The U.S. Dollar value edged higher on Monday as investors anticipate a possible rate hike by the U.S. Federal Reserve at the end of its two-day meeting which commences tomorrow. In addition, fresh concerns of supply disruptions in the Middle East that pushed crude oil prices higher, supported the U.S. dollar.
The U.S. dollar strengthened against other major currencies in the Asian session on Monday, as the Federal Reserve (Fed) is making aggressive rate-hike bets for Wednesday's decision, following higher U.S. inflation figures. Hotter-than-expected U.S. inflation also reinforced the case for higher rates....
The U.S. dollar strengthened against other major currencies in the Asian session on Monday. The U.S. dollar rose to a 1-month of 1.1551 against the euro and a 1-1/2-month high of 0.8190 against the Swiss franc, from last week's closing quotes of 1.1600 and 0.8164, respectively. Against the pound,...
The New Zealand dollar weakened against other major currencies in the Asian session on Monday, due to a dovish hike by the Reserve Bank of New Zealand (RBNZ). Earlier this month, the New Zealand central bank raised the Official Cash Rate (OCR) by 25 basis points (bps) to 2.75% in a dovish rate hike....
The New Zealand dollar weakened against other major currencies in the Asian session on Monday. The NZ dollar fell to nearly a 10-month low of 89.02 against the yen, from Friday's closing value of 89.28. Against the U.S. and the Australian dollars, the kiwi dropped to more than a 2-week low of...
The U.S. Dollar value inched higher as investors weighed today's inflation data that pushed the odds for a rate hike in the U.S. higher against reports of an upcoming meeting between the Gulf Cooperation Council nations and Iran to hasten the reopening of the Strait of Hormuz.
The Canadian dollar weakened against other major currencies in the European session on Friday, as the crude oil prices traded lower amid escalating U.S.-Iran tensions and concerns over prolonged disruption to global energy supplies. Brent crude futures tumbled 2.7 percent to $104.68 a barrel but were...
The Canadian dollar weakened against other major currencies in the European session on Friday. The Canadian dollar fell to a 1-week low of 1.3848 against the U.S. dollar, from an early high of 1.3834. Against the yen, the euro and the Australian dollar, the loonie edged down to 111.74, 1.6072...
The New Zealand dollar strengthened against other major currencies in the European session Friday. The NZ dollar rose to a 3-day high of 1.2332 against the Australian dollar, from an early low of 1.2278. Against the U.S. dollar, the yen and the euro, the kiwi advanced to 0.5835, 90.00 and 1.9901...
The U.S. Dollar value edged higher as oil prices surged after U.S. President Donald Trump expressed that the war with Iran may go on until November. In addition, investors parsed stronger-than-expected Producer Prices Index released today.
Sentiment in global markets remains impacted by the elevated prices of Brent crude oil as well as the WTI benchmark. The anticipated uptick in producer price inflation in the U.S also weighed on global market sentiment.
The Indian rupee weakened against the U.S. dollar in the early European session on Thursday, amid surging crude oil prices as the U.S. and Iran continued to trade attacks, dashing hopes for the reopening of the Strait of Hormuz and renewing inflation concerns. West Texas Intermediate crude for October...
The U.S. Dollar value ended nearly flat as market participants anticipate the upcoming Producer Price Index and Consumer Price Index reports to analyze the monetary policy outlook of the U.S. Federal Reserve ahead of its next week's meeting. Traders are pricing in an interest rate hike by the Fed following the recent U.S. jobs data.
Persisting hostilities in the Middle East lifted crude oil prices further, pushing bond yields higher and dampening global market sentiment. The energy price shock renewed concerns about a rate hike by the Federal Reserve, ahead of key data releases from the U.S. related to producer price inflation on Thursday and consumer price inflation on Friday.
The New Zealand dollar weakened against other major currencies in the European session on Wednesday. The NZ dollar fell to a 16-year low of 1.2370 against the Australian dollar and a 9-month low of 89.56 against the yen, from early highs of 1.2321 and 90.15, respectively. Against the U.S. dollar...
September 11, 2026 16:26 ET Consumer prices data was the main news on the economic front in the U.S. this week. In Europe, the latest interest rate decision from the European Central Bank was the focus along with the revised second quarter economic growth data for the euro area. In Asia, the monthly foreign trade data from China drew attention.