Topic: Weekly FX Report

US equities face their second-worst week of 2024 as rising Treasury yields and Fed inflation concerns weigh on markets, boosting the US dollar.

Geopolitics, inflation, and central bank policies shape markets as 2025 nears, with the dollar gaining amid global uncertainties.

Global markets rose for a third consecutive week, supported by strong job openings. The U.S. Federal Reserve indicated a possible 25 basis point rate cut in December, adding to investor optimism.

Scott Bessent’s nomination lifted trade currencies, but Trump’s tariff threats hit the yuan. Inflation data highlighted policy divergence, while surprise central bank moves added volatility.

Markets steadied amid inflation concerns and geopolitical tensions. US equities rebounded, gold surged, and Bitcoin approached $100K, while inflation fears grew in the UK and Canada.

The dollar extends its rally amid expectations of pro-growth policies, while equities pause after string gains. US inflation data fuels rate-cut debates. Weak growth and political uncertainty weigh on the euro.