The U.S. dollar strengthened against other major currencies in the Asian session on Monday, as a Japanese holiday reduced liquidity and made China's very lackluster weekend stimulus measures the center of attention for the market.
China's finance ministry flagged more fiscal stimulus over the weekend but left out key details on the overall size of the package. Meanwhile, China's consumer inflation unexpectedly eased in September, while producer price deflation deepened, raising concerns about weak domestic demand.
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Forex News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.