The AUD/USD pair plunged 1.25% to 0.6555 on Wednesday after Donald Trump's US presidential election victory sparked enthusiasm for the US Dollar.

The Canadian Dollar (CAD) snapped a recovery against the Greenback on Wednesday, slipping back into familiar multi-year low territory after markets piled back into the USD following the US presidential election, where presidential candidate Donald Trump is the clear frontrunner.

The US Dollar Index (DXY), which measures the value of the USD against a basket of six currencies, surged to a four-month high after former US President Donald Trump secured the necessary electoral votes to become the next US president.

The NZD/USD pair softens to around 0.5940 during the early Asian trading hours on Thursday.

The USD/CAD pair extends the rally to near 1.3940 during the early Asian session on Thursday.

TOKYO : The dollar hovered off a four-month high on Thursday as the market continued to digest Republican Donald Trump's win in the U.S. presidential election, while investors eyed several central bank decisions that will be topped off by the Federal Reserve.The Fed is expected to cut interest rates by 25

The US Federal Reserve is expected to announce a quarter-point interest rate cut this week, shrugging off the economic uncertainty raised by Donald Trump's US election victory to continue easing borrowing costs on the back of cooling inflation.

The Pound Sterling plunged over 1.20% against the US Dollar on Wednesday after former US President Donald Trump won the 2024 Presidential election.

The US Federal Reserve is expected to announce a quarter-point interest rate cut this week, shrugging off the economic uncertainty raised by Donald Trump's US election victory to continue easing borrowing costs on the back of cooling inflation.

Markets are pricing in a near-certainty that the FOMC will lower its benchmark rate by a quarter percentage point.

Treasury yields surged on Wednesday, putting upward pressure on mortgage rates, as market participants strapped in for a Trump presidency that's expected to boost inflation and interest rates.

Silver price slumped sharply on Wednesday after US President Donald Trump wins the 2024 presidential election.

Bond yields surged after Trump's reelection, which could impact the rate borrowers get on loans. The 10-year Treasury yield rose 18 basis points, and

Iran’s currency fell on Wednesday to an all-time low as Donald Trump clinched the U.S. presidency again, signaling new challenges ahead for Tehran as it remains locked in the wars raging in the Middle East.

The USD/CAD pair recovers Tuesday’s sell-off and returns above the key figure of 1.3900 in North American trading hours on Wednesday.

Iran’s currency fell on November 6 to an all-time low as Donald Trump clinched the U.S. presidency again, signalling new challenges ahead for Tehran as it remains locked in the wars raging in the Middle East.

NZD/USD trades down by over three quarters of a percent in the 0.5940s as the US Dollar (USD) strengthens across the board following the announcement that the Republican nominee Donald Trump won the US presidential election.

The Greenback was set for its biggest one-day gain since 2020, boosted by Trump’s victory and the rising chances of a “Red Sweep.” Up next is the Fed meeting, where a 25-basis-point rate cut is widely expected by investors.

The Federal Reserve faces a starkly different outlook for growth and inflation now that former President Donald Trump looks to have secured his return to the White House, only this time with the likely support of both Houses of Congress for his tax, spending and tariff plans.

TEHRAN, Iran — Iran’s currency fell on Wednesday to an all-time low as former President Donald Trump was on the verge of clinching the U.S. presidency again, signaling new challenges ahead for Tehran as it remains locked in the wars raging in the Middle East.

The AUD/USD pair trims a part of heavy intraday losses and recovers around 70-75 pips from the vicinity of the 0.6500 psychological mark, or its lowest level since August 8 touched earlier this Wednesday.

The USD/CHF pair catches aggressive bids on Wednesday and spikes to its highest level since early August, around the 0.8755 region during the Asian session.

The EUR/USD pair comes under intense selling pressure on Wednesday and dives to its lowest level since early July, around the 1.0720-1.0715 region during the Asian session.

Gold price (XAU/USD) struggles to capitalize on the previous day's bounce from the $2,725-2,724 area, or a one-and-a-half week low and seesaws between tepid gains/minor losses during the Asian session on Wednesday.

The USD/CAD pair rallies over 80 pips from a two-week low, around the 1.3820-1.3815 region touched during the Asian session on Wednesday, reversing the previous day's losses and snapping a two-day losing streak.

Gold price (XAU/USD) struggles to capitalize on the previous day's bounce from the $2,725-2,724 area, or a one-and-half-week low and attracts fresh sellers during the Asian session on Wednesday.

Iran’s currency has fallen to an all-time low as former President Donald Trump clinched the U.S. presidency again.

The dollar rose by its steepest margin since 2016 and the benchmark U.S. Treasury yield rose Wednesday by its widest level since April.

In Tuesday's session, the AUD/USD rose 0.77% to 0.6638 as the Reserve Bank of Australia (RBA) signaled a hawkish stance on interest rates.

The Pound Sterling advanced against the Greenback during the North American session, with buyers reclaiming the 1.3000 figure and clearing the 100-day Simple Moving Average (SMA) resistance at 1.2982.

The NZD/USD pair climbs to near the psychological resistance of 0.6000 in North American trading hours on Tuesday.

The Pound Sterling (GBP) gains slightly to near 1.2980 against the US Dollar (USD) in Tuesday’s London session.

GBP/USD Price Forecast: Surpasses 1.3000 as bullish momentum builds The Pound Sterling advanced against the Greenback during the North American session, with buyers reclaiming the 1.3000 figure and clearing the 100-day Simple Moving Average (SMA) resistance at 1.2982.

The US Dollar Index (DXY), which measures the value of the USD against a basket of six currencies, retreats as uncertainty surrounding the upcoming US presidential election dampens gains from upbeat service sector data.