The U.S. dollar was weak against most major currencies on Tuesday as it was continued to be weighed down by claims by biotechnology firm Moderna Inc. about positive results from an its experimental Covid-19 vaccine, known as mRNA-1273.
The company said the vaccination in humans showed immune response and added that it is planning to begin additional trials soon and is aiming to be ready for potential emergency use of its vaccine this fall.
For comments and feedback contact: editorial@rttnews.com
Forex News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.