The U.S. dollar fell on Tuesday, as investors deliberated over the chances of a Federal Reserve rate reduction next month following dovish comments from policymakers, while the Japanese yen remained on intervention watch.

The US Dollar Index is pinned around the 100 level, but an explosive move is building as markets brace for a wave of high-impact US data. Retail Sales, PPI, Building Permits, Durable Goods, and GDP all hit this week — a cluster that will decide whether DXY breaks out or breaks down.

Singapore state investor Temasek Holdings Pte. has been “forced to hedge” the US dollar this year, according to its chief executive officer, calling the greenback’s weakness a big issue for foreign investors.

The yen was the worst performer against an otherwise weaker dollar on Monday, as investors watched for any signs of official buying from Tokyo to stem the slide in the Japanese currency.

The exchange rate for the US dollar compared to the Iraqi dinar started to decline on Tuesday in the Iraqi capital, Baghdad, and in Erbil.

The rupee stayed weak trading 2 paise lower at 89.24 against the US dollar in early trade on Thursday (November 27) due to increased demand of American currency from importers amid volatile global trade.

The Pakistani rupee (PKR) closed in green against the US Dollar (USD) 42nd day in a row on Monday. Meanwhile, it posted gains against some of the other

The US dollar is heading for its biggest weekly drop in four months, as trading volumes shrink because of the US Thanksgiving holiday - pushing traders to focus on next