modest upward movement and approaching 1.10 in recent…

In early trading in the European market, USD/CHF found support after a sharp correction to near the 0.8600 integer support. USD/CHF is expected to fall further as the dollar’s bearish…