Lola Evans
18 Nov 2025, 01:30 GMT+10
NEW YORK, New York - The U.S. dollar demonstrated broad strength in foreign exchange trading on Monday, climbing against a basket of major currencies as shifting interest rate expectations continued to drive market sentiment.
The greenback posted significant gains against the Japanese Yen, with the USD/JPY (USDJPY) pair rising 0.46 percent to reach 155.23, hovering near multi-decade highs. The dollar also advanced strongly against the Swiss Franc, with the USD/CHF (USDCHF) pair increasing by 0.43 percent to 0.7963.
The commodity-linked Canadian Dollar also softened against its U.S. counterpart. The USD/CAD (USDCAD) pair moved higher by 0.26 percent, trading at 1.4054.
The euro was a notable decliner, with the EUR/USD (EURUSD) pair falling 0.28 percent to 1.1588. The British Pound also lost ground, as GBP/USD (GBPUSD) edged down 0.13 percent to 1.3155.
The sell-off was even more pronounced in the antipodean currencies. The Australian Dollar was one of the session's weakest performers, with the AUD/USD (AUDUSD) pair tumbling 0.66 percent to 0.6491. The New Zealand Dollar followed suit, as NZD/USD (NZDUSD) fell 0.42 percent to 0.5654.
Monday's price action created a clear narrative of U.S. dollar dominance, as traders bet on the Federal Reserve maintaining a higher-for-longer interest rate stance compared to other major central banks.
Get a daily dose of Bangladesh Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Bangladesh Sun.
More InformationBy Vivek Prabhakar Singh Greater Noida (Uttar Pradesh) [India], November 18 (ANI): The president of World Boxing, Boris van der Vorst,...
New Delhi [India], November 17 (ANI): Sri Lanka have announced changes to their squad for the T20I tri-series against Zimbabwe and...
Perth [Australia], November 17 (ANI): Australian batter Jake Weatherald described meeting cricket stars Steve Smith, Usman Khawaja,...
Bengaluru (Karnataka) [India], November 17 (ANI): Venkatesh Prasad on Monday voiced his deep shock and disappointment over the abrupt...
New Delhi [India], November 17 (ANI): Former Australian cricketer Brad Haddin has criticised the Indian team, which lost their first...
New Delhi [India], November 17 (ANI): After the Indian team failed to chase 124 runs against South Africa in the first Test at Kolkata,...
NEW YORK, New York - A wave of pessimism swept through financial markets on Monday, sending major stock indexes sharply lower as investors...
NEW YORK, New York - The U.S. dollar demonstrated broad strength in foreign exchange trading on Monday, climbing against a basket of...
NEW YORK, New Yoek - Global equity markets delivered a mixed performance on Monday, with European indices broadly lower while several...
WASHINGTON, D.C.: President Donald Trump announced on November 14 that he is eliminating U.S. tariffs on beef, coffee, tropical fruits,...
NEW YORK CITY, New York: With salaries stagnating and living costs climbing, a growing number of Americans are turning to multiple...
OMAHA, Nebraska: Berkshire Hathaway has reshaped its tech portfolio ahead of Warren Buffett's retirement, unveiling a new multibillion-dollar...
