The U.S. dollar stumbled on Thursday, hitting multi-month lows against the euro, Swiss franc, and sterling and extending losses from the previous session, after the Federal Reserve delivered a less hawkish outlook than some had expected.

SoFi Technologies has launched SoFiUSD, a fully reserved US dollar stablecoin issued by its banking subsidiary, SoFi Bank. According to Thursday’s announcement, SoFiUSD is backed one-to-one by cash held by SoFi Bank,

Third, the Trump administration is openly attacking and undermining US government agencies and the country’s central bank, the Federal Reserve. Trump has repeatedly threatened to replace the current Fed chair, Jerome Powell, and dismiss other central bank officials since returning to the White House in January.

The U.S. dollar drifted higher against major currencies on Friday after falling in recent sessions, but was still set for its third straight weekly drop amid the prospect of interest rate cuts by the Federal Reserve next year.

DXY holds support as traders await key CPI data, with soft jobs figures and rising unemployment adding pressure on the dollar and fueling rate-cut speculation.

The U.S. dollar headed for its third straight weekly drop on Friday, hurt by the prospect of rate cuts next year after the Federal Reserve pushed back against hawkish market bets, lifting the euro and sterling to their highest since October.

The Indian rupee hit an all-time low, breaching 91 against the US dollar amid sustained foreign fund outflows and trade uncertainty. The currency exte

The US dollar is getting hammered. It’s weak against the euro, the British pound, Canada’s loonie and the Aussie. It just logged what many call its “worst first half ever.” That, the bears say, shows faltering confidence in US assets. They expect ...

The rupee weakened to 90.72 against the US dollar after opening at 90.53, underscoring persistent FII outfows amid the lack of an India-US trade deal.| Business News

The exchange rate for the US dollar compared to the Iraqi dinar declined on Tuesday in Baghdad and remained stable in Erbil.

The ringgit opened higher at the 4.07 level against the US dollar, the best level seen in close to five years, despite a firmer US Dollar Index (DXY),

Backed by gold and a basket of member currencies, the UNIT is designed to reduce reliance on the US dollar, but major hurdles remain.