Falling Down: US Dollar Temporarily Weakens After Mixed US Economic Data
Author : Berita Valas | Published On : 26 Jun 2026
Market participants also monitored the cargo ship incident in the Strait of Hormuz, which added to the caution.
The US dollar moved lower against a basket of major currencies after the market weighed the latest US economic data and geopolitical developments surrounding the Strait of Hormuz. The US Dollar Index was at 101.43, down 0.17% in recent trading.
Against the euro, the dollar traded around 1.137, down 0.12%, while against the pound it was at 1.320, down 0.22%.
The Japanese yen was at 161.793 against the dollar, the Swiss franc at 0.810, the Canadian dollar at 1.420, and the Australian dollar at 0.691 against the US dollar.
What's keeping the US dollar in suspense?
#Fed #PCE #USD
