Dollar

Key points:  The euro slipped further below its weekly peak, driven by technical trading.  The US dollar continues to gain strength, supported by strong economic data.  Upcoming US GDP and PCE data are expected to influence market movements.  The EURUSD …

Tesla stock falls following Q2 earnings miss. CEO Elon Musk forecasts a $5 trillion valuation with robotaxis. Read more for market implication.

Key points Yen rose over 0.5% to 152.835 per dollar, its highest in 2.5 months. Australian and New Zealand dollars fell on weak commodity prices. Euro and Sterling also struggled amid broader market risk aversion. On Thursday, the yen experienced …

The Indian rupee stayed nearly flat on Wednesday, hovering at 83.69 against the U.S. dollar by 11:00 a.m. IST, barely changed from its previous close at 83.6875. This steadiness came despite the currency nearing a record low of 83.7150 on …

Japan’s Nikkei share average dropped for a sixth consecutive session on Wednesday, closing at a one-month low of 39,154.85, down 1.11%. This marked its longest losing streak since October 2021. The broader Topix index also slid 1.42% to 2,793.12.

The US dollar index (Symbol: USDX) as expectations of an interest rate cut grows stronger as the spotlight shifted to economic data for more clues on the monetary policy path of the Federal Reserve.

The dollar eased on Monday following U.S. President Joe Biden’s decision to end his reelection campaign, which opens the door for another Democrat to challenge Donald Trump. Will Kamala Harris’ bid prove to be sufficient?

The Taiwanese dollar fell to its lowest level since May 2016, trading at 32.786 per dollar before settling at 32.762, down 0.5%. This decline was driven by a sell-off in chip stocks and concerns over a possible isolationist shift in …

The GBPUSD pair reached a one-year high, driven by stable UK inflation and resilient wage growth, while the US dollar faces a challenging week.

AUD remains steady as mixed employment data clouds the outlook for a rate hike. Read how external factors and central bank actions influence trading opportunities.