The US Dollar had a strong week once again against major currencies like the Euro, Japanese Yen, and Australian Dollar. The EUR/USD, USD/JPY, and AUD/USD pairs all saw significant movements in the market.
In the EUR/USD pair, the Euro struggled against the US Dollar as the Dollar continued to strengthen. The pair saw a downward trend throughout the week, with the US Dollar gaining momentum.
Similarly, in the USD/JPY pair, the US Dollar showed dominance against the Japanese Yen. The pair experienced bullish movements as the Dollar maintained its strength in the market.
The Australian Dollar also faced pressure from the US Dollar in the AUD/USD pair. The pair saw a bearish trend as the US Dollar continued to perform well against the Australian currency.
Overall, the US Dollar had a massive week once again, showing strength and dominance in the forex market. Traders will be closely watching the movements of the US Dollar in the coming week to see if this trend continues.