Page 14 - Az Dollar News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The U.S. dollar was subdued in the European session on Monday, as investors awaited economic data due this week for more clues about the Federal Reserve's rate hike path.

The Australian dollar dropped against its major counterparts on Monday, as investors cautiously awaited central bank meetings and U.S. corporate earnings. Fed Governor Lisa Cook said on Friday that U.

Commodity currencies such as the Australia, the New Zealand and the Canadian dollars came under pressure in the Asian session on Friday, as investors fretted about an upcoming recession.

The Japanese yen strengthened against its major counterparts in the European session on Thursday, as investors reacted to hawkish comments from Fed officials and worried over recession risks.

The U.S. dollar dropped against its major counterparts in the New York session on Thursday, as first-time jobless claims rose more than expected last week, signalling a slowdown in the labor market.