US dollar news

U.S. stocks plunge on fears that rising inflationary pressures will begin to eat into companies' profit margins more aggressively in the coming quarters, clouding the outlook for future earnings.

Chris, Victor and Dan Ives explore experiences in past downturns, fears regarding China's lockdowns and the global supply chain, and the future of tech stocks.

After Tuesday’s strong rally, GBP/USD tanks, but the move could be temporary as the UK’s four-decade high inflation could end up producing a more aggressive tightening response from the BoE.

Canadian inflation data came in hotter than expected for April, which could force the BoC to become even more hawkish in the months ahead.

During the recent trading sessions, we noticed a rebound in the price of the euro currency pair against the dollar, EUR/USD, with gains to the resistance level of 1.0556.

As the performance of last week, the USD/JPY currency pair has been moving since the start of this week’s trading in a narrow range with an upward bias.

The British pound succeeded in achieving gains against the euro and the dollar after the release of British labor market statistics that revealed a strong jump in wages and a larger-than-expected drop in unemployment.

Gold futures have struggled for direction since this week's trading began as the Federal Reserve revealed its willingness to raise US interest rates as long as necessary to fight inflation.

The Turkish lira continues to decline against the dollar, which was ranked as the third worst currency this year.

The Euro continues to probe the important 1.05 level against the US dollar despite recent talk from one ECB hawk that an out-sized 50 basis point rate hike is possible in the coming months.

The Japanese Yen appears to have settled into consolidation mode, hovering below the crucial 130 level. Upside risks of growth and rates differentials against the US remain

Ethereum price has been in a consolidation mode in the past few days as investors reflect on last week’s crash of Terra and the extremely hawkish statement by Jerome Powell.

Cardano price has been in a spectacular sell-off as concerns about the crypto industry continues.

UK headline inflation hit 9% in April, according to the latest ONS release, the highest level in four decades as energy bills continue to jump.

The price has room to rise to $33,445.

The US dollar fell against the Brazilian real on Tuesday as we have broken below the 5.00 BRL level.

The US dollar fell a bit on Tuesday to break down below the 20 pesos level.

The S&P 500 rallied a bit on Tuesday but still sits below a major resistance barrier.

The Bitcoin market initially rallied on Tuesday but gave back gains above the $30,000 level.

Neo has done nothing for the last several days, and it does not look as if it has any real hope of recovering for a longer-term move.

Ripple has done almost nothing on Tuesday as we continue to see crypto markets do nothing as well.

AUD/USD volatility may surge ahead of the Australian election and local jobs data, while spillovers from the Ukraine war could push investors into the arms of the haven-linked US Dollar.

The GBP/USD pair found some support at its lowest level since May 2020 after the strong UK employment numbers.

The EUR/USD pair rallied to the highest level since May 11th ahead of the upcoming Euro area consumer inflation data.

The AUD/USD pair tilted upwards as the US dollar rally eased.

Global Inflation Clues Due Today; Powell Says Fed Ready to Keep Hiking; US Dollar Recovering, Commodity Currencies Weaker

The Nasdaq 100 continued to bounce off recent lows as decent data overcame a Fed Chair that's staring down inflation. Is it a bear market rally or is a true upturn afoot for NDX?

Fresh data prints coming out of Australia may fuel a larger rebound in AUD/USD as employment is expected to increase for six consecutive months.

The Nasdaq 100 rebounds after Monday’s disappointing performance, but the tech index remains in a bear market, a condition that may limit its appeal among technical traders in the short term.

GBP/USD soars on Tuesday and notches its largest one day increase since October 2020, supported by broad-based U.S. dollar weakness and strong UK employment data.

Ahead of the release of a batch of important and influential British and US economic data, the GBP/USD exchange rate deepened in a downtrend for nearly a year.

At the end of last week's trading, the price of the USD/JPY currency pair is stabilizing this week, as it is the closest to breaching the 130.00 psychological resistance again.

Euro exchange rates were flat at the start of the new week's trading and at least some of the rally can be attributed to comments by a prominent member of the European Central Bank.

The Turkish lira continues to fall against the dollar without any significant correction.

AUD advances on the back of hawkish RBA minutes while Australia’s key trading partner China, progresses on their recently damaging COVID-19 condition.

The US dollar initially rallied on Monday but gave back gains rather quickly as the WTI Crude Oil market strengthened.

SOL/USD is within sight of highs recently made, but the incremental gains attained by Solana remain under the shadow of speculative unease.

Gold is keeping hold of yesterday's gains but is struggling to push further ahead as bearish technical headwinds continue to blow.

BTC/USD is within an uneasy price range as it continues to linger unsteadily, leaving speculators with questions regarding their perceptions.

The US dollar initially rallied on Monday but gave back gains rather quickly as the WTI Crude Oil market strengthened.

The S&P 500 did very little on Monday as we have run out of momentum.

The euro rallied just a bit on Monday to show signs of life again, but at this point, it seems that the market is in a strong downtrend.

Unlike most of the crypto market, Monero took off to the upside on Monday, gaining 15%.

The Ethereum market initially tried to rally on Monday, but then gave back the gains to form a less-than-impressive candlestick.

The US dollar went back and forth on Monday as we are hanging about the area just above the 1.39 level.

The US dollar went back and forth on Monday as we continue to threaten a major breakout against the South African rand.

GBP/USD pushed higher this morning after solid UK employment numbers ahead of tomorrows UK inflation print.

The price has room to rise to $33,445.

The EUR/USD pair declined slightly as concerns about the future of the European economy continued.

The GBP/USD price is still on edge as investors wait for the upcoming economic data from the US and the UK.

The AUD/USD pair pared back some of the losses it made on Monday morning after the weak Chinese economic data.

Stock Markets Recover In Asian Session; Cryptos Continue Recover from Breakdowns; Yen & US Dollar Weaker; Agricultural Commodities Rising to New Highs

The Euro has lifted off recent lows as the US Dollar softened ahead of commentary from Fed Chair Jerome Powell today. Will EUR/USD overcome momentum?

The US Dollar roared higher recently, but it appears that the Chinese Yuan may provide clues for future moves. How will the USD/CNY impact the DXY index?

Developments in the RSI raises the scope for a larger pullback in USD/JPY as the momentum indicator establishes a downward trend.

U.S. stocks fail to extend Friday's rally at the start of the new week ahead of April U.S. retail sales data, as Wall Street doubts the worst is over in terms of equity market weakness.

The price of crude oil may continue to retrace the decline from the yearly high ($130.50) as it clears the opening range for May.

The major EUR-crosses are coalescing around a singular theme.

The Federal Reserve is in its communications blackout window, elevating the importance of US economic data in the days ahead.

Stocks remain under pressure as risk appetite cools off to start the week.