The U.S. dollar advanced in the Asian session on Wednesday, rebounding from recent losses, but retreated as the session progressed after traders chose to pick up riskier assets despite rising worries about a surge in coronavirus infections.
A U.S. Federal Reserve policy meeting is due next week, with policymakers expected to stick with the super-easy monetary policy despite progress on the economy.
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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.