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The United States dollar is the official currency of the United States of America but also is the world’s dominant reserve currency, and it accounts for roughly 62% of global foreign exchange reserves, double that of the Euro and Yen. In fact, the US Dollar has been the world’s reserve currency for over 100 years.
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.
Weekly currency market update—practical actions for SMBs, expats and travellers across AUD, CAD, GBP, NZD, SGD, USD, EUR and JPY
Markets are rapidly repricing Australian interest rates higher while the US moves toward cuts — a mix that has historically been powerful for the Aussie dollar.
U.S.-based and choosing between Wise and Revolut? Here’s a clear, current comparison of fees, exchange rates, card/ATM rules, and travel perks—plus who each suits best.
Central banks are moving in different directions—Australia cuts, UK eases despite inflation, and the Fed faces political risks. Here’s what it means for exchange rates and transfer timing.
President Trump has raised U.S. tariffs to an average of 15.2%, targeting Canada, Asia, and Europe, as part of his push to reshape global trade. Markets and currencies reacted with caution amid rising uncertainty.
USD/MXN slipped below 19.00 as Mexico received a 90‑day reprieve from planned U.S. tariffs. The peso gained short‑term support, but traders now watch Fed policy and U.S. jobs data for the next market move.
Global FX markets shifted in July as the USD gained on trade deals, the British pound climbed, and the Indian rupee weakened on tariff fears. Here’s what’s driving currencies now.
The Swedish Krona's recent appreciation has led to a decline in public support for adopting the Euro, with only 32% favoring the change in 2025.
The euro's unexpected rise against the U.S. dollar presents the European Central Bank with a complex dilemma, as global trade tensions and policy shifts influence currency dynamics.
The US dollar surged following a 90-day tariff pause between the US and China, while the euro and yen weakened in response.
The Australian dollar has experienced notable fluctuations in 2025, influenced by global trade tensions and domestic political developments, including the Labor Party's decisive election win. However, trade tariffs imposed by the United States, have introduced volatility, prompting market analysts to adjust their forecasts for the currency's trajectory.
The Canadian dollar has defied political chaos and global headwinds to emerge as one of 2025’s unlikely winners. But with minority rule in Ottawa, soaring household debt, and a high-stakes U.S. election looming, the loonie’s fight for survival is just beginning.
Milei publicly criticizes economists as econo-swindlers and alarmists as Argentina's peso has defied expectations by maintaining stability following recent economic reforms, easing inflation concerns and bolstering investor confidence.
Deutsche Bank forecasts a significant weakening of the US dollar in the coming years, potentially reaching its lowest level against the euro in over a decade.
The US dollar has fallen to a three-year low, influenced by Trump policy back flips plus concerns over the Federal Reserve's independence. Analysts suggest a long-overdue correction due to overvaluation and trade tensions.
The Swiss franc has experienced a significant surge, reaching a decade-high against the U.S. dollar, following President Donald Trump's announcement of increased tariffs on Chinese imports. This development has intensified market volatility and heightened demand for safe-haven assets.
The Chinese yuan has weakened following the United States' decision to impose a 125% tariff on Chinese imports, prompting the People's Bank of China to intervene to stabilize the currency.
The Mexican peso's outlook for 2025 is clouded by potential U.S. tariffs and economic policies, with forecasts indicating possible depreciation against the U.S. dollar.
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.
Recent U.S. trade policies, including aggressive tariffs on auto imports, have introduced significant volatility in global currency markets, affecting major currencies such as the euro, British pound, and Japanese yen.
The Indonesian rupiah approaches a historic low against the U.S. dollar, influenced by fiscal worries and government spending plans.
Markets have shifted focus to the interest rate policies of other major central banks rather than the Federal Reserve.
Economists are predicting that the Canadian dollar could rise this year.
