US dollar news

The sharp USD/CAD rally has now pushed the pair into extreme overbought territory according to one technical indicator

The Rand has been hampered this week after the Fed’s hawkish jolt bolstered the U.S. dollar. As we look to close out Q2, will the ZAR be able to hold on as the best performing EM year-to-date?

The British pound has walked back the entire bullish move over the last couple of months

The US dollar has rallied quite nicely during the trading session again on Thursday, as we continue to see the reaction from the Wednesday press conference out of Jerome Powell.

The West Texas Intermediate Crude Oil market broke down a bit during the trading session on Thursday as we continue to see a lot of noise and fallout from the Federal Reserve announcement on Wednesday.

GBP/USD continues to slide as the US Dollar attracts further bullish momentum

News that the Fed intends to rein in its current ultra loose monetary policy sooner than anticipated has pushed the greenback to a 2-month high.

Gold prices may find a lifeline after suffering brutal losses in the wake of a momentous Fed policy pivot as traders ponder scope for rate hikes even as the timing quickens.

The Japanese Yen was largely unchanged following the Bank of Japan’s (BoJ) latest policy decision. Policymakers kept the super easy policy in place as Japan lags in its efforts to fight the pandemic.

The Dow Jones is back to underperforming the Nasdaq 100 as long-run US inflationary bets fade after the Fed. Ahead, the Nikkei 225 is eyeing the BoJ as the ASX 200 appears toppy.

The Australian Dollar is down, and maybe out for a while after the FOMC-induced US Dollar surge. The Greenback's strength is also spilling over into the commodities market where lumber prices conti...

Gold price action has plunged over -5% so far this week. Can XAU/USD stage a rebound or will the hawkish Fed dot plot and corresponding US Dollar strength continue to weigh on the precious metal?

USD/JPY turns lower after colliding with a key technical resistance area, but the dollar bias remains positive post-Fed.

AUD/USD appears to be on track to test the yearly low (0.7532) as the exchange rate slips below the 200-Day SMA (0.7548) for the first time since June 2020.

The Dow Jones is at risk of a major breakdown after a slightly hawkish Federal Reserve sent stocks lower. Should price pierce the trendline, the Industrial Average could fall further in the days ah...

The Euro put in a big move yesterday on the back of the FOMC rate decision, but which markets are primed for fading that move and which are showing potential new trends?

A deal between the UK and US means tariffs on goods such as Scotch whisky will be suspended for five years.

A move below 30 in the RSI is likely to be accompanied by lower gold prices like the behavior seen in March.

A more hawkish stance of FOMC members coupled with SA’s new stricter lockdown regulations buoy USD/ZAR pullback

The US Federal Reserve yesterday raised its forecasts for inflation and the pace of rate hikes, sending stock markets lower and the U.S. dollar higher.

Amid the worst daily performance of the EUR/USD currency pair in months, the pair collapsed from the resistance level of 1.2135 to the support level of 1.1994

To complete the upward correction path for the performance of the USD/JPY currency pair, the US Central Bank contributed to providing more momentum to push the pair towards the 110.82 resistance level.

The bears succeeded in breaching the 1.4000 psychological support level for the GBP/USD currency pair.

USD/CAD corrects higher on hawkish Fed, positioning may fuel further rise.

The USD/CAD sprang higher late last night as the U.S Federal Reserve announced its interest rate policy and resistance levels crumbled quickly.

The USD/JPY saw a sudden burst of volatility late last night upon the interest rate policy statement from the U.S Federal Reserve.

Speculators should take a long look at the Brazilian real as it trends near important support levels and has produced a capable trend.

ETH/USD has traded lower the past two days and it has broken through short-term support ratios which may be causing concern among bullish speculators.

The Dow Jones leads global equities lower as the FTSE 100 takes the biggest hit in Europe

The Euro is back at lows last seen in mid-April against a resurgent US dollar after Wednesday’s FOMC meeting left US dollar bulls empowered

1-year high price in sight at 110.97.

