The U.S. dollar traded weak against most of its major rivals on Tuesday, as the safe haven Japanese yen found support from investors after growth worries resurfaced following the International Monetary Fund lowering its outlook for global economic growth for the year.
News that the Trump administration is considering imposition of tariffs on a wide range of goods from the European Union contributed as well to fears about global growth.
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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.