Will the U.S. dollar remain strong?
30.03.2021
- A stronger U.S. dollar, a weaker yen, and lower gold prices
- Cryptocurrencies are on an upward trend
Yesterday, stock prices fluctuated, resulting in a market characterized by flat stock prices, a strong U.S. dollar, and rising interest rates. Bitcoin, the leading cryptocurrency, rose to $62,000, driven by reports that major U.S. financial firm Fidelity had filed for a BTC ETF and that payment giant Visa plans to introduce payments using stablecoins.
In the foreign exchange market, Oceania currencies are once again on an upward trend, with the AUD/JPY pair recovering to 84.2. The AUD/USD pair has also risen, making the Australian dollar, along with the New Zealand dollar, the strongest currencies. Additionally, cross-yen pairs, which were weak during yesterday’s Asian trading session, have rebounded, leading to a trend of yen weakness. The USD/JPY pair is currently testing resistance around 109.96.
Today, at 3:00 PM, Germany’s Import Price Index; at 3:45 PM, France’s Consumer Confidence Index; at 4:00 PM, Switzerland’s KOF Leading Index; at 9:00 PM, Germany’s Consumer Price Index (flash estimate);the U.S. S&P Case-Shiller Home Price Index and remarks by U.S. Federal Reserve Vice Chair Quarles at 10:00 PM, the U.S. Consumer Confidence Index at 11:00 PM, and remarks by U.S. New York Fed President Williams at 3:30 AM. Amid month-end rebalancing, we will watch carefully to see if the U.S. dollar’s rise continues.
Past Market Reports
21.04.2026
With the euro-Australian dollar pair hitting new lows this month, attention is turning to how much further it might fall
20.04.2026
Will the market wait and see how much further the U.S. dollar can rise against the yen?
17.04.2026
Will the weakening Swiss franc recover? Attention is turning to price movements during European trading hours.
16.04.2026
Market participants are likely keeping a close eye on the upside potential of the euro, which has risen against the U.S. dollar
15.04.2026
Should we keep an eye on remarks by key figures in the U.S. and try to gauge the direction of currency strength?
14.04.2026
Market participants are likely watching for signs of a rebound in the Canadian dollar, which fell against the U.S. dollar following the release of employment figures
13.04.2026
Will the weakening Swiss franc continue to strengthen against the yen, or should we wait and see?
10.04.2026
Will the U.S. dollar, which has fallen against the yen, continue its downward slide, or should we wait and see how the market moves?
09.04.2026
Should we keep an eye on the upside for European currencies that have risen against the U.S. dollar?
08.04.2026
Market participants may be wary of further downside potential for the U.S. dollar, which has weakened amid concerns over the situation in Iran
