FOREX TradingCharts.com

Forex News: U.S. Dollar Weakens Amid Trade Talks, Debt Concerns

U.S. Dollar Weakens Amid Trade Talks, Debt Concerns

06/30/2025 - 16:32:00 (RTTNews)

(RTTNews) - The U.S. dollar dropped against its most major counterparts in the New York session on Monday, as investors monitored negotiations over President Donald Trump's tax bill in the Republican-controlled Senate.

Treasury Secretary Scott Bessent said that the bill will progress in the coming hours.

The bill passed a key procedural vote in the Senate and is estimated to increase the deficit by about $3.3 trillion.

Hopes of trade deals between the U.S. and key partners also weighed on the safe-haven currency.

The greenback declined to near a 4-year low of 1.1779 against the euro and near a 14-year low of 0.7930 against the franc. The currency is poised to find support around 1.20 against the euro and 0.77 against the franc.

The greenback fell to a 4-day low of 1.3617 against the loonie, 7-1/2-month low of 0.6579 against the aussie and an 8-1/2-month low of 0.6095 against the kiwi. The next possible support for the currency is seen around 1.34 against the loonie, 0.68 against the aussie and 0.62 against the kiwi.

The greenback retreated to 1.3722 against the pound, from an early 4-day high of 1.3673. The currency may find support around the 1.40 level.

In contrast, the greenback recovered to 144.51 against the yen, from an early 4-day low of 143.77. If the currency rises further, it is likely to find resistance around the 148.00 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


Pound Climbs Against Most Majors (02 min(s), 44 sec(s) ago)
(RTTNews) - The pound firmed against its most major counterparts in the New York session on Monday ...Full Story»

U.S. Dollar Rises Against Majors (09 hr(s), 14 min(s), 44 sec(s) ago)
(RTTNews) - The U.S. dollar strengthened against other major currencies in the European session on ...Full Story»

Commodity Currencies Slide Amid Risk-off Mood (10 hr(s), 59 min(s), 44 sec(s) ago)
(RTTNews) - The commodity-linked currencies such as the Australia, the New Zealand and the Canadia ...Full Story»

Canadian Dollar Drops Against Most Majors (11 hr(s), 20 min(s), 44 sec(s) ago)
(RTTNews) - The Canadian dollar weakened against most major currencies in the Asian session on Mon ...Full Story»

NZ Dollar Slides Against Majors (11 hr(s), 26 min(s), 44 sec(s) ago)
(RTTNews) - The New Zealand dollar weakened against other major currencies in the Asian session on ...Full Story»

Australian Dollar Falls Against Majors (11 hr(s), 32 min(s), 44 sec(s) ago)
(RTTNews) - The Australian dollar weakened against other major currencies in the Asian session on ...Full Story»

Euro Climbs Against Most Majors (24 min(s), 16 sec(s) ago)
(RTTNews) - The euro firmed against its most major counterparts in the New York session on Friday. ...Full Story»

U.S. Dollar Falls On U.S. Tariff Uncertainty (08 hr(s), 11 min(s), 44 sec(s) ago)
(RTTNews) - The U.S. dollar weakened against other major currencies in the European session on Fri ...Full Story»

Search

FOREX NEWS

Pound Climbs Against Most Majors

07/07/2025 - 16:20 PM (RTTNews)
(RTTNews) - The pound firmed against its most major counterparts in the New York session on Monday ...Full Story>>

U.S. Dollar Rises Against Majors

07/07/2025 - 07:06 AM (RTTNews)
(RTTNews) - The U.S. dollar strengthened against other major currencies in the European session on ...Full Story>>

Commodity Currencies Slide Amid Risk-off Mood

07/07/2025 - 05:23 AM (RTTNews)
(RTTNews) - The commodity-linked currencies such as the Australia, the New Zealand and the Canadia ...Full Story>>

Canadian Dollar Drops Against Most Majors

07/07/2025 - 05:00 AM (RTTNews)
(RTTNews) - The Canadian dollar weakened against most major currencies in the Asian session on Mon ...Full Story>>

NZ Dollar Slides Against Majors

07/07/2025 - 04:54 AM (RTTNews)
(RTTNews) - The New Zealand dollar weakened against other major currencies in the Asian session on ...Full Story>>

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.