Risk aversion and hopes of Fed cuts are punishing the USD.Markets are growing sceptical about Trump's ability to cut significant trade deals.Recent Fed-ECB divergence is putting additional pressure on the US Dollar.,A mix of scepticism about US trade deals and hopes of further interest rate cuts by

The US dollar depreciated yesterday following the weaker-than-expected US inflation figures and the EUR/USD exchange rate was able to rise towards its April high this morning.

US Dollar (USD) fell on softer than expected CPI. This puts focus on PPI data tonight (8:30pm) before the lead up to FOMC next week. DXY was last at 98.40 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.

It is fair to say that dollar price action has been poor.

The Dow Jones Industrial Average (DJIA) rose on Wednesday, bolstered by cooler-than-expected Consumer Price Index (CPI) inflation data for May, as well as a tentative trade policy framework following two days of trade talks in London.

Today, the foreign exchange market is awaiting the week's key data: the US inflation figures for May.

This week hasn’t shown a clear direction for the dollar so far. Uncertainty around how far-reaching the US-China trade talks in London will be has left room for domestic factors to shape relative performance across G10 currencies.

The Dow Jones Industrial Average (DJIA) is still trading into the high end of recent congestion on Tuesday. Market momentum remains limited overall as traders brace for a one-two punch of trade headlines and key post-tariff Consumer Price Index (CPI) inflation data due on Wednesday.

The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, gives back its early gains and flattens around 99.00 during European trading hours on Tuesday.

Currency markets are generally quiet as we move into Tuesday’s NA session. All of the G10 currencies are trading in a relatively tight range, with the exception of GBP as it underperforms on the back of a weaker domestic employment release.

Examining FX performance from both a spot and total return perspective over the last month reveals a bloc of four currencies that stand out. These are the Norwegian Krone, the Pound Sterling and the Australian and New Zealand Dollars. What does GBO have in common with these commodity currencies?

US Dollar (USD) consolidates with mild upticks this morning. DXY was last at 99.15 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, rebounds to around 99.25 during the early European session on Tuesday amid improved risk sentiment.

The US Dollar dropped as US-Sino trade talks began in London on Monday, amid an improvement in risk appetite and the first reports that talks are going well, according to US President Donald Trump.

The Dow Jones Industrial Average (DJIA) rose on Monday, testing above 42,800 as ongoing trade talks between the Trump team and Chinese representatives are ongoing in London.

Ever since US President Donald Trump's 'Liberation Day' tariffs were introduced in early April, the FX narrative has really focused on what damage these tariffs would do to the US economy and the dollar.

The Dow Jones Industrial Average (DJIA) briefly tested fresh 13-week peaks on Friday, with equities taking a step higher after Nonfarm Payrolls (NFP) jobs data came in stronger than expected.

The US Dollar (USD) is heading into the end of the week with moderate but broad bid under it.

The Greenback bounced off its weekly lows of 98.35 as China’s media reported a call between US President Donald Trump and China’s President Xi Jinping. Both parties mentioned the call was good and focused on trade policies and rare earths.

The Dow Jones Industrial Average (DJIA) held steady on Thursday, chugging quietly near the previous day’s closing bids.

Markets are trading in relatively subdued fashion, leaving the USD soft overall but little changed on the session and holding near the past week’s low, Scotiabank's Chief FX Strategist Shaun Osborne notes.

'Slightly pessimistic and uncertain' was the characterisation of the US outlook expressed in the Fed's Beige Book released last night and ahead of the next FOMC meeting on 19 June.

The Dow Jones Industrial Average (DJIA) remained largely unchanged on Wednesday after bullish investor sentiment was stymied by a softer-than-expected ADP jobs print. Overall market momentum is cooling off as indexes hit a lull between trade war headlines.

The US Dollar Index (DXY) nudges lower on Wednesday, following a sharp rebound on Tuesday.

The USD is trading steady to a little softer overall in quiet trade. Global stocks are firmer while bonds are little changed in rather quiet trading, Scotiabank's Chief FX Strategist Shaun Osborne notes.

The US Dollar (USD) caught a bid across G10 FX yesterday as safe-haven flows took a breather amid improved risk sentiment, with the JPY, CHF, and particularly gold weakening, Danske Bank's FX analysts report.

The US Dollar (USD) showed resilience despite the late-session bounce in Treasury yields, supported by strong April JOLTS job openings. That said, the JOLTS data adds little to the overall jobs picture: the labour market remains tight, while declining quits suggest wage growth is easing.

The Dow Jones Industrial Average (DJIA) rose on Tuesday, bolstered by endless optimism in the tech sector. AI rally frontrunner Nvidia (NVDA) led a chip-based market advance, surpassing Microsoft’s market cap for the first time since January.

The US Dollar (USD) is tracking a little higher overall, consolidating the soft tone seen over the past few sessions as the Dollar Index (DXY) losses hold near recent lows, Scotiabank's Chief FX Strategist Shaun Osborne notes.

The reason for the significant strengthening of the US Dollar (USD) in September, when Donald Trump's second term in office was approaching, was obvious.