The Singapore dollar has reached its highest level in over a decade, boosting outbound travel and curbing inflation, but also putting pressure on exporters and local businesses. While sectors like logistics and finance benefit, retail, hospitality, and exports face challenges from the strong currency.
The dollar has risen by nearly 20% against most currencies compared to this time last year.
Stronger AUD, USD, and GBP Against the Euro due to surprise French elections.
USD sinks as global currency markets react to slowing US inflation, prompting a surge in other major currencies and a potential end to the Federal Reserve's tightening cycle.
Central Bank Chief's Removal Sets Stage for Currency Liberalization
The US dollar weakened due to fears surrounding regional banks, while the ECB offered a less hawkish than expected 25bp hike and the Swiss franc is in demand.
As we approach mid-year a shift has taken place in currency markets with the narrative less about interest rates hikes and more risk-off worries about a possible coming recession.
During periods of rising inflation a stronger currency benefits a country's economics as this makes imports cheaper.
Recognising the impact of Covid-19 on its financial status, Hong Kong has reverted back to more lenient travel restrictions to improve life for both residents and travelers.
Global travel starts to revive so Thailand moves to revive its Economy after the pandemic.
'Fortress New Zealand' opening after two long pandemic years - Aussies welcomed back first on April 12th and other nationalities on 1st of May.
The operator of the world’s largest financial messaging system, SWIFT, has said it will trial real-time "gpi" cross-border payments using the European Central Bank's TIPS platform. SWIFT gpi has been developed as an answer to distributed ledger payment technologies, most notably Ripple.
The Democratic Republic of Timor-Leste, also known as East Timor, gained independence from Indonesia on 20 May 2002, making it the first new sovereign state of the 21st century. Despite its rich natural beauty and unique cultural heritage, includi...
Ecuador is a country located in South America, bordered by Colombia to the north, Peru to the east and south, and the Pacific Ocean to the west. It is known for its diverse culture and natural beauty. The country's official language is Spanish and...
El Salvador suffers horribly from bad press. While gang violence still dominates international headlines – and keeps so many adventurous travelers at bay – the vast majority of this beautiful country remains untouched by 'the troubles.'
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The Turks and Caicos are a chain of 40 islands that include Providenciales (the most populated island) as well as Grand Turk, Middle Caicos, South Caicos, and more. There are two airports—on Providenciales and Grand Turk—but most travelers fly...
By staying informed and planning ahead, you can effectively manage your finances while enjoying your visit to the United States.
More than 60 islands –some of them uninhabited and declared national parks– make up this Caribbean archipelago, a paradise of lush rainforests, white-sand beaches and bright turquoise waters. Most visitors travel to the British Virgin Islands ...
This trio of islands in the Caribbean Sea—St. John, St. Croix, and St. Thomas—is famous for its dreamy beaches, world-class snorkeling and diving, and pristine beaches. Travelers can find accommodations for all types of trips, whether it's a f...
Currently, NZD/USD is trading close to its 90-day average near 0.5851, within a stable range. Risk sentiment remains tilted towards safe havens, with the USD supported by geopolitical tensions.
Currently, CAD/USD is trading close to the 90-day average, supported by safe-haven flows driven by geopolitical tensions and energy disruptions. Over the next few sessions, the pair may remain supported as...
GBP/USD is trading near 1.3435, close to its 3-month average and near recent highs. The dominant driver remains the rate differential, with the USD supported by the Federal Reserve's hold on interest rates and safe-haven flows.
Currently, EUR/USD is trading near its 3-month average at 1.1692, within a broad 5.4% range. Risk-off sentiment, driven by geopolitical tensions in the Middle East and energy disruptions, supports safe-haven flows into USD.
Currently, AUD/USD is trading near its 90-day average, supported by risk-on sentiment and geopolitical tensions boosting Aussie assets. The pair remains close to recent highs within its 7.2% range, indicating...
Currently, USD/SEK is trading near 9.2900, slightly above its 3-month average and within its recent range. The move is supported by risk-off conditions, as heightened geopolitical tensions increase safe-haven flows into USD.
