The foreign exchange market wraps up the first half of the year: the US dollar was initially weak then strong, while the Australian dollar appreciated against the trend.

Golden Ten Data reported on July 1 that looking at the foreign exchange market in the first half of 2026, the US Dollar Index (DXY) fell to 95.5 at the beginning of the year and eventually closed above 101 by mid-year, posting a cumulative increase close to 3%. In the first half, among the seven major currency pairs: EUR/USD fell 2.7%; GBP/USD dropped 1.4%; USD/CAD rose 3.4%; USD/CHF increased 2%; USD/JPY climbed 3.8%, with the yen depreciating to a 40-year low; NZD/USD declined 1.4%; AUD/USD defied the trend and gained 3.7%. Among other currencies, offshore RMB strengthened by 2.7% against the US dollar in the first half; USD/RUB fell 0.5%; thanks to Mexico’s high domestic interest rate environment, USD/MXN dropped nearly 3% in the first half.