The US dollar remained steady on Wednesday as investors balanced geopolitical risks with expectations around future interest rate moves by the Federal Reserve. Market participants largely stayed cautious while waiting for the latest policy meeting minutes, which could offer clearer signals on possible rate cuts. Meanwhile, the Japanese yen held its ground after improved business […]
global forex trends
Dollar starts 2026 under pressure after eight-year slide
The U.S. dollar opened 2026 on a weak note after enduring its sharpest annual fall in eight years, as shrinking interest rate gaps reduced its appeal across global currency markets. Consequently, most major currencies continued to hold firm, reflecting shifting expectations around future U.S. monetary policy. A narrowing difference between U.S. rates and those in […]