EUR/USD is broadly sideways around 1.0300, with investors focusing on Fed Chair Jerome Powell’s testimony before Congress.

USD/INR fell sharply after hitting a record high on Monday, raising market speculation for possible foreign exchange intervention by India’s central bank to prop up the rupee.

The Australian Dollar (AUD) weakened against the US Dollar (USD) on Tuesday as downward pressure mounted on the AUD/USD pair.

The WSJ Dollar Index was up 0.2% to 102.21 — higher for three consecutive trading days.

As with the Canadian dollar, neither currency was at the lows of last Monday at the height of the tariff fears. On that day euro dropped as low as $1.0125, a two-year low, and the Aussie to a near ...

If you thought currency markets were unpredictable before, welcome to the Trump era—a world where tariffs, policy tweets, and ...