The U.S. dollar fell against other major currencies in the European morning session on Friday.
The greenback fell to 98.49 against the yen for the first time since July 11.
The greenback declined to a 5-week low of 0.9269 against the franc, reversing from Thursday's 2-day high of 0.9394.
The greenback touched 1.3296 against the euro, a level not seen since June 20. If the greenback extends its downtrend, its next possible support is seen around the 1.335 area.
The dollar slipped to 1.5415 against the pound, heading towards Thursday's low of 1.5433 in more than 4 weeks.
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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.