Stay informed on the latest financial news with our expert analysis. The US Dollar Index is facing resistance after a recent rally, with key data releases and a speech from Federal Reserve Chairman Jerome Powell on the horizon.
US Dollar Price Movement This Week
The US Dollar has shown mixed performance against major currencies this week, with the New Zealand Dollar emerging as the strongest contender. Check out the table below for a detailed breakdown of the percentage changes:
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.88% | -1.31% | -1.40% | -0.66% | -0.78% | -1.74% | -1.65% | |
| EUR | 0.88% | -0.51% | -0.47% | 0.22% | 0.00% | -1.03% | -0.80% | |
| GBP | 1.31% | 0.51% | -0.13% | 0.69% | 0.51% | -0.46% | -0.29% | |
| JPY | 1.40% | 0.47% | 0.13% | 0.68% | 0.59% | -0.23% | -0.39% | |
| CAD | 0.66% | -0.22% | -0.69% | -0.68% | -0.14% | -1.00% | -1.02% | |
| AUD | 0.78% | -0.00% | -0.51% | -0.59% | 0.14% | -0.88% | -0.81% | |
| NZD | 1.74% | 1.03% | 0.46% | 0.23% | 1.00% | 0.88% | 0.11% | |
| CHF | 1.65% | 0.80% | 0.29% | 0.39% | 1.02% | 0.81% | -0.11% |
Get ready for Federal Reserve Chairman Powell’s speech at the Jackson Hole Symposium as it could have a significant impact on the financial markets. Stay tuned for more updates!
Analysis: The US Dollar is facing resistance after a recent rally, with key data releases and a speech from Federal Reserve Chairman Jerome Powell on the horizon. This could lead to increased volatility in the financial markets, affecting currency pairs and commodities. Stay informed to make well-informed investment decisions.