A Look at the Latest European FX News and Market Movements

Monday, 25 March 2024, 11:59
The article discusses the current state of the forex market, noting a slight decline in the dollar amidst mixed market conditions. While US 10-year yields are up, European equities are lower and S&P 500 futures are down. With a quiet trading session anticipated following last week's central bank activity, the focus is on month-end and quarter-end flows impacting market dynamics.
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A Look at the Latest European FX News and Market Movements

European FX News and Market Update

The dollar is slightly lower against major currencies as European equities dip and US futures head south. The week is expected to be calmer compared to the central bank-driven action last week.

Key Highlights:

  • USD/JPY: Near multi-year highs with Tokyo warnings
  • ECB's Lane: Confident in wage growth return to normal
  • Markets Performance: GBP leads, CHF lags

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