The U.S. dollar came under pressure on Thursday as a resurgent Japanese yen, rising Australian dollar, and steadily strengthening Chinese yuan pushed the greenback toward a weekly loss. Investors are closely watching upcoming U.S. jobs and inflation data for signals on growth and Federal Reserve policy. The yen has gained more than 2.6% since Japan’s […]
global currencies
Dollar weakens ahead of U.S. Thanksgiving as global currencies gain
SINGAPORE – The U.S. dollar weakened on Thursday as global currency markets saw light trading ahead of the Thanksgiving holiday, with investors shifting focus to 2026 when a series of U.S. interest rate cuts are expected. The euro climbed above $1.16, while the yen strengthened 0.4% to 155.87 per dollar. Read More: SBP releases latest […]