Page 17 - Urrencies News Today

Sentiment oscillated between rate cut expectations and inflation anxieties even as markets continued an anxious wait for the PCE-based inflation readings from U.

Stocks are historically expensive, bitcoin is a tool for criminals, and the era of dollar dominance won't end soon, Jeremy Grantham said.

The EUR/JPY is virtually unchanged during the North American session, after hitting a two day high of 164.40, though sellers dragged the exchange rate near the Tuesday open.

Economists at Nordea analyze how the focus on cuts from central banks could impact the FX market.

The US Dollar Index (DXY) is hovering around 104.20, trading with mild gains against its rivals on Tuesday.

The mild upside pressure on the US Dollar (USD) sparked an equally lacklustre pullback in AUD/USD on Tuesday, maintaining the trade in the 0.6540 region and fading part of Monday’s decent advance.

During Tuesday's session, the NZD/JPY pair rose to the 91.05 level, showing a slight gain of 0.15%.

Sentiment across world markets remains muted amidst an absence of positive catalysts as well as escalating geopolitical tensions..

Here is what you need to know on Monday, March 25: The US Dollar (USD) holds steady to start the new week, with the USD Index moving sideways in a tight channel above 104.00 in the European morning on Monday.

EUR/USD tested 1.0800 at the beginning of the week but managed to find support at that level.