USD Market Update
13 Jul 2026 • 00:26 GMT
The US dollar has made notable moves against major currencies recently. It is at a 7-day high near 0.8771 against the euro, about 1.7% above its 3-month average. This uptick comes amid mixed signals from the U.S. economic data, including softer labor market figures. Despite that, the dollar has held steady around 101.00, with investors weighing the possibility of the Federal Reserve pausing or slowing rate hikes as future data influences policy expectations.
against the yen, the USD has reached a high of about 161.9, over 1.3% above its recent average, driven by safe-haven flows amid global uncertainty. Meanwhile, against the Canadian dollar and AUD, the dollar remains elevated, around 1.4165 and 1.4405 respectively, trading near their recent highs.
While the dollar remains resilient due to ongoing inflation concerns and Fed policy considerations, gains may face some pressure if upcoming economic data or geopolitical tensions shift sentiment. Keep an eye on key U.S. and European data releases, as they could influence the dollar’s momentum in the coming days.
📊 Quick forecast view
🔴 Mild downside
0.8650 – 0.8800
🏦 Central bank policy divergence
🟢 Uptrend
