Amman, Feb 18 (Petra) – The U.S. dollar traded near its lowest level in two months on Tuesday, amid concerns about tariffs and expectations of potential interest rate cuts in the United States.

According to Bloomberg, the Japanese yen held steady at 151.61 against the dollar in early Asian trading, supported by strong Japanese economic data that contributed to a 4% rise in the yen against the dollar this year.

The U.S. dollar index, which measures the currency against six major peers, rose by 0.1%, but remained near its two-month low.

The euro remained at $1.04735, while the British pound was last recorded at $1.2608.

The Australian dollar dropped by 0.17% to $0.63459 but remained close to a two-month high of $0.6374. Meanwhile, the New Zealand dollar fell by 0.3% to $0.57195.

//Petra// AF

18/02/2025 23:28:47