The U.S. Dollar is trading higher against major currencies on Thursday, amid rising worries about global economic growth, volatile financial markets, political uncertainty in the U.S. due to the ongoing partial government shutdown and doubts about China and the U.S. striking a trade deal ahead of expiry of the 90-day truce.
The Euro, at $1.1309, is down by about 0.63% against the greenback. The currency dropped to a low of $1.1290.
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Forex News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.