The dollar has rebounded slightly but remains close to a multi-week low as market participants focus on the Federal Reserve's monetary policy, particularly expectations of further easing.
Traders are awaiting the upcoming inflation data, particularly the U.S. Core PCE price index, which is anticipated to remain steady at 0.2% for August, indicating price stability.
The U.S. GDP report is expected to show significant growth of 3% quarter-on-quarter, an increase from the previous 1.4%, which may support a more hawkish stance from the Fed.
Fed Chair Powell's speech on Thursday could be pivotal, potentially triggering volatility in the dollar and Treasury yields, depending on the tone and content.
Collection
[
|
...
]