USD/NOK is trading close to 14-day lows around 9.498, supported by the rate differential with Norges Bank maintaining a hawkish stance. Over the next few sessions, the pair may remain supported but could face...
Currently, USD/MXN is trading close to 17.37, near the lower end of its recent 5.8% range and below the 3-month average of 17.56. The dominant driver is risk sentiment, with safe-haven flows supported by...
Currently, USD/SGD is holding near its recent range as the current drivers are not aligned clearly enough for a stronger directional call. Over the next few sessions, this balance may persist unless a clearer...
USD/JPY is trading close to 159.1, about 1.2% above its 3-month average of 157.2. The pair remains supported by safe-haven flows amid geopolitical tensions and risk-off sentiment.
Currently, USD/GBP is trading close to 0.7443, holding near its 90-day average and near the recent 3-month range lows. The pair's decline is supported by the US-UK rate differential, which remains in favor of the US Dollar.
Currently, USD/EUR is trading near its 3-month average at 0.8553 within a stable range. The pair is supported by risk-off sentiment which has intensified due to geopolitical tensions in the Middle East.
Currently, USD/CHF is trading near 0.791, just above its 90-day average of 0.784, and within its recent range. The pair is supported by safe-haven flows amid geopolitical tensions and energy market disruptions.
Currently, USD/CAD is trading close to 14-day lows near 1.3817, holding near its 3-month average of 1.3736. The pair is consolidating within its recent range, supported by risk-off market sentiment driven by...
USD/AUD is trading close to the 90-day average and remains supported by risk-on sentiment. The pair is consolidating within its recent range, with the dominant driver of risk sentiment favoring cyclical currencies like AUD.
Currently, ZAR/USD is trading close to its 3-month lows, supported by risk-off sentiment and elevated safe-haven flows into USD. Over the next few sessions, conditions may remain supportive of USD as...
Currently, USD/ZAR is trading near recent highs at 16.97, supported by a prevailing risk-off sentiment and elevated geopolitical tensions. Over the next few sessions, the pair may face downward pressure as...
USD/XPF is trading near recent highs, supported by risk-off sentiment from geopolitical tensions and volatile energy prices. Conditions may remain sensitive to shifts in global risk appetite over the coming sessions.
Currently, USD/XOF is trading close to recent highs within its 3-month range, holding near 569, influenced by risk-off sentiment. Over the next few sessions, the pair may face downward pressure if global risk...
Currently, USD/XAF is trading near the top of its recent range, supported by safe-haven flows driven by geopolitical tensions and energy prices. The pair is holding near the 3-month average but remains within...
USD/WST is trading close to recent highs near 2.7442, holding near its 3-month average. The pair remains range-bound within recent levels, supported by risk-off sentiment and safe-haven flows.
Currently, USD/VND is trading close to its 3-month average, holding near the middle of its recent range. The pair remains supported by a steady rate gap and balanced macro factors.
Currently, USD/UAH is trading close to 14-day lows at 43.69, supported by risk-off sentiment and geopolitical tensions in the Middle East. Over the next few sessions, the pair may remain supported but could...
Currently, USD/TWD is holding near its recent range as the current drivers are not aligned clearly enough for a stronger directional call. Over the next few sessions, this balance may persist unless a clearer...
Currently, USD/TRY is trading close to 44.59, holding near 90-day highs and above the 3-month average of 43.76. The dominant driver is the rate differential, as Turkey’s hawkish monetary policy supports TRY...
Currently, USD/THB is trading close to 32.69, roughly 3.2% above its 3-month average of 31.67. Risk sentiment dominates, pressuring the pair lower as global risk-off conditions support safe-haven currencies.
Currently, USD/SBD is trading close to its 90-day lows around 8.0388, holding within a narrow range. Risk-off flows driven by geopolitical tensions and energy prices are supporting US Dollar demand.
