US dollar news

Massive gains by the Japanese Yen on soaring investor confidence in Japan, plus a weaker US Dollar on the prospect of more interest rate cuts due in 2026, dominated the markets last week.

At the close of trading on Friday the GBP/USD was near the 1.36514 ratio, this after touching a low earlier in the day when the currency pair lurched towards the 1.35920 mark upon nervousness.

Weekly outlook covering USD pairs, gold and silver, highlighting technical levels, trends and potential breakout opportunities.

Prices rose by 2.4% in the year to January, the latest official figures show, the slowest pace since May.

The US dollar is testing key support at the 152-yen level and the 200-day EMA, with Friday’s CPI data likely to determine the next major move in USD/JPY.

The US dollar rebounded slightly against the Mexican peso on Thursday, but the prevailing downtrend and carry trade dynamics continue to favor the peso.

The British pound remains volatile against the US dollar ahead of key US inflation data, with critical levels at 1.3750 and 1.35 set to determine the next move.

The Euro rose slightly on Thursday as traders weigh hotter US job data against upcoming CPI, with 1.18 as key support and upside capped near 1.23.

As hiring rates and job openings drop, some worry a tough job market could be here to stay.

As of this writing the USD/MYR is around the 3.9055 ratio as it swims within depths that continue to test technical perceptions and long-term charts.

The price made a further slow decline but seems to have found support and will look more bullish following a breakout beyond $1.1887.

The NZD/USD is around the 0.60570 mark as of this writing with its usual fast fluctuations and wide spread offering a casino like experience for speculators considering pursuit.

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The GBP/USD exchange rate pulled back slightly after the US reported a stronger jobs report than expected. It retreated to a low of 1.3627, down from this week’s high of 1.3720, as focus shifts to the upcoming US inflation and UK GDP reports

Bitcoin price remained under pressure on Thursday as investors remained on the sidelines and as end divergence with the stock market gained steam. The BTC/USD pair retreated below 68,000, down sharply from the year-to-date high of 126,300.

The Australian dollar rally continued, reaching its highest level since 2024 after the US released a strong jobs report.

Yesterday’s delayed January employment report was surprisingly strong, led by a sharp rise in non-farm payrolls (NFP). Investors had a chance to review a fresh batch of US data, and risk appetite headed higher as the US Dollar has retreated against the major currencies, while equity markets are pointing higher.

Employers added a greater-than-expected 130,000 jobs in January, according to the latest figures.

The USD/BRL has been traversing lower depths for a few days as the currency pair has correlated to the broad Forex market, yesterday’s close near the 5.1985 ratio will cause speculators to watch its opening today with anticipation.

The Aussie dollar has pulled back just a touch during the early hours of trading on Tuesday as the same ceiling continues to frustrate the bulls in this pair.

The US Dollar is weak, but the British Pound is not very strong, so upside may be limited and data dependent.

The US dollar has rallied slightly during the early hours here on Tuesday as we are sitting at a major bottom that could open up. This is a market that continues to pay you for being short.

The 7,000 level above continues to push the market back down, as we are working through the earnings season.

The US dollar tried to rally on Tuesday but failed miserably against the Japanese yen.

The USD/SGD is again traversing the lower elements of its long-term values as the currency pair is around 1.26228 as of this writing.

The Euro continues to see a lot of hesitation at the moment, as the US dollar remains stubborn.

The US dollar rallied slightly against the South African rand on Tuesday, but we are still very much in a massive downtrend

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The EUR/USD pair held steady on Wednesday morning as investors reacted to key US data and statements from some Federal Reserve officials. It was trading at 1.1895, up substantially from this week's low of 1.1770.

The BTC/USD pair remained under intense pressure on Tuesday morning as the recent retreat resumed. Bitcoin dropped to $68,700, inside the range it has remained in the past few days, and much lower than the all-time high of 126,200.

The AUD/USD exchange rate soared to the highest level since February 2023 as the US Dollar Index retreat gained steam.

Retail sales were unexpectedly flat in December as consumers pulled back, raising questions about a broader economic slowdown.

Near a mark of 6,979.50 at the moment in futures trading, the S&P 500 is flirting with its highest level, this as financial institutions and large players both continue to stress nervousness although it appears they are buying.

