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Live Updates  >  Live Update Details

2025-09-12 19:38:24

[Monex: Fed rate cut bets will keep the dollar weak] Monex Europe analysts said in a report that even if the dollar stabilizes before the weekend and economic data on Friday is light, the dollar may continue to weaken. They said the Fed looks set to cut interest rates again on September 17 and begin a stable policy easing cycle. They said this should keep the dollar on the defensive for the next few months. Data released on Thursday showed that the number of initial jobless claims increased more than expected last week, while August inflation data was weaker than expected, with only limited tariff transmission effects and no signs that price pressures are expanding. The market has increased its bets on rate cuts.

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Instrument Current Price Change

XAU

3655.12

10.85

(0.30%)

XAG

42.103

0.310

(0.74%)

CONC

63.00

-0.26

(-0.41%)

OILC

67.27

-0.19

(-0.28%)

USD

97.491

0.135

(0.14%)

EURUSD

1.1773

-0.0012

(-0.10%)

GBPUSD

1.3491

-0.0064

(-0.47%)

USDCNH

7.1118

0.0052

(0.07%)

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