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
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
A surging dollar has surpassed chart resistance and is on track for its most significant monthly gain in nearly a year on Thursday, as traders anticipate a robust U.S. economy supporting short-term interest rates while awaiting crucial inflation data. The dollar has surpassed the $1.14 threshold against the euro this week, reaching its peak in Read More
The U.S. dollar continued its ascent, achieving a new 13-month peak against a range of major currencies on Wednesday. This movement was driven by investors seeking refuge from a sell-off in tech stocks while also preparing for anticipated rate hikes by the Federal Reserve. A widespread decline in technology and semiconductor stocks has led to Read More
The U.S. dollar maintained its strength on Tuesday as traders adjusted their positions in anticipation of a more hawkish Federal Reserve. Meanwhile, oil prices experienced a rebound after significant declines, and the yen approached a four-decade low. U.S. Treasury yields sustained their elevated levels following a notable increase on Monday, with yields on the interest-rate-sensitive Read More
