FOREX TradingCharts.com
HOMECHARTS & QUOTESFOREX NEWSFOREX QUOTESLEARN FOREXFOREX BROKER LISTBOOKMARKFEEDBACK

Forex News: U.S. Dollar Falls Against Majors

U.S. Dollar Falls Against Majors

04/28/2025 - 14:56:00 (RTTNews)

(RTTNews) - The U.S. dollar weakened against its major counterparts in the New York session on Monday, as investors focused on upcoming earnings announcements and some crucial U.S. economic data.

The all-important U.S. jobs report, Q1 GDP data and the Federal Reserve's favored inflation gauge, core PCE, are due to be released this week.

April U.S. jobs figures, due on Friday, may show a sharp slowdown in hiring.

Traders are also keeping a close eye on developments on the trade front, with Treasury Secretary Scott Bessent telling ABC News' "This Week" on Sunday he believes an agreement in principle can reached on "17 or 18 important trade deals" the administration is currently negotiating.

"A trade deal can take months, but an agreement in principle and the good behavior and staying within the parameter of the deal by our trading partners can keep the tariffs there from ratcheting back to the maximum level," Bessent said.

Meanwhile, in a separate interview with CNBC's "Squawk Box" this morning, Bessent said he believes it's up to China to de-escalate, "because they sell five times more to us than we sell to them." Monday

The greenback fell to 5-day lows of 0.8199 against the franc, 1.1422 against the euro and 142.12 against the yen. The currency may challenge support around 0.80 against the franc, 1.15 against the euro and 140.00 against the yen.

The greenback dropped to a 7-month low of 1.3424 against the pound. If the currency falls further, it is likely to test support around the 1.36 region.

The greenback declined to 5-day lows of 1.3824 against the loonie and 0.6429 against the aussie, from an early high of 1.3891 and a 4-day high of 0.6367, respectively. The currency is seen finding support around 1.36 against the loonie and 0.66 against the aussie.

The greenback edged down to 0.5982 against the kiwi, from an early 10-day high of 0.5928. The currency is poised to challenge support around the 0.62 level.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT FOREX and ECONOMIC NEWS STORIES


U.S. Dollar Falls Against Majors (03 hr(s), 22 min(s), 47 sec(s) ago)
(RTTNews) - The U.S. dollar weakened against its major counterparts in the New York session on Mon ...Full Story»
Pound Rises As European Shares Traded Higher (10 hr(s), 22 min(s), 47 sec(s) ago)
(RTTNews) - The British pound strengthened against other major currencies in the European session ...Full Story»
Pound Rises Against Majors (10 hr(s), 46 min(s), 47 sec(s) ago)
(RTTNews) - The British pound strengthened against other major currencies in the European session ...Full Story»
Swiss Franc Recovers Against Majors (02 hr(s), 04 min(s), 47 sec(s) ago)
(RTTNews) - The Swiss franc recovered against its major counterparts in the New York session on Fr ...Full Story»
Euro Advances Against Most Majors (02 hr(s), 58 min(s), 46 sec(s) ago)
(RTTNews) - The euro climbed against its most major counterparts in the New York session on Friday ...Full Story»
Yen Falls As European Shares Inch Higher (11 hr(s), 55 min(s), 47 sec(s) ago)
(RTTNews) - The Japanese yen weakened against other major currencies in the European session on Fr ...Full Story»
Yen Falls Against Majors (12 hr(s), 10 min(s), 47 sec(s) ago)
(RTTNews) - The Japanese yen weakened against other major currencies in the European session on Fr ...Full Story»
Commodity Currencies Rise Amid Risk-on Mood (13 hr(s), 58 min(s), 47 sec(s) ago)
(RTTNews) - The commodity currencies such as Australia, the New Zealand and the Canadian dollars s ...Full Story»
Search

FOREX NEWS

U.S. Dollar Falls Against Majors

04/28/2025 - 14:56 PM (RTTNews)
(RTTNews) - The U.S. dollar weakened against its major counterparts in the New York session on Mon ...Full Story>>

Pound Rises As European Shares Traded Higher

04/28/2025 - 07:56 AM (RTTNews)
(RTTNews) - The British pound strengthened against other major currencies in the European session ...Full Story>>

Pound Rises Against Majors

04/28/2025 - 07:30 AM (RTTNews)
(RTTNews) - The British pound strengthened against other major currencies in the European session ...Full Story>>

Swiss Franc Recovers Against Majors

04/25/2025 - 16:12 PM (RTTNews)
(RTTNews) - The Swiss franc recovered against its major counterparts in the New York session on Fr ...Full Story>>

Euro Advances Against Most Majors

04/25/2025 - 15:20 PM (RTTNews)
(RTTNews) - The euro climbed against its most major counterparts in the New York session on Friday ...Full Story>>
USDCAD
Economic CalendarForex GlossaryForeign Exchange RatesForex Currency TradingForex ChartsPrivacy Policy Translate AdvertiseContact Us

Do not sell my personal information

Copyright © 2025. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.