US dollar news

The Turkish Lira continues its sharp depreciation against the US Dollar, with USD/TRY trading in a bearish channel and testing new historical support levels.

EUR/USD is stuck in a tight range as traders await pivotal US and Eurozone data, with price direction hinging on whether 1.10 holds or 1.13 breaks.

Gold prices have pulled back sharply as risk appetite rises and dollar strength continues, with XAU/USD potentially retesting $3,000 before any bullish recovery.

The Forex market generally is lacking direction, and this currency pair is no exception.

The NZD/USD hovers near 0.58875 amid shifting institutional sentiment, with traders eyeing 0.58800 as key support and 0.59400 as a potential short-term rebound target.

Markets are mostly flat ahead of US economic data releases, with fading trade optimism, AUD/JPY volatility, and Bitcoin showing signs of a bearish reversal.

Markets Showing Little Direction as China Trade Deal Euphoria Fades; Trump Claims Saudi, Qatar Deals Worth Over $1 Trillion to US Economy; Key US PPI, Retail Sales, Unemployment Data Due

Bitcoin remains bullish across timeframes, with a breakout above $108,250 confirming cup-and-handle and double-bottom patterns that could fuel a rally toward $140,000.

The GBP/USD pair is forming a bullish cup and handle alongside a flag pattern, suggesting a potential breakout toward 1.3435 if upcoming UK and US data support momentum.

The EUR/USD pair maintains a bullish structure ahead of key economic releases and Powell's statement, with a potential move toward 1.1300 if 1.1090 support holds.

Silver dropped sharply on Wednesday, pressured by surging US interest rates and weak industrial sentiment, as the market tests support near the $32 consolidation floor.

Bitcoin eased slightly on Wednesday, consolidating below the $106K resistance after a sharp 40% rally, with strong support seen at $100K and $96K.

The US dollar bounced off the 1.39 level against the Canadian dollar on Wednesday, with momentum building amid stalled US-Canada trade talks and USD resilience.

The euro reversed gains near 1.12 as rising US interest rates and long-term resistance triggered a pullback, with traders eyeing 1.0950 support and 1.13 resistance.

The British pound gave up early gains near the key 1.34 level, with technical resistance, US rate hikes, and repeated rejection patterns signaling potential downside.

The Australian dollar gave back gains on Wednesday, failing at 0.65 as rising US interest rates and Chinese economic uncertainty kept the pair in a sideways range.

The US dollar is showing renewed strength against the Swiss franc as climbing US interest rates and minimal Swiss returns attract buyers near key technical levels.

Trump's move to lift sanctions has sparked jubilation in Damascus, but can curbs on the war-torn nation be swiftly eased to aid economic reconstruction?

Trump's move to lift sanctions has sparked jubilation in Damascus, but can curbs on the war-torn nation be swiftly eased to aid economic reconstruction?

Trump's departure from decades of established trade practices is leaving a lasting impact on the German auto industry. Carmakers can do little but wait and hope things won't turn out as badly as feared.

The USD/BRL pair is testing key support at 5.6000 as improving U.S.-China trade sentiment strengthens the Brazilian real, though political and fiscal risks remain a wildcard for near-term direction.

Gold remains under bearish pressure as traders test the $3200 support level, but soft US CPI data, ongoing ETF inflows, and safe-haven demand are helping stabilize prices near $3235.

EUR/USD is attempting a rebound from 1.1061, testing the 38.2% Fibonacci level at 1.1189, with short-term bullish signals emerging despite a broader bearish trend and mixed moving average momentum.

The British pound rose sharply on Tuesday, but triple weekly shooting stars and resistance near 1.34 warn of a potential reversal unless a breakout above 1.35 confirms bullish continuation.

The euro rebounded from the 50-day EMA and key 1.11 support, though failure to reclaim the 1.12–1.13 zone suggests rising downside risk amid broader USD strength.

Gold bounces off $3200 as 50-day EMA converges with support; bullish momentum builds on USD weakness and central bank demand.

The US dollar slipped against the Swiss franc on Tuesday, testing key support at 0.84 after failing at the 50-day EMA, with traders watching 0.8550 resistance amid shifting risk sentiment.

USD/CAD reversed Tuesday after testing the 200-day EMA, with 1.3750 offering near-term support as the pair consolidates in a range amid lingering US-Canada trade uncertainty.

The US dollar eased against the yen on Tuesday but remains supported above 145, with a strong triple bottom at 140 and a bullish outlook toward the 150 resistance zone.

