US dollar news

The Australian Dollar remains hostage to commodity market gyrations, as low interest rates are unable to attract buyers. Will yields go higher to turn the AUD/USD around?

Aside from the rising uncertainty in China over Evergrande default risks, two central bank decisions will dominate the market theme next week.

USD/JPY appears to be on track the test the monthly high (110.45) as the 10-Year Treasury Yield climbs to a fresh weekly high (1.37%).

The US Dollar is trading at a fresh September high and next week brings the FOMC. Can the Dollar challenge its next resistance level even before the announcement?

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Fundamental anticipation ahead of FOMC and BOE leaves GBP/USD stuck in a tight range

The NASDAQ 100 has fallen significantly during the course of the trading session on Thursday but then turned around to show signs of life again.

The S&P 500 has pulled back during the trading session on Thursday, but then turned around to show signs of strength again as we ended up forming a hammer.

The US dollar shot straight up in the air during the trading session on Thursday as retail sales came out much stronger than anticipated.

The Australian dollar has fallen a bit during the course of the trading session on Thursday as the 0.73 level has finally been pierced.

The Bitcoin has rallied ever so slightly to reach towards the $50,000 level but is clearly running out of some of the momentum seen over the last couple of days.

The Euro has broken through major support during the course of the trading session on Thursday as we have broken through the 1.18 level again.

The British pound got absolutely crushed during the trading session on Thursday as the US retail sales came out much stronger than anticipated.

The British Pound has been moving sideways and struggling for direction. Can Sterling find some footing, or will the US Dollar take the wheel ahead of FOMC?

Gold prices may be at risk if University of Michigan Sentiment data beats expectations after US retail sales sank XAU/USD as the US Dollar and Treasury yields rallied.

The New Zealand Dollar fell going into Friday's APAC session after risk aversion took hold in the US trading session. Safe-haven US Dollar bids weighed on NZD/USD.

AUD/USD extends the decline following the contraction in Australia employment as fresh US data prints fuel speculation for an imminent shift in Fed policy.

The US Dollar spiked up to a fresh September high today, but can bulls maintain the move with the FOMC scheduled for next week?

The price of gold may face a further decline ahead of the Federal Reserve interest rate decision on September 22 amid broad based weakness across precious metals.

USD surge on retail sales, hawkish Fed up next?

Bitcoin (BTC) prices edge towards $50,000 but bulls need to clear a few hurdles first.

XAU/USD is unable to break higher despite softer US CPI and economic slowdown

The Bitcoin price is currently trading at $47,908, which is about 12% above the lowest level last week.

The GBP/USD pair tilted upwards in the overnight session as traders continued to reflect on the strong UK inflation and mixed US production numbers.

GBP/USD is a little weaker in early European hours Thursday but continues to trade within a relatively narrow range, unaffected by Wednesday’s UK Cabinet reshuffle.

The EUR/USD remained in a consolidation mode as the market reflected on the recent inflation and industrial production numbers from the US.

The AUD/USD pair declined slightly during the overnight session after the relatively weak Australian jobs numbers.

The anti-risk Japanese Yen appreciated during Thursday’s Asia Pacific trading session while AUD and NZD reacted to key data. Will USD/JPY break out?

Bitcoin has rallied again during the trading session on Wednesday, to show signs of recovery yet again.

Bitcoin has rallied again during the trading session on Wednesday, to show signs of recovery yet again.

The S&P 500 has rallied significantly during the course of the trading session on Wednesday to wipe out the losses of the Tuesday session.

The NASDAQ 100 initially fell on Wednesday to reach down towards the 15,300 level before turning around and showing signs of strength again.

The British pound has rallied significantly during the trading session on Wednesday but continues to see a lot of resistance at a major downtrend line.

The Australian dollar has gone back and forth during the course of the trading session on Wednesday, to save itself near the 0.73 level.

The Euro initially tried to rally during the trading session again on Wednesday but gave back gains to form a bit of a shooting star.

The Australian Dollar took a hit but remained higher on the day versus the US Dollar after a big jobs report miss. The 146k jobs lost in August bolsters calls for a Q3 economic contraction.

A comeback in US equities is helping to lift sentiment in Thursday's APAC session. A blowout GDP report out of New Zealand bolstered the risk-taking mood as traders eye the Australian jobs report.

New Zealand posted GDP growth for Q2, with a record print for YoY growth propelling the Kiwi higher in immediate trade.

The price of oil appears to be on track to test the August high ($73.95) as crude breaks out of the descending channel from earlier this year.

Markets have so far taken news around Evergrande in stride, but there's possible risk here, and the Fed is at a potential turn, making for tough timing.

NZD/USD appears to be trading within bull flag formation as it tracks the monthly opening range for September.

Bullish engulfing in USD/ZAR yesterday raises questions of a potential reversal in one of the strongest performing EM currencies this year

Mandates in the US, France and elsewhere are requiring certain workers to get vaccinated against COVID-19. But many say they'd rather leave a job than get the jab. Can an economy in crisis handle the blow?

UNI/USD has experienced a wave of choppy trading short term and is currently near important resistance levels.

USD/JPY is struggling to consolidate the final leg off its symmetrical pattern

The USD/BRL has turned in a rather intriguing trading display the past couple of days as its resistance levels have incrementally lowered and consolidation has increased.

The USD/MXN continues to produce an extremely tight price band and its ability to demonstrate solid support may attract speculators with a taste for adventure.

The USD/INR remains within the higher price vicinity it has traversed the past few days and its recent consolidation may be signaling action to come.

UK inflation recorded its highest jump on record last month, boosting GBP/USD as the figures focused attention again on whether and when the Bank of England will taper UK monetary policy.

The S&P 500 fell significantly after initially trying to rally on Tuesday.

The NASDAQ 100 initially rallied a bit on Tuesday but gave back the gains again as we continue to see a little bit of negativity in this market.

The EUR/USD pair wavered in the overnight session as traders reflected on the latest American inflation data.

The AUD/USD pair declined in the overnight session after the relatively weak Chinese and American economic data.

The US Dollar continued to find firmer footing following soft US CPI amid weak data through the Asian session. Will EUR/USD stay in the range or break lower?

$47,532 will form either a bullish breakout or a bearish double top.

Range-bound between 1.3721 and 1.3900.

US CPI Lower Than Expected; Poor Chinese Retail Sales Hits Stocks; Natural Gas Hits Multi-Year High

The Australian dollar fell on Tuesday to show signs of weakness yet again.

The Bitcoin market rallied a bit on Tuesday to show continued respect for the 50-day EMA which sits just below.

This is a market that is all over the place and has no idea what it wants to do next.