The U.S. dollar held steady close to a two-week high as trading began in Asia on Tuesday, with market anxieties regarding U.S. military actions in Venezuela subsiding and dovish remarks from Fed officials encouraging risk-taking on Wall Street. The dollar index, which measures its strength against a basket of six currencies, was last trading at Read More
The U.S. dollar began 2026 on a weak note on Friday, continuing its struggles against most currencies from the previous year. Meanwhile, the yen remained stable close to 10-month lows as traders anticipated economic data this month to assess the trajectory of interest rates. A narrowing interest rate gap between the U.S. and other economies Read More
The dollar maintained its position above recent lows on Tuesday in anticipation of the forthcoming release of the minutes from the Federal Reserve’s December meeting, while China’s yuan showed resilience by strengthening past a significant psychological threshold against the U.S. currency. As the end-of-year holidays approached, liquidity diminished as traders speculated that the dollar might Read More
The US Dollar Index remains steady at approximately 98.00 during the early European session on Monday. Anticipations surrounding US rate reductions in 2026, along with the imminent announcement of a new Fed Chair, may exert pressure on the US Dollar. Trump indicated that discussions regarding Ukraine are nearing completion, yet acknowledges that significant territorial matters Read More
On Friday, the major currencies in the foreign exchange market remained subdued amid thin year-end trading. The U.S. dollar lingered close to its 12-week lows as investors evaluated Japanese economic data and considered the implications of potential future interest rate cuts in the United States. Trading volumes in the Asian and European foreign exchange markets Read More
The U.S. dollar weakened on yesterday, as data indicating robust growth in the world’s largest economy did not alter the prevailing sentiment on a currency facing pressure from anticipated Federal Reserve interest rate cuts next year. The report reinforced expectations that the Fed will refrain from reducing rates at its late January meeting, with current Read More
The U.S. dollar was on track for its worst annual performance in over twenty years on Wednesday, as investors anticipated that the Federal Reserve would have the capacity to lower rates further next year, even while some of its counterparts appeared poised to increase them. The greenback remained weak during Asian trading, as a strong Read More
The yen appreciated against the U.S. dollar, reflecting a technical recovery following warnings from Japanese officials about “one-sided and sharp” currency fluctuations. This statement indicated a preparedness to implement necessary measures, which analysts interpreted as a clear indication of potential intervention. The Japanese currency received a boost from a generally weaker dollar, which has faced Read More
The US Dollar Index strengthens to approximately 98.55 during the early European session on Friday. The US Consumer Price Index increased by 2.7% year-over-year in November, which was below expectations. Cooling US inflation may create opportunities for the Federal Reserve to implement rate cuts. The US Dollar Index, which reflects the value of the US Read More
The dollar maintained its strength against major currencies as market participants prepared for upcoming central bank decisions in Britain, Europe, and Japan. Sterling continued to trade lower following an unexpected decline in UK inflation, reinforcing the argument for a potential rate cut by the Bank of England. The yen reduced its losses from the prior Read More
