As the new week gets going, the global macro and FX landscape is fairly stable, with neither sharp moves nor major policy surprises dominating the tape.
The US dollar is holding near recent ranges as markets await key inflation and employment data. The outcome could shift expectations around the upcoming Federal Reserve rate decision and, in turn, global funding conditions.
Meanwhile, risk sentiment is edging higher as concerns around banking stress and trade friction appear to have softened, helping non-US dollar currencies and carry-oriented FX crosses regain some traction.
Exclusive FX research from LMAX Group Market Strategist, Joel Kruger
For the exact date and time of these major economic events, import the BlackBull Markets Economic Calendar to receive alerts directly in your email inbox.
Trading involves risk and may not be suitable for all investors. The information provided in this article is for educational purposes only and does not constitute financial advice. Always conduct thorough research and seek professional advice before making any investment decisions.