The Australian dollar surged on Tuesday following softer US CPI data, with traders watching the 0.65 level as a key breakout point amid optimism over US-China trade progress.

US CPI Drops to Lowest Level Since 2021

USD/ILS trades in a narrow range near 3.558 with limited volatility and low liquidity, as traders look for small technical opportunities amid stable fundamentals and political caution.

Yesterday saw the Euro continue to rise after making a strong bounce against the Dollar from a medium term low and key support on Monday.

The AUD/USD pair surged following softer US inflation data, with bullish technical patterns like a mini golden cross and inverse head and shoulders supporting a move toward 0.6550.

Bitcoin continues its bullish momentum toward all-time highs, supported by a golden cross, strong ETF inflows, and tightening exchange supply amid Fed rate cut expectations.

US CPI Slightly Lower Than Expected, Stock Markets Higher; US President Trump Announces Huge Deal With Saudi Arabia; Australian Wage Price Index Ticks Higher

The GBP/USD pair bounced to 1.3300 after soft US inflation data and a bullish engulfing pattern, with technicals pointing to a move toward the 1.3435 resistance level.

The US currently has no high-speed rail services, but two are under construction, and more planned.

As the US tightens trade restrictions with some Latin American countries, Chinese influence grows on the continent. Many Latin American governments see China as offering greater stability.

The EUR/USD pair turned bearish ahead of key inflation data, sliding toward 1.1065 as US-China tariff easing boosts the USD and traders eye support at 1.1000.

Gold prices declined sharply to near $3,235 amid easing global tensions and a stronger USD, with traders watching support at $3,165 and resistance at $3,300 for next moves.

The US dollar surged against the Swiss franc on renewed US-China trade optimism, breaking key resistance at 0.84 with 0.85–0.87 now in focus despite ongoing volatility.

The British pound surged against the Japanese yen on risk-on momentum from US-China trade optimism, with a breakout above ¥196 potentially opening the path to ¥200.

The British pound fell sharply after failing to break 1.33, with the strengthening US dollar and technical pressure pointing toward key support near 1.3090.

The NASDAQ 100 surged nearly 4% following US-China trade progress, with 21,000 acting as resistance and retail-driven momentum pointing toward new all-time highs.

The Australian dollar erased early gains despite positive US-China tariff news, with AUD/USD showing bearish signals below 0.6350 as the US dollar strengthens broadly.

USD/JPY jumps on risk-on sentiment and tariff relief; 140 seen as key support with potential bullish momentum building toward 150.

After approaching its record high price well above $100k, Bitcoin sold off yesterday on the US Dollar revival but found support at $101,581.

The euro fell sharply after US-China trade progress, with EUR/USD facing resistance at 1.12 and likely heading toward 1.0950 amid continued bearish sentiment.

The USD/CAD pair is bouncing strongly as the US dollar gains on trade optimism and Canada's economic underperformance, with technicals pointing to a potential rise toward 1.42.

The USD/ZAR pair is consolidating in a tight range as markets weigh mid-term uncertainty, with resistance near 18.26800 and support around 18.24050 shaping short-term momentum.

The USD/MXN pair has bounced off recent lows as USD strength returns, but with volatility and conflicting sentiment, resistance near 19.62500 may test bullish momentum.

Despite a retreat on USD strength, the AUD/USD pair may rebound to 0.6500 as trade optimism and technical patterns support a short-term bullish outlook.

The GBP/USD pair has dropped sharply as USD strength surges on US-China trade hopes, with key UK and US economic data likely to drive further moves.

The EUR/USD pair broke key support as USD strength surged on US-China trade progress, with bearish momentum likely to persist ahead of US inflation data.

US CPI Data Release Today Will Be Closely Watched; US/China Trade Deal Sends Stock Markets and the US Dollar Strongly Higher; Markets Expect Only 2 US Rate Cuts This Year of 0.25%

It is not an end to the trade war, but it is a significant truce, writes the BBC's economics editor.

The Turkish lira continued its sharp decline against the U.S. dollar, losing over 30% in a week, with bearish pressure dominating amid oversold signals and weak fundamentals.

Gold prices remain under pressure near $3326 amid risk-on sentiment and U.S.–China trade optimism, with a possible break below $3220 signaling deeper losses.

USD/JPY extended gains to 146.28 on risk-on sentiment from US-China trade progress, with bulls eyeing 147.50–150.00 and key support holding near 145.00.