Dollar rebounds with focus on Fed policy
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There has been lots of talk about central banks diversifying away from dollars but the SNB is among the first to confirm it.
EUR/USD (EUR:USD) is holding near 1.1620 after a volatile start to the week, with the pair unable to sustain momentum above 1.1660.
Euro US Dollar, EUR/USD exchange rate cash Futures, Euro Futures, EUREX EUR/USD Rolling Spot Futures. Read Fawad Razaqzada's latest article on Investing.com UK.
The dollar strengthened against major currencies as investors await crucial U.S. economic data amidst ongoing concerns about Federal Reserve independence. Despite political turmoils involving key figures,
The Euro (EUR) came under renewed pressure against the US Dollar (USD) on Wednesday as a stronger Greenback, soft German Consumer Confidence data, and escalating political tensions in France weighed on the single currency, with EUR/USD slipping below the key 1.1600 psychological mark.
The US dollar continues to see a lot of noise at the moment, and it is trying to strengthen in the early market hours. At this point in time, this is a market that is still trying to sort out what Fed cuts might mean.
Earlier in August, we published our monthly FX update. In this note, we discuss our latest thinking and why we are looking for 1.20+ levels through 2026.
Matthias Reschke, JP Morgan's Head of European Investment Grade Finance, on French debt premiums and the public versus private markets. He speaks with Bloomberg's Guy Johnson, Kriti Gupta and Anna Edwards on 'The Opening Trade'.