Currency Market News
18h
Dollar Stabilizes Pre-Jobs; Pound Falls 3rd Day UK
- The U.S. dollar traded sideways as strong ISM services data conflicted with softer labor signals ahead of the U.S. nonfarm payrolls. Commodity-linked currencies and gold felt the ripple effects, while the British pound slipped for a third consecutive session amid firmer dollar moves and subdued risk appetite.
1d
Dollar Weakness Deepens; RBI Intervenes for Rupee.
A Reuters poll shows broad bearish sentiment on the U.S. dollar amid concerns over Federal Reserve independence and expectations of rate cuts, pushing EUR/USD higher in projections. Separately, the Reserve Bank of India executed a visible FX intervention to steady the rupee after recent downside pressure—an action with immediate local impact and implications for emerging-market flows.
2d
Dollar Rebound Hits Euro; AUD, SEK and NOK Rally!!
A softer-than-expected German inflation print and cautious Fed commentary pushed the U.S. dollar higher, weighing on the euro while lifting the AUD to a one-year high. Nordic currencies — SEK and NOK — also strengthened, with EUR/SEK dipping below 10.75 and EUR/NOK slipping toward 11.75.
3d
Dollar Rally Hits FX; Rupee Faces Fresh Pressure
A swift, risk-off move tied to recent U.S. military activity pushed the U.S. dollar higher across major pairs, while the Indian rupee weakened further amid rising yields and heavy state debt issuance. This article explains the drivers, market impacts, and near-term watch points for traders and investors.
4d
China Shrinks USD Weight; Won Rises, Rupee Wobbles
China trimmed the U.S. dollar and euro weights in its CFETS yuan basket—boosting regional currencies like the Korean won—while the Indian rupee opened 2026 slightly softer on corporate dollar demand and thin liquidity.
5d
Rupee Slides Past INR 90, Closes at 90.20/USD Now!
No major FX shocks surfaced in the past 24 hours. The standout move was the Indian rupee slipping past the psychological INR 90 level to close at 90.20 per US dollar on Jan 2, 2026, pressured by a firm dollar, year‑end settlement flows and an elevated import bill.
