US dollar weakens as markets await data and ECB decision - London Business News | Londonlovesbusiness.com
Briefly

The U.S. dollar's continued weakness is intertwined with uncertainties surrounding the new administration's policies, particularly in relation to tariffs, which has left the market in a volatile state.
Anticipation of key economic data releases and potential Fed decisions contributes to cautious market sentiment, with robust data potentially strengthening the dollar while disappointing figures could have the opposite effect.
Stronger-than-expected European economic data has led to speculation regarding the European Central Bank's rate-cut strategies, which may bolster the euro against the dollar in the future.
U.S. Treasury yields have stabilized at recent highs, specifically above 4.5% for the 10-year note, but are expected to face increased volatility influenced by both Trump's inauguration and Federal Reserve directives.
Read at London Business News | Londonlovesbusiness.com
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