Currently, USD/SAR is trading close to its 3-month average, supported by the Saudi peg. It remains within its recent range near recent highs.
Currently, USD/QAR is trading close to the 3-month average within a stable range, supported by risk-off sentiment from regional tensions. Over the next few sessions, the pair may remain supported as safe-haven...
Currently, USD/PLN is holding near its recent range as the current drivers are not aligned clearly enough for a stronger directional call. Over the next few sessions, this balance may persist unless a clearer...
Currently, USD/PKR is trading close to the 3-month average, supported by safe-haven flows amid geopolitical tensions. The pair remains within its recent range, indicating limited immediate directional move.
Currently, USD/PHP is holding near its recent range as the current drivers are not aligned clearly enough for a stronger directional call. Over the next few sessions, this balance may persist unless a clearer...
Currently, USD/OMR is holding near its recent range as the current drivers are not aligned clearly enough for a stronger directional call. Over the next few sessions, this balance may persist unless a clearer...
Currently, USD/NZD is trading near recent highs at 1.7572, above its 3-month average of 1.6996. The pair remains supported by risk aversion and safe-haven flows, with global tensions and energy prices boosting USD strength.
Currently, USD/NGN is holding near its recent range as the current drivers are not aligned clearly enough for a stronger directional call. Over the next few sessions, this balance may persist unless a clearer...
USD/MYR is trading close to the upper end of its recent range, supported by risk-off conditions and safe-haven flows. Current levels remain within a stable 5.3% range, slightly above the 3-month average.
Currently, USD/LKR is holding near its recent range as the current drivers are not aligned clearly enough for a stronger directional call. Over the next few sessions, this balance may persist unless a clearer...
Currently, USD/KRW is trading close to its recent highs, supported by the rate differential and global risk aversion. The pair is near the upper end of its recent range, holding support from US rate outlook and risk-off sentiment.
Currently, USD/INR is trading near the 90-day average and close to the upper end of its recent range, supported by risk-off sentiment. The pair is finding support around the recent high, driven by geopolitical...
Currently, USD/ILS is trading close to 3.1304, slightly above its 3-month average, consolidating within its recent tight range. The pair remains supported by stable policy signals and regional geopolitics.
Currently, USD/IDR is trading close to recent 14-day highs at 16995, holding near the 90-day average and within its recent range. The pair is supported by risk-off conditions, with safe-haven flows maintaining upward pressure.
Currently, USD/HUF is trading close to recent highs, holding near the 90-day average at 333.9. The pair is supported by risk-off sentiment driven by geopolitical tensions.
USD/HKD is holding near 90-day highs above its 3-month average, supported by the HKD’s policy alignment with the US Fed. Trading within a narrow 0.7% range suggests a broadly range-bound market.
USD/FJD is trading close to the top of its recent range, supported by risk-off sentiment. Overall, the pair remains near recent highs and could face downward pressure if risk conditions improve over the next few sessions.
Currently, USD/EGP is holding near recent highs at 54.33, supported by risk-off sentiment from regional tensions. Over the next few sessions, the pair may face downward pressure as risk conditions remain...
Currently, USD/DKK is trading close to the upper end of its recent range, supported by risk-off sentiment from Middle East tensions. It remains near its 90-day average, with recent levels holding just above the 6.39 mark.
Currently, USD/CZK is trading close to recent highs within its recent range, supported by risk-off sentiment. The pair is holding near 21.29, above its 90-day average, indicating some upward bias.
Currently, USD/CNY is trading near 6.88, just below its 3-month average of 6.92. The pair is consolidating within its recent range, with the dominant driver being risk sentiment weakness.
Currently, USD/CLP is trading near 919.3, above its 3-month average and within recent volatility. Risk-off conditions supported by geopolitical tensions and energy price fluctuations are pressuring the pair.