The market is obviously seeing bullish pressure based upon the fact that a lot of short covering happened later in the day.

GBP/USD has broken below support from a trendline connecting the higher lows of an upward-sloping channel in place since March 2020.This could mark the start of a new trend lower.

The euro got absolutely crushed during the trading session on Wednesday as the Federal Reserve came out and suggested that inflation was running a bit hotter than originally anticipated.

The British pound initially tried to rally during the trading session on Wednesday but then gave back the gains as people start to worry about the Federal Reserve and whether or not it is going to taper within the next couple of years.

Gold markets got hit during the trading session on Wednesday, breaking down below the crucial $1850 level as the statement coming out of the Federal Reserve suggests that perhaps they will be tightening rates sooner than originally thought.

It is only a matter of time before the buyers come back into the marketplace and try to pick up a little bit of value.

The US Dollar aims to extend higher having roared to life in the wake of a momentous Fed policy meeting. Testimony from Treasury Secretary Yellen is now in focus.

Support near 1.2000 breaks down.

Cardano is testing a very serious level that will determine where we go next.

Bitcoin pulled back from the $40,000 level again, which is a bit of a concern at this point because we have made several attempts to break above that level, but it looks as if we continue to struggle.

Crude oil prices retreated from recent highs as the Fed’s hawkish signals propelled the US Dollar, weighing on commodity prices. The demand outlook remains bright after inventories fell the most in...

The BTC/USD retreated after the hawkish Federal Reserve interest rate decision.

The GBP/USD pair crashed after the latest Federal Reserve interest rate decision.

Fed Sees Inflation in 2021, Rate Hikes in 2023; USD Jumps; Gold, Euro, Loonie Plunge.

The FOMC decision tanked gold after bond bears drove Treasury yields higher on a less dovish Fed. However, the central bank remains patient, which may help gold as bond markets stabilize.

Australian employment data blew consensus forecasts out of the water on Thursday, highlighting the strength of the country’s recovery.

The S&P 500 index pulled back as the Fed’s dot plot signaled two rate hikes are likely by the end of 2023. The US Dollar index surged, weighing on commodity prices. APAC stocks may follow lower at ...

The New Zealand Dollar rebounded on upbeat gross domestic product (GDP) figures following a sharp turn lower from FOMC-induced Greenback strength.

The Dow Jones is at risk of a major breakdown after a slightly hawkish Federal Reserve sent stocks lower. Should price pierce the trendline, the Industrial Average could fall further in the days ah...

The US Dollar is trading sharply higher in the wake of the latest Federal Reserve announcement, but Fed Chair Powell's dovish downplay of upgraded dot plot projections could see USD strength fade.

The US central bank brought forward its projection for an interest rate hike into 2023 on Wednesday.

The Federal Reserve interrupted markets today with a slightly more hawkish tone than previously expected. This pushed USD/ZAR to levels last seen in may but will the Rand pull back lost gains as ma...

The overbought reading in the Relative Strength Index (RSI) may continue to be accompanied by higher crude oil prices like the behavior seen earlier this year.

The US Dollar is spiking higher alongside Treasury bond yields as markets react to the latest Fed announcement, which shows two interest rate hikes penciled in the dot plot by the end of 2023.

Gold prices have pulled back from the bull flag breakout, and are now sitting on a massive spot of support ahead of the FOMC.

Learn about the US central bank, its key mandates, and how to trade Fed interest rate decisions.

EUR/USD bounces back from the 50-Day SMA (1.2104) ahead of the Fed rate decision, with the central bank expected to retain the current course for monetary policy.

For the third consecutive day, the bulls are settling at the price of the USD/JPY currency pair above the 110.00 psychological resistance.

Since the start of this important week’s trading, the price of EUR/USD currency pair has been moving in narrow, limited ranges, as we expected since the end of last week’s trading.