USD

Euro Nears 2021 High Amid Progress on US-EU Trade Deal

The euro rose slightly above $1.175, nearing its highest level since August 2021, as trade tensions eased after news that…

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Mexican Peso Strengthens to August 2024 Highs

The Mexican peso strengthened past 18.65 per USD in July, its strongest level since mid-August 2024, driven by stronger external…

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Chart of The Day – USD/JPY

Household spending in Japan rose 4.7 % in May from a year earlier, far above the 1.2 % forecast and…

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US Dollar Index breaks below 97.00 as Trump plans to write tariff letters

US Dollar Index loses ground as traders adopt caution following Trump’s comments to write tariff letters to other countries. Trump’s…

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USD/CAD Price Forecast: Sees a sizeable downside below 1.3500

USD/CAD faces selling pressure as the US Dollar underperforms in the aftermath of the US NFP data. Private sector hiring…

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The AUD remains subdued due to lacking clarity on Trump’s tariff plans

The Australian Dollar declines against the US Dollar as solid US labor market data weaken hopes of Fed rate cuts.…

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USD/CAD struggles below 1.3600, over two-week low; bears not ready to give up yet

USD/CAD struggles to register any meaningful recovery and hangs near a multi-week low. US fiscal concerns cap the post-NFP USD…

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NZD/USD moves little around 0.6050 as traders seek clarity on Trump’s plans for tariffs

NZD/USD faces challenges as concerns over weakening oil demand rise amid decreasing odds of Fed rate cuts. The US NFP…

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EUR/USD wobbles around 1.1760 amid holiday in US on account of Independence Day

EUR/USD trades sideways around 1.1760 in a holiday-thinned trade. Better-than-projected US NFP data has offered some relief to the US…

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GBP/USD steadies around 1.3650 due to rising uncertainty over Trump’s tariff plans

GBP/USD moves little as traders remain cautious amid increasing uncertainty surrounding Trump’s plans for tariffs. Trump said that he will…

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