Currently, USD/BND is trading close to its 90-day average at 1.2851 and remains within a narrow range. The pair has traded within its recent stable range, supported by no clear trend or policy divergence.
Currently, USD/BRL is trading near 30-day lows at 5.1539, 1.9% below the 3-month average, supported by risk-off sentiment. Over the next few sessions, the pair may remain influenced by global risk aversion and...
Currently, USD/BHD is trading near its 14-day high at 0.3777, close to the 3-month average. The pair is supported by the rate differential between USD and BHD, and risk-off sentiment driven by geopolitical tensions.
Currently, USD/AED is trading close to its 3-month average of 3.6728, within recent range bounds. The pair faces downward pressure from risk-off sentiment, with safe-haven flows supporting the USD.
Currently, TRY/USD is trading close to 90-day lows near 0.022429, sitting below the 3-month average. Risk-off sentiment from global geopolitical tensions and high market risk is pressuring USD.
Currently, SGD/USD is trading close to its 90-day average near 0.7772, within its recent 3-month range. The pair is under pressure from risk-off sentiment, with safe-haven flows supporting USD.
Currently, SEK/USD is trading close to 0.1054, around 3.5% below its 3-month average of 0.1092, with the pair holding near recent lows. Risk-off market conditions supported by safe haven flows and a cautious...
Currently, QAR/USD is trading close to its 3-month average, holding near recent highs within a narrow range. Risk sentiment remains risk-off, supported by regional geopolitical tensions and energy market disruptions.
Currently, PLN/USD is trading close to 3-month range lows, supported by risk-off sentiment and USD strength. Over the next few sessions, conditions may remain supportive of a weaker Polish Zloty against the...
Currently, PKR/USD is trading close to recent highs, holding near the 3-month average within a stable range. The dominant driver is risk sentiment, supported by USD demand amid geopolitical tensions and energy pressure.
Currently, PHP/USD is trading close to the 90-day average and near recent lows, with the pair pressured by risk-off conditions. Over the next few sessions, the pair may remain supported by risk aversion,...
Currently, NOK/USD is trading close to its 30-day lows near 0.1023, holding near the 90-day average at 0.1029. The pair remains supported by risk-off sentiment and geopolitical tensions.
Currently, MYR/USD is trading close to recent lows, supported by risk-off sentiment and safe-haven flows. It remains near the lower end of its three-month range, pressured by geopolitical tensions and subdued global risk appetite.
Currently, MXN/USD is trading close to its 90-day average and near recent highs, supported by risk-off sentiment. The pair is trading within its recent range, emphasizing increased safe-haven flows into USD.
Currently, KRW/USD is trading close to recent lows within a narrow range, with the pair supported by risk-off sentiment. Over the next few sessions, the pair may remain sensitive to shifts in global risk...
Currently, JPY/USD is trading close to recent lows near the 3-month range, supported by risk-off flows and geopolitical tensions in the Middle East. The pair is holding near 0.006263, which is slightly below...
Currently, INR/USD is trading close to its 90-day average, holding near recent highs. The move is supported by elevated risk sentiment and safe-haven flows driven by geopolitical tensions in the Middle East...
Currently, HUF/USD is trading close to its recent lows, supported by risk-off sentiment and broad risk aversion. The pair remains near the 90-day average, with volatility driven by geopolitical tensions and energy prices.
Currently, DKK/USD is trading close to the 90-day average and near its recent lows, with the pair supported by risk-off sentiment. Conditions suggest the pair may face downside pressure over the next few sessions.
Currently, CHF/USD is trading near its 60-day lows at around 1.2495, well below the 3-month average of 1.2754. The pair is supported by risk-off sentiment, as safe-haven demand remains firm amid geopolitical tensions.
Currently, BRL/USD is trading close to recent highs near 0.1940, above its 3-month average. The pair is supported by risk-off sentiment driven by geopolitical tensions heightening safe-haven flows into USD.