After moving broadly sideways in mid-European deals, the US dollar resumed its Asian session downtrend against the major currencies of Europe on Tuesday morning in New York.
The greenback is presently trading at 4-day lows of 0.9556 against the Swiss franc and 1.2571 against the euro with 0.9540 and 1.26, respectively seen as its next likely downside target levels.
Against the pound, the dollar is presently trading at the day's low of 1.5812, down from a 1-week high of 1.5757 hit in the Asian session. The next likely support for the greenback is seen around the 1.5820/30 area.
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Forex News
August 21, 2026 14:42 ET The minutes of the latest policy meeting of the Federal Reserve, housing market data and manufacturing sector survey results were the main news for the U.S. economy this week. In Europe, inflation data from the U.K. was the highlight, while consumer price data from Japan drew attention in Asia.