The U.S. dollar rose to a fresh 20-year high in the European session on Wednesday, hitting a 24-year peak against the Japanese currency.
The dollar soared to its highest level since 1985 against Pound Sterling.
For comments and feedback contact: editorial@rttnews.com
Forex News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.