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The Fed held rates with three dissenters seeking a hike, Australian inflation slowed and MAS tightened as the Bank of England and Bank of Japan decisions approached.
MAS increased the Singapore dollar policy band's appreciation rate, while SGD reached short-term highs against USD, CNY and MYR. Here are the practical checks for transfers and travel.
Understand how the US dollar works, what moves USD exchange rates and how travellers, expats and businesses can compare conversion and transfer costs.
USMCA-compliant Mexican goods are exempt from a new 10% U.S. tariff, while the peso firmed modestly against the dollar.
The yen traded near its weakest level since 1986, improving the market-rate backdrop for some Japan visitors while increasing intervention risk.
The Philippine peso closed at a record low against the US dollar, changing the conversion context for remittances, overseas payments and travel money.
The rand weakened after South Africa's central bank held rates, making live USD/ZAR quotes and total transfer costs important to compare.
Bank Indonesia held rates at 5.75% and expanded rupiah-support measures, changing the backdrop for IDR transfers, supplier payments and travel money.
USD/AED remains fixed, but UAE expats sending money to India, Britain, Europe or Australia are still exposed to changing cross-rates and transfer costs.
The Canadian dollar fell to a one-week low after the United States announced additional tariffs on selected Canadian goods.
Malaysia's stronger-than-expected Q2 growth estimate gave the ringgit a modest lift, but global dollar demand remains important for MYR transfers.
The 2026 Canadian dollar outlook depends on interest rates, U.S. trade policy, growth and oil, with several scenarios possible for CAD.
South Korea's first rate rise since 2023 changes the backdrop for the weak won, while market reforms aim to make KRW easier for overseas institutions to use.
The New Zealand dollar led July’s G10 gains after an RBNZ rate hike, while softer U.S. inflation weighed on the dollar and left the euro at the bottom of the major-currency table.
Discover how movements in the U.S. dollar affect everyday Americans — from the cost of imports and vacations to global competitiveness for exporters and manufacturers.
Several emerging-market currencies are trading at or near record lows against the US dollar, led by the Indian rupee and Indonesian rupiah. For travellers, expats and businesses, the moves are a reminder to compare rates carefully before sending or exchanging money.
Higher oil prices and Middle East uncertainty have pushed investors back toward safe-haven currencies, especially the US dollar, while adding pressure to oil-importing and risk-sensitive currencies as the Australian dollar.
The U.S. dollar has strengthened as investors move into safer assets, while higher oil prices and rising economic risks weigh on Asian currencies such as the Indian rupee and South Korean won.