US dollar news

The US dollar against the Turkish lira has stabilized within the same trading range it has been moving in for the past few weeks.

At the beginning of this week, the weakness of the Japanese yen prompted new verbal warnings.

In recent trading sessions, the GBP/USD exchange rate has fallen to its lowest level since mid-September at the 1.3070 support level after reports indicated that the US economy added 254,000 non-farm jobs in September, exceeding expectations of a reading of 147,000 jobs.

At the end of last week, the US dollar strengthened against other major currencies as the likelihood of a 50-basis point interest rate cut in November diminished.

At the beginning of this week, the price of gold retreated to below $2,642 per ounce, continuing its decline from record highs in the wake of indicators of a strong US Labor market, which reduced the likelihood of the Federal Reserve continuing to aggressively cut US interest rates.

The NASDAQ 100 rallied a bit during the trading session on Friday as the markets continued to rock back and forth.

The USD/MXN has traded lower the past handful of days and has sustained lower near-term elements as today has started. However, traders need to be careful regarding the potential of reversals developing.

The USD/ZAR has traded higher in the past handful of days as a combination of risk adverse sentiment, U.S interest rates concerns, and domestic news effect financial institutions.

I’ve noticed that the New Zealand dollar has fallen pretty significantly during the trading session on Friday.

During the trading session on Friday, I noticed that the USD/CHF pair looks very strong, as we have broken above the crucial 0.8550 level.

The GBP/USD exchange rate drifted downwards after the US published strong jobs numbers on Friday.

The Euro plunged during the trading session on Friday after the jobs number in America came out much hotter than anticipated.

Bitcoin held steady on Monday morning as the recent consolidation continued.

The Australian dollar retreated for four consecutive days, erasing most of the gains made in September.

A resurgent US Dollar boosted by strong US jobs and earnings data last Friday is dragging the price down. The action looks quite heavy and suggests that an attempt will be made to break below the support level at $1.0947.

Friday Saw Strong US Jobs & Earnings Data, Boosting Greenback; US Treasury Yields Soar; Japanese Currency Ambassador Monitoring Market

Last week saw a huge rebound in the Forex market in favour of the US Dollar following very strong US jobs data, although some risky assets, notably stocks and precious metals, held up firmly against the greenback.

Nervousness is the pervading theme in the EUR/USD for the moment and the currency pair went into this weekend near the 1.09750 level.

Get the weekly Forex forecast for major currency pairs for the week of October 7-12, 2024 here.

The jump in hiring will ease fears of a downturn but raises questions over the path for interest rates.

During my daily analysis of exotic currency pairs, the US dollar is captured my attention as we continue to see it stretch higher against the Indian rupee.

The S&P 500 initially pulled back just a bit during the early hours on Thursday, only to turn around and show signs of life.

The New Zealand dollar broke down a bit during the course of the trading session on Thursday, as it looks like we are going to reach towards the 0.62 level.

At this point in time, it looks like the US dollar continues to see plenty of buyers against its northern neighbor as the 1.3450 level has offered support yet again.

The Euro initially did drop a bit during the early hours on Thursday, but really at this point in time, the 1.10 level underneath continues to be the main area of interest.

The New Zealand dollar initially did try to rally during the trading session on Wednesday but then turned around to show signs of exhaustion.

The US dollar has initially pulled back just a bit against the Swiss franc only to turn around and show signs of life.

The US dollar initially rallied during the trading session on Wednesday to try to reach the 17.50 Rand level, an area that was tested during the previous session.

The euro fell again during the trading session on Wednesday as we are testing the 50-day EMA.

The Turkish Lira rose slightly during early trading on Thursday. While the pair continued to trade in the same limited range around 34.20 levels throughout

Gold prices stabilized around $2,655 per ounce today, Thursday, remaining relatively close to their all-time highs as the escalating crisis in the Middle East

The Japanese yen depreciated to around 147.20 yen against the US dollar today, Thursday, hitting a month-low after new Japanese Prime Minister Shigeru Ishiba

The US dollar has recently rebounded amid risk-off sentiment fuelled by geopolitical tensions, particularly in the Middle East, causing the GBP/USD currency

The EUR/USD currency pair has been declining since the beginning of the week due to risk-off flows, weak September inflation figures in the region, and mixed

The GBP/USD exchange rate pulled back sharply as investors embraced a risk-off sentiment in the market.

The EUR/USD exchange rate retreated for four consecutive days, reaching its lowest point since September 12 as the US dollar comeback continued.

The Australian dollar pulled back on Thursday, continuing a trend that has been going on after it peaked at 0.6942.

During my daily analysis of major currency pairs, the USD/CAD pair captures my attention due to the fact that we are heading toward a major support level.

Bitcoin suffered a harsh reversal this week after finding a strong resistance at $66,000 last week.

The US dollar is seeing increased demand at the start of the new month and quarter, buoyed by the latest guidance from Federal Reserve Chair Jerome Powell regarding US interest rates.

The US is seeing one of its biggest port closures in nearly half a century as dockworkers went on strike. German vehicle manufacturers may need alternatives to these strategic East Coast ports.

The US is seeing one of its biggest port closures in nearly half a century after dockworkers went on strike. German car manufacturers may need to find alternatives to these strategic East Coast ports.

The EUR/USD exchange rate is poised to decline for the third consecutive day, driven by a decline in September's Eurozone inflation figures and diverging communications between global central banks.

The downwards momentum in the NZD/USD the past two days of trading has brought the currency pair back to curious technical support ratios which are likely to attract speculative wagers.

The Japanese yen fell below 144 against the US dollar, falling for the second consecutive session, after US Federal Reserve Chairman Jerome Powell dismissed bets on further large cuts to US interest rates.

Last night’s barrage of missiles into Israel certainly caused nervousness in financial institutions and the USD/ILS did trade upwards.

The US Dollar has strengthened as the prospect of all-out war in the Middle East grows following Iran’s attack on Israel. The price seems to have made a convincing top, so the outlook is bearish but consolidative over the short term.

The US dollar initially did rally against the Canadian dollar but then plunged later as we had received a little bit of soft economic news.

The West Texas Intermediate Crude Oil Market, or US oil, skyrocketed after initially falling during the trading session.

The USD/PHP currency pair has caught my attention as it shows just how strong the US dollar is trying to become.

EUR/USD: The Euro stands out as it has plunged quite drastically.

The GBP/USD pair has caught my attention due to the fact that it has been so negative.

The USD/CHF pair captures my attention due to the fact that it seems like we are hell-bent on continuing the overall consolidation that we had seen for some time.

The USD/MXN pair is definitely worth paying close attention to.

Iran Attacks Israel With Hundreds of Missiles, Entire Israeli Population Shelters for an Hour; US Dollar Rises, Stocks Fall Except in China; Crude Oil Firms on Fears of Escalating Mideast Conflict

The EUR/USD pair pulled back for the third consecutive day after the strong US jobs report, weak manufacturing data, and rising geopolitical risks.

Bitcoin and other risky assets retreated sharply in the overnight session amid rising geopolitical risks in the Middle East.

The AUD/USD currency pair pulled back as the recent enthusiasm about China’s stimulus faded, and as the US dollar rebounded to $100.95.

Amid the successive news about developments in the oil-rich Middle East region and the possibility of a large-scale war coinciding with the change in the policies of global central banks, the US dollar against the Japanese yen USD/JPY is moving in a range between 141.64 and 143.90 at the beginning of this exciting week's trading

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