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The U.S. Dollar is slightly weaker this week as markets anticipate a likely 25 basis-point rate cut from the Federal Reserve next Wednesday, with potential for further cuts by year-end. The Fed’s tone on future policy will be critical, as overestimated rate cuts could disappoint equities. The Euro remains flat amid European political turmoil, protests, and inflation concerns, while the Mexican Peso has been stable but may see shifts next week as Banxico weighs inflation against further rate cuts. Key events include the University of Michigan Consumer Sentiment Index today, Mexico’s Independence Day on Tuesday, and the Fed’s policy decision on Wednesday.
