Dollar Steadies From Weakness

Mohammad Ali (@ChaudhryMAli88) Published May 19, 2026 | 07:15 AM

Dollar steadies from weakness

SINGAPORE, (UrduPoint / Pakistan Point News / WAM - 19th May, 2026) The Dollar found support at the start of Asian trading on Tuesday after US President Donald Trump said he had paused a planned attack against Iran to allow negotiations and bond markets stabilised after a two-day selloff, Reuters reported.

The US dollar index, which measures the greenback’s strength against a basket of six currencies, held steady at 99.026.

The euro was flat at $1.1650, while the British pound was down 0.1% at $1.3427.

The Australian dollar was 0.1% lower at $0.7164, ‌while its kiwi counterpart slid 0.1% to $0.5868.

Against the Chinese yuan, ⁠the U.S. dollar held steady at 6.798 Yuan in offshore trade.

Bitcoin edged up 0.2% to $77,005.69, while ether was up 0.8% at $2,131.91.

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