The USD has strengthened today, rebounding from recent declines as market focus shifts to upcoming speeches by Fed officials. At 04:20 ET (08:20 GMT), the Dollar Index climbed 0.2% to 105.500, marking a recovery from last week's lows.
Investors are closely monitoring comments from Fed policymakers, including Vice Chair Philip Jefferson, Governor Lisa Cook, and Boston Fed President Susan Collins. Their remarks will provide insights into the central bank's stance on interest rates amid ongoing economic uncertainties.
Meanwhile, European markets saw the euro dip after disappointing German industrial production data, while anticipation builds ahead of the Bank of England's meeting on Thursday. In Asia, the yen weakened despite intervention talk from Japanese officials. Stay tuned for further updates as this story develops.
Comments