FJD Market Update
16 Jul 2026 • 00:45 GMT
The Fijian dollar (FJD) has hit its lowest level in a week against the US dollar, trading around 0.4464. This is slightly below its 3-month average of 0.4508, with the currency generally holding within a narrow range. The recent strength of the US dollar, supported by safe-haven buying and cautious optimism about US economic data, has contributed to this move. Market attention remains on the upcoming US CPI data, which could influence the Federal Reserve's interest rate outlook.
Meanwhile, the FJD has also softened against the euro and British pound, with declines of about 0.4% and 1.8%, respectively. The currency remains stable against the Japanese yen and Australian dollar, trading close to recent lows. Overall, the FJD's recent movements reflect the broader trend of US dollar strength amid geopolitical tensions and economic uncertainty. While the FJD remains relatively steady, the next few weeks could see further volatility depending on US and global economic developments.