The dollar declines under the pressure of a rising yen.
On Tuesday, January 27, 2026, the U.S. dollar experienced a significant decline, nearing its lowest level in four months, due to the strengthening of the Japanese yen after two consecutive sessions of substantial gains.
The Yen Stabilizes Against the Dollar
The yen traded within the range of 153-154 per dollar, reaching 154.24 during the latest transactions, a notable recovery from the low of 159.23 recorded last Friday. This surge in the yen puts downward pressure on the dollar.
Euro and Pound Sterling Slightly Down
The euro held steady at 1.1878 dollars after peaking at 1.19075 on Monday. Meanwhile, the British pound, which had previously reached 1.37125 dollars, was recently trading at 1.3678 dollars.
Australian and New Zealand Dollar Performance Maintained
The Australian and New Zealand dollars have retained their gains from the previous session, trading at 0.6914 and 0.5970 U.S. dollars, respectively.
Dollar Performance Since the Start of the Year
Since the beginning of 2026, the dollar has lost over 1% against a basket of major currencies, with the latest index recorded at 97.05, following a four-month low of 96.808 reached on Monday.
