USD in the spotlight: latest news

Bitcoin's price rebounded as new inflation data eased concerns over interest rates, attracting buyers back to the spot markets. The September Consumer Price Index (CPI) was reported lower than anticipated, boosting market confidence.

DBS has published a 15-year forecast for Singapore's economy, indicating potential changes in the value of the Singapore dollar. The forecast suggests that the Singapore dollar could reach a value of RM4.20 or more, possibly attaining parity with the US dollar.

The GBP/USD currency pair remains stable around 1.3325, fluctuating between 1.3247 and 1.3350. This stability comes as U.S. inflation decreases to 2.8% while the UK experiences minimal growth at 0.1%.

The GBP/USD weekly forecast is expected to remain subdued as the currency pair consolidates around the 1.3325 level, ahead of significant economic announcements from both the UK and the US.

The US dollar remains stable as disappointing Consumer Price Index (CPI) data reinforces expectations for a Federal Reserve rate cut in October. Traders continue to hold a bullish outlook for the DXY, considering the potential impacts of trade and inflation risks ahead of the Federal Open Market Committee (FOMC) meeting.

The Euro to Dollar (EUR/USD) exchange rate has recently declined to around 1.1600 but is anticipated to experience a slight recovery. Wells Fargo forecasts that the EUR/USD will reach a peak of 1.18 before ultimately falling to 1.12 by the first quarter of 2027.

Gold experienced a significant 3.5% decline this week, ending its streak of nine consecutive weekly gains. This downturn was anticipated by analysts considering the current market conditions.

The Pound Sterling (GBP) is trading cautiously at approximately 1.3315 against the US Dollar (USD) in the European trading session on Friday.

The Euro to Dollar (EUR/USD) exchange rate is currently at 1.1614, showing a minor decline of 0.03%. This stability comes as investors await the release of the latest US inflation data. Analysts from Credit Agricole anticipate a resurgence of dollar strength by 2026.

The U.S. dollar maintained a slight gain on Friday, while major currency pairs traded within a narrow range. The euro and pound experienced minor declines amidst resistance levels.

The EUR/USD currency pair is currently trading around 1.1620, remaining stable following a weaker-than-expected U.S. Consumer Price Index (CPI) reading of 3.0% and disappointing Eurozone Purchasing Managers' Index (PMI) data. Investors are closely monitoring potential Federal Reserve interest rate cuts, the rise in oil prices, and other market dynamics.

The British Pound has been consistently declining against the US Dollar since mid-September, influenced by the US Dollar's overall recovery and growing caution in the market.

The University of Michigan Consumer Sentiment Index, an important gauge of the U.S. economy's health, has reported a drop in consumer sentiment that fell short of expectations. This decline may indicate potential challenges for the U.S. dollar.

The dollar declined following the release of U.S. inflation data, which indicated that headline inflation increased at a slower pace than anticipated, while core inflation unexpectedly decreased in September.

The Dollar Index has declined as weaker U.S. Consumer Price Index (CPI) data increases expectations for a Federal Reserve rate cut. Traders are closely watching next week’s meeting for potential confirmation of a shift towards a more dovish monetary policy.

The US Dollar (USD) started the week strong, but its initial momentum diminished as the days progressed.

The financial markets exhibited a mixed performance during the first half of Friday's session. European shares declined, while Asian markets and US futures showed gains.

The EUR/USD exchange rate has declined to 1.1590, reflecting a 0.27% drop as the dollar strengthens in anticipation of upcoming U.S. CPI data. Market participants are anticipating a 97% likelihood of a Federal Reserve rate cut, which is contributing to pressure on the Euro.

The USD/CHF currency pair experienced a decline on Wednesday while maintaining crucial support at 0.79. Traders are monitoring the situation for a potential bottoming pattern, with 0.80 and 0.81 identified as significant resistance levels.

U.S. stocks have begun the day with modest gains following a mixed earnings season, while investors remain cautiously optimistic ahead of tomorrow's inflation data. Tesla's earnings report did not meet expectations, yet the Nasdaq 100, represented by the QQQ, has continued to rise.

The US dollar has shown slight strengthening in the early hours of Thursday trading, attracting inflows and demonstrating resilience in the market.

The Euro remained stable on Thursday, trading below the 50-day EMA. A decline below the 1.1550 level may lead to a target of 1.14, as bearish momentum continues following the FOMC meeting.

The U.S. dollar strengthened as existing home sales increased by 1.5%. The EUR/USD pair rose above the 1.1600 mark, driven by Euro Area Consumer Confidence that surpassed analyst expectations. Meanwhile, GBP/USD experienced a pullback due to a decline in UK Business Optimism.

The exchange rate of the US Dollar to Turkish Lira (USD/TRY) experienced a minor decline on Thursday, following a decision by the Central Bank of Turkey to reduce the speed of its easing measures.

The Australian Dollar (AUD) stabilized on Thursday, recovering from two days of losses and exceeding the 0.6500 mark once more.