The U.S. dollar reached its highest levels in a week during Asian trade on Wednesday, coinciding with renewed strikes on Iran. Meanwhile, New Zealand’s currency experienced a notable increase following the central bank’s decision to raise interest rates and indicate potential further tightening. The greenback strengthened 0.2% to 162.46 yen, marking its fourth consecutive day Read More
The US dollar exhibits strength against the G10 currencies, with the exception of the Japanese yen.It is currently positioned around the JPY162 mark during the European morning, with options amounting to $2.2 billion set to expire later today. Germany reported a 0.9% rise in May industrial output, exceeding expectations and aligning with the largest increase Read More
The U.S. dollar stabilised close to a two-week low on Monday as investors reduced their expectations for a Federal Reserve rate increase this year, while the yen remained close to a 40-year low, leaving investors apprehensive about potential actions from Tokyo. The euro was at $1.1435, not far from its strongest level in two weeks, Read More
The U.S. dollar was poised for its largest weekly decline in almost three months on Friday, following a lacklustre June jobs report that tempered market expectations for Federal Reserve rate increases, offering some respite for the struggling yen. Softness in the greenback persisted during early Asian trade, as the euro remained close to its two-week Read More
The dollar maintained its position on Thursday as markets anticipated crucial U.S. non-farm payrolls data. Meanwhile, the yen’s decline to 40-year lows against the dollar, coupled with thin trading in advance of a U.S. holiday, kept traders vigilant for potential intervention. The dollar index, which measures the greenback against a basket of currencies including the Read More
The recent rebound of the U.S. dollar is expected to diminish in the coming months, as declining oil prices alleviate inflation concerns and reduce expectations for Federal Reserve rate hikes, according to a majority of foreign exchange strategists surveyed in a poll. However, a significant minority believes that the dollar’s strength is likely to persist. Read More
The US Dollar Index is experiencing an upward trend, reaching approximately 101.30 during the early European session on Tuesday. Increasing probabilities of interest rate hikes in the United States, coupled with a positive outlook on the American economy, bolster the DXY. Traders prepare for the imminent release of the US June jobs report, scheduled for Read More
The U.S. dollar faced pressure on Monday but continued to be poised for its largest monthly increase in almost a year, influenced by tensions in the Gulf and in anticipation of employment data that may influence the Federal Reserve’s monetary policy direction. The U.S. and Iran exchanged pointed remarks over the weekend prior to reaching Read More
Two significant developments have emerged this week, both of which are clearly observable today. The first is the ongoing decline in oil prices. August WTI has declined nearly 9% this week, following a similar drop last week and a 5.25% decrease the week prior. It is currently around $69, in contrast to just under $66 Read More
The dollar enters the latter half of 2026 on a strong note, driven by expectations of rising U.S. interest rates and a relentless demand for U.S. assets from investors pursuing the notion of “American exceptionalism,” which could lead to further challenges for other currencies. It stands out as the top-performing currency at the mid-year mark, Read More
