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US Dollar Near 11-Week Low amid Soft Economic DataSingapore, 26 Feb (ONA) — The US dollar today sagged near an 11-week
low against its major peers, under pressure from sliding
short-term Treasury yields after a run of weak economic data.
The US dollar index, which measures the currency against six
major rivals, slipped 0.1% to 106.17 early in the Asian day.
The two-year US Treasury yield declined to 4.086% today,
sinking back towards the low of 4.074% from the previous day, a level
not seen since 1 November 2024.
The US currency edged down from the highest since 12 February 2025 at
C$1.4318 ,reached in the prior session, losing 0.1% to C$1.4302. It
was steady at 20.46 Mexican pesos.
The euro added 0.1% to $1.0520. Sterling was steady at $1.2669,
while the Australian dollar eased 0.1% to $0.6339.— Ends/Khalid
