Activity

The US Dollar Index (DXY) continues its upward momentum, trading above 98.50 as investors anticipate the upcoming University of Michigan consumer sentiment survey.

Bank of Japan Governor Kazuo Ueda provides insights on the recent 25 basis point rate hike, signaling shifts in Japan’s monetary policy and broader economic stance.

Growing skepticism around inflation data and geopolitical tensions with Venezuela are fueling market uncertainty and impacting global economic sentiment.

EUR/USD is showing persistent weakness, approaching a key nine-day support near 1.1700. Despite short-term softness, the broader bullish channel remains intact on the daily chart.