The U.S. Dollar is steady but near a three-week low as global attention focuses on today’s high-stakes meeting in Washington between Presidents Trump and Zelenskyy, following an unproductive ceasefire discussion with Russia last week. Later this week, the Jackson Hole Summit will take center stage, with Fed Chair Jerome Powell’s speech on Friday expected to provide key insights on interest rates, as markets currently predict an 85 percent chance of a September rate cut. Key events this week include U.S. housing data, FOMC minutes, and UK CPI figures. Meanwhile, the Australian and New Zealand Dollars are holding strong amid positive global risk sentiment, while the Euro struggles but attempts a recovery. European leaders remain hopeful for progress in U.S.-led peace talks, though skepticism lingers.
