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27/06/2025 04:27 AST
The US dollar on Thursday eased to a three-and-a-half-year low against the euro as concerns about the future independence of the US Federal Reserve (central bank) undermined faith in the soundness of the country's monetary policy.
The dollar index sank to its lowest since early 2022 at 97.491 points.
The dollar slipped across the board as the euro gained 0.2% to reach $1.1687, its highest since October 2021.
Sterling rose 0.2% to $1.3690, its highest since January 2022, while the dollar was at its lowest against the Swiss francs since 2011 at 0.8033.
The franc also struck a record peak on the yen around 180.55.
The dollar dipped 0.2% on the yen to 144.89.
ONA
| Ticker | Price | Volume |
|---|
| US Dollar | 1.00 |
| Euro | 0.88 |
| British Pound | 0.77 |
| Japanese Yen | 113.21 |
| Saudi Riyal | 3.75 |
| Kuwaiti Dinar | 0.30 |
| Derham Emirati | 3.67 |
| Bahraini Dinar | 0.38 |
| Omani Riyal | 0.39 |
| Qatari Riyal | 3.67 |
25/06/2025
The US dollar declined against other currencies in Tuesday's trading.
The dollar index, which measures the performance of the US currency against a basket of currencies, fell to 98.12, conti
QNA
24/06/2025
The dollar rose Monday as investors turned to safe-haven assets, but the restrained moves suggest markets are monitoring developments in the Middle East.
In currency markets, the euro was 0.
QNA
27/05/2025
The US dollar index, which tracks the currency against six major rivals, sank 0.3% to 98.813, while the euro jumped along with risk-sensitive currencies like the Australian dollar on Monday after Pre
QNA
27/05/2025
The euro hit a one-month high against the dollar on Monday, after U.S. President Donald Trump backed down from threatened 50% duties on European Union shipments from June 1, after the bloc asked for
Reuters
19/05/2025
The U.S. dollar trimmed a four-week gain in early Asian trade as markets digested a surprise downgrade of the U.S. government's credit rating and as lingering trade frictions weighed on sentiment.
Reuters
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