The U.S. dollar surged to multi-year highs following Friday's stronger-than-expected labor data, reinforcing expectations of a hawkish Federal Reserve and enhancing the greenback's appeal.
Market participants are betting on a rate cut later this year, while upcoming speeches from Federal Reserve officials could further influence market dynamics amid persistent inflationary pressures.
The German full-year GDP growth data could influence the European Central Bank's policy trajectory, raising speculation that stronger data might lead to a reduced rate-cut pace.
With volatility anticipated around Trump's inauguration and the Federal Reserve's rate decision, key events could sway investor sentiment significantly in the coming weeks.
Collection
[
|
...
]