The S&P 500 initially pulled back on Monday, but we continue to see the markets attempt to break above the 7,000 level. This is a market that eventually goes higher from what I can see.

Gold continues to show signs of strength on Monday with the US dollar falling, and the overall outlook for central bank rate cuts, especially in the USA.

The Euro rallied a bit during the early hours on Monday as the markets continue to bet on rates dropping in the USA.

The NASDAQ 100 continues to see somewhat bullish behavior, but we also are seeing a bit of a struggle, as if we are “walking uphill” at the moment. Sluggish, yet bullish I believe is the best description of things.

US dollar plunged against the Canadian dollar again on Monday as we continue to see traders betting on the Federal Reserve being dovish, and oil perks up slightly.

The US dollar plunged against the Japanese yen during the trading session on Monday, and it looks like we will be trying to find value on a dip yet again.

The Australian dollar has rallied rather significantly on Monday, as we continue to see a lot of buying pressure. That being said, this is a market that has opposing central banks as far as rate outlooks, so this makes sense.

Futures trading via the Nasdaq 100 this morning has the index around the 25,280.00 vicinity, this as semi-calm conditions are prevailing for the moment, but speculators should continue to brace for potential fast moves.

The price briefly breaks to a new 3-year high before making a normal retracement, suggesting the outlook remains basically bullish.

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The GBP/USD pair rose for two consecutive days after hitting the 50-day Exponential Moving Average as the US dollar slipped. It rose to a high of 1.3695, up sharply from this month's low of 1.3510.

The EUR/USD exchange rate rebounded and reached its highest level since January 30th. It rose to a high of 1.1915, up sharply from last week’s low of 1.1767 as focus shifts to key macro data from the United States, including retail sales, non-farm payrolls, and inflation.

Bitcoin price held steady above the key psychological level at $70,000 as volatility in the market dropped and a risk-on sentiment prevailed. The BTC/USD pair was trading at 70,800, up sharply from the year-to-date low of 60,100.

Once seen as anti-graft strongholds, the US, UK, Canada and Sweden are slipping into decline due to a lack of political leadership, Transparency International's Corruption Perception Index has revealed.

Once seen as anti-graft strongholds, the US, UK, Canada and Sweden are slipping into decline due to a lack of political leadership, Transparency International's Corruption Perception Index has revealed.

Once seen as anti-graft strongholds, the US, UK, Canada and Sweden are slipping into decline due to a lack of political leadership, Transparency International's Corruption Perception Index has revealed.

The USD/MXN has returned to the lower realms it has tested on occasion since late January, this as the currency pair traverses the 17.25300 vicinity .

Bitcoin fell to a new 16-month low price, but rebounded to print a bullish V recovery before running out of steam at $71,762.

The US dollar initially broke higher during the trading session on Friday, breaking above the 17.5 level, only to turn around yet again, at the same important level it has all week.

The interest rate differential continues to be a mainstay of this pair, as we are levitating into the weekend, looking bullish overall.

The Australian dollar rallied a bit in the early hours of Friday, as the Aussie looks to rally into the weekend. The range continues to be well-defined, with the 0.79 level and the 0.81 level both offering important barriers.

The USD/ZAR has hovered near the key metric of 16.00000 since Friday and upon opening this week the currency pair is traversing slightly below the barometer around 15.99910, but this depends on the bids and asks being displayed by brokers.

Bitcoin has been horrific lately, as the markets continue to see a lot of selling pressure overall. Bitcoin is still looking for some kind of reason to move in a positive light, other than being oversold.

The Nasdaq 100 rallied a bit on Friday, as we continue to see a lot of buyers jumping into the US stock markets, and it’s likely we will continue to see upward momentum.

The US dollar has fallen against the South African Rand again on Friday, as we continue to see the carry trade play out here. That being said, I am looking to sell all rallies here.

The GBP/USD exchange rate pulled back sharply last week after the Bank of England (BoE) delivered its interest rate decision. It retreated from the year-to-date high of 1.3877 to the current 1.3612 as investors focus on the upcoming UK GDP and US jobs numbers.

The EUR/USD exchange rate pulled back last week as the US dollar staged a mild recovery and after the European Central Bank (ECB) delivered its interest rate decision., which aligned with what analysts were expecting. It was trading at 1.1820, down significantly from the year-to-date high of 1.2080.