Early FX Rates: Dollar Firm, Emerging Markets Pressured
Update: 2025-12-22
Description
Good morning! Were starting with early foreign exchange rates from New York. The US dollar is firm against major currencies, with the euro at 1.171-1.176 dollars, the pound at 1.338-1.345, and the yen at 6.338-6.368 per dollar. The Canadian dollar is steady at 0.72-0.73, while Australias dollar ranges from 0.62-0.65. Chinas yuan holds steady at 0.14, and Indias rupee is around 1.1 cent. Emerging market currencies like Brazils real and Mexicos peso are under pressure. Turkeys new lira is weak at 2.3 cents, and Russias ruble dipped. Stable pegs include Saudi Arabias riyal and the UAE dirham. As the New York session progresses, these rates will change with the news, so stay tuned for updates on global currency movements.
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