Page 4 - Az Dollar News Today

The U.S. dollar extended its early weakness against other major currencies in the Asian session on Friday following the release of the U.S. producer inflation data showing the smallest annual increase in prices in nearly three years, adding to bets that the Fed could soon end its monetary tightening campaign.

The Antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Wednesday, as traders react positively to comments from several U.

The U.S. dollar fell against its major counterparts in the New York session on Wednesday, as the nation's consumer inflation slowed more than expected in June, raising hopes that the Federal Reserve may conclude its rate hiking cycle soon.

The Australian dollar weakened against other major currencies in the pre-European session on Monday. The Australian dollar fell to nearly a 1-month low of 94.

The U.S. dollar was lower against its major counterparts in the New York session on Friday, as softer-than-expected jobs data for June eased concerns about the rate outlook.

The Japanese yen weakened against other major currencies in the Asian session on Monday, as investor sentiment reacted positively to the resolution of the U.S. debt ceiling crisis after it was signed into law by U.

The Japanese yen weakened against other major currencies in the Asian session on Monday. The yen fell to a 6-day low of 150.05 against the euro, from Friday's closing value of 149.

Reversing direction, the U.S. dollar fell against its major counterparts in the New York session on Monday, after a data showed that nation's service sector growth slowed more than expected in May.

The U.S. dollar erased its early losses against its major counterparts in the European session on Friday, as stronger-than-expected job growth in May pointed to resilience in the labour market.

The U.S. dollar was lower against its major counterparts in the European session on Thursday, as dovish comments from Fed officials renewed hopes of a pause in interest rate hikes this month.