The U.S. dollar has continued to weaken against major currencies, with the EUR/USD pair rising by 0.7% to 1.0491. Since 5 AM on November 25, the dollar has broadly declined, with the Swiss franc (CHF), Japanese yen (JPY), and Chinese yuan (CNH) appreciating the most against it. The Mexican peso (MXN) showed a 0.46% gain versus the dollar, while the Norwegian krone (NOK) fell by 0.285%. Despite this trend, the dollar rose by 1% against the Mexican peso later on November 25. Additionally, the yen increased by up to 0.4% against the dollar, reaching 153.68. As of November 26, the dollar/yen pair was down 0.55% at 153.32. In European markets, Eurostoxx 50 futures fell by 1.2%, DAX futures dropped by 0.9%, and FTSE futures decreased by 0.6%. Japan's Nikkei average futures were down 0.08%. Analysts are closely monitoring the effects of these currency movements on global financial markets.
DOLLAR/YEN DOWN 0.55% AT 153.32
The biggest movers in global FX overnight, based on volatility adjusted returns, were #USDCAD, #EURCAD, #EURMXN, #PLNHUF, & #USDMXN. For USD crosses, 21 out of 28 had positive returns. For EUR crosses, 12 out of 13 had positive returns. #Forex https://t.co/AnC2gruza0
YEN RISES BY UP TO 0.4% AGAINST DOLLAR TO 153.68