The US dollar underperformed against its major counterparts on Friday in Asia.
The greenback fell to 2-day lows of 1.5250 against the pound and 1.3149 against the euro, down from Thursday's closing values of 1.5229 and 1.3111, respectively.
On the downside, the US currency may find target levels at 1.5265/70 against the sterling and 1.32 against the euro.
The dollar also drifted lower to 0.9415 against the Swiss franc and fell back to below the key 100.0 level against the yen.
If the greenback extends downtrend, likely support levels are seen at 99.45/50 against the yen and 0.9385 against the Swiss franc.
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Forex News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.