Cuban peso reaches an all-time low compared to the US dollar in unofficial markets.
Cuban Peso Hits Record Low Against U.S. Dollar HAVANA – On Wednesday, the Cuban peso plummeted to a new low against the U.S. dollar in the informal market, amid heightened economic pressures. These pressures have been exacerbated by oil import restrictions imposed during the Trump administration. El Talk, an independent news outlet, reported that the […]
Forex Today: US Nonfarm Payrolls exceeded forecasts, but the US Dollar continues to face challenges
Here’s what you need to know on Thursday, February 12th. The US reported a surprisingly strong non-farm payrolls figure for January, adding 130,000 jobs. This marks a positive beginning to the year, with the unemployment rate dropping to 4.3% and average hourly wages remaining stable at 3.7% year-over-year. Despite this encouraging jobs report, the dollar […]
AUD/USD Update for Today 11/02: Australian Dollar Declines
Created on February 11, 2026 The Australian dollar saw a slight decline in early trading on Tuesday, struggling to overcome the 0.71 mark. Australian dollar/US dollar
Russia Renewed Its Push for BRICS ‘Payment System’ to Challenge the U.S. Dollar
On Tuesday, Russia’s Foreign Ministry reiterated its interest in establishing a “cross-border payments infrastructure” for BRICS nations, aiming to reduce dependence on the US dollar in international trade. Russian Deputy Foreign Minister Sergei Ryabkov mentioned this initiative during a BRICS meeting in India, where it was introduced alongside a ‘New Investment Program and BRICS Grain […]
Australian Dollar maintains strength as China’s CPI increases in January
AUD/USD Update The AUD/USD pair has bounced back from recent declines, currently hovering around 0.7090 during the Asian session on Wednesday. This recovery comes after China’s Consumer Price Index (CPI) data revealed a continued strength, showing a 0.2% year-on-year increase for January, following a 0.8% rise in December. Notably, market expectations had placed the CPI […]
Forex Today: US Dollar steadying before US NFP
Here’s what you need to know on Wednesday, February 11th. The private sector added about 65,000 jobs on average during the four weeks that ended on January 24, a notable increase from just 5,000 jobs the previous week, according to the U.S. ADP. Meanwhile, retail sales remained stagnant in December, falling short of the anticipated […]
EUR/USD reaches one-week highs against a weak US Dollar
The euro (EUR) remained largely unchanged against the US dollar (USD) on Tuesday, trading at 1.1905. It has stabilized near a one-week high following two consecutive days of gains. As the market anticipates significant US economic indicators, the dollar remains weak amid a generally optimistic sentiment. On Monday, economic adviser Kevin Hassett from the White […]
US Dollar Index remains under 97.00 after China called for limits on Treasury holdings
The US dollar index (DXY), which evaluates the dollar’s strength against six major currencies, has shown weakness for three sessions in a row, hovering around 96.80 during Tuesday’s Asian trading hours. Traders are likely to keep an eye on the US retail sales figures that will be released later in the North American session. The […]
Dollar weakens before U.S. data, yen retains its gains after election
The dollar managed to stabilize on Tuesday, avoiding a slip ahead of upcoming economic data, while the yen remained robust following Prime Minister Sanae Takaichi’s decisive victory. On Tuesday, the U.S. dollar didn’t experience a significant drop as investors awaited key economic indicators that may influence interest rate directions. Meanwhile, the yen held its ground […]
The dollar faces the threat of losing its dominance due to a rebellion in Asia.
Impact of U.S. Tariffs and the Rise of e-CNY The highest tariffs imposed by the U.S. in almost a century have had a limited effect on global economic growth so far. Nonetheless, Asian policymakers aren’t backing down. They seem to be strategizing a push against the dominance of the U.S. dollar. It’s an interesting comparison—back […]