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US Dollar Strengthens as Rate Expectations Drive FX
The US dollar has strengthened into late June as higher-for-longer rate expectations return to the centre of FX markets. The yen remains under pressure, AUD and NZD are softer, while EUR and GBP are steadier but capped by weaker growth signals.
Biggest Currency Movers – March 2026
March has seen a strong shift in FX markets, with the U.S. dollar outperforming as oil prices, geopolitical risk and shifting rate expectations reshaped currency moves.