The US dollar (USD) is registering a slight fall at the beginning of the week. The Aud and the NZD lead the profits between the main currencies so far, which suggests a pro-risk environment among investors. But the JPY is also well supported and the trends of the actions are mixed. European actions are slightly weaker while futures of US actions are green, says Shaun Osborne, head of Scotiabank FX.
The USD falls widely, focus on commercial conversations between the US and China
“With few economic news to focus during the night, commercial conversations between the US and China that are held today in London are attracting most attention. During the weekend, a White House official expressed confidence that the conversations would be productive and would result in an agreement. But the reports have indicated that recent commercial conversations with some countries have been slow USA, or in the case of recent conversations with Japan, the three senior officials who meet with China openly discussing among them on the objectives.
“But the data seemed less impressive when the net reviews of –95K for the last two months were taken into account. The reviews reflected less jobs from those initially reported in the government, commerce and transport – perhaps reflecting the impact of the Doge policies and US tariff Trump asked the Fed to cut the rates at a full point on Friday.
“By the end of summer, tariff -driven price increases may be more evident in the data, which could further complicate the perspective of politics – and increase the president’s frustration with the Fed. Prolonged uncertainty about trade and tariff Finals in the DXY seem to have reached its maximum point around 99.25/30 on Friday. Fall to the 90-95 area for the index. “
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
