The U.S. dollar weakened against its most major counterparts in the New York session on Tuesday.
The greenback declined to a 5-month low of 1.0946 against the euro and more than a 4-month low of 1.2961 against the pound.
The greenback retreated to 147.01 against the yen, from an early 4-day high of 148.12. This may be compared to an early more than 5-month low of 146.53.
The greenback is poised to challenge support around 1.11 against the euro, 1.31 against the pound and 141.00 against the yen.
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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.