The US Dollar continued to rally this week against the Euro, Japanese Yen, and Australian Dollar. The EUR/USD, USD/JPY, and AUD/USD pairs all saw the US Dollar gaining strength.
In the EUR/USD pair, the Euro struggled against the US Dollar as the Dollar maintained its momentum. The USD/JPY pair also saw the Japanese Yen weakening against the US Dollar, pushing the pair higher. Meanwhile, the AUD/USD pair experienced a similar trend with the Australian Dollar losing ground to the US Dollar.
Overall, the US Dollar showed strength across the board this week, leading to gains in all three currency pairs. Traders will be closely monitoring the Dollar’s performance in the coming week to see if this trend continues.