Here is what you need to know on Tuesday, May 13:
The US Dollar (USD) is experiencing a slight pullback in the European morning trading session on Tuesday, following a strong performance against its major counterparts at the beginning of the week. Investors are now keenly awaiting key European economic data releases, including the ZEW Survey – Economic Sentiment index for both Germany and the broader Eurozone. Later today, market participants will be closely scrutinizing the April Consumer Price Index (CPI) data from the United States, which is expected to provide further insights into the current inflationary pressures within the US economy. Analysts predict the CPI data will influence the Federal Reserve’s upcoming monetary policy decisions.
US Dollar PRICE This week
The table presented below illustrates the percentage change in value of the US Dollar (USD) against a selection of major global currencies during the current week. Analysis indicates that the US Dollar has demonstrated the most significant strength relative to the Euro.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 1.19% | 0.76% | 1.09% | 0.55% | 0.00% | 0.50% | 0.88% | |
| EUR | -1.19% | -0.30% | 0.44% | -0.15% | -0.56% | -0.21% | 0.16% | |
| GBP | -0.76% | 0.30% | 0.92% | 0.16% | -0.24% | 0.02% | 0.47% | |
| JPY | -1.09% | -0.44% | -0.92% | -0.54% | -1.69% | -1.44% | -0.45% | |
| CAD | -0.55% | 0.15% | -0.16% | 0.54% | -0.28% | -0.06% | 0.31% | |
| AUD | -0.01% | 0.56% | 0.24% | 1.69% | 0.28% | 0.25% | 0.69% | |
| NZD | -0.50% | 0.21% | -0.02% | 1.44% | 0.06% | -0.25% | 0.34% | |
| CHF | -0.88% | -0.16% | -0.47% | 0.45% | -0.31% | -0.69% | -0.34% |
The heat map presented above visualizes the percentage changes between major currencies. The currency listed in the left column serves as the base currency, while the currency listed in the top row functions as the quote currency. For instance, selecting the US Dollar from the left column and tracing horizontally to the Japanese Yen will display the percentage change representing USD (base)/JPY (quote).
