Global Market Insights - Forex, Futures, Stocks

US data hurt the dollar, ECB to cut rates again

XM.com

Send us a text

Dollar slides as ADP and ISM data miss estimates. Still, investors see
55bps Fed cuts in 2025 ahead of NFPs. BoC stands pad, signals that one
more cut may be possible. ECB could deliver dovish rate cut; euro could
pull back.

Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.

Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en

Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warning

Receive your daily market and forex news analysis directly from experienced forex and market news analysts! Tune in here to stay updated on a daily basis: https://www.xm.com/weekly-forex-review-and-outlook

In-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD