Podcasts

The U.S. Dollar is set to close the week with a surprising half-percent gain despite the Federal Reserve’s dovish tone and interest rate reduction. Market skepticism around inflation and payroll data has bolstered the Dollar’s safe-haven appeal. The Euro has gained over 1.1 percent in December, supported by the European Central Bank’s steady policy stance, while the Japanese Yen has weakened significantly despite the Bank of Japan’s rate hike, as unclear guidance from BOJ leadership has left markets uncertain. The University of Michigan Consumer Sentiment Survey, expected to show slight optimism, will be released at 10 a.m. today.