empty
 
 

15.12.202502:00:18UTC+00Dollar Holds Losses Ahead of Data Releases

The dollar index remained steady at approximately 98.4 on Monday, following a three-week decline, as investors geared up for significant US economic data releases postponed by the recent government shutdown. Scheduled for release on Tuesday are the November nonfarm payrolls and October retail sales figures, with the November consumer price index to follow on Thursday. In the previous week, the Federal Reserve reduced interest rates by 25 basis points, indicating a trajectory less aggressive than what the markets had expected. Cleveland Federal Reserve President Beth Hammack expressed a preference for slightly more restrictive rates to manage inflation effectively, whereas Chicago Fed President Austan Goolsbee predicted more interest rate cuts in 2026 than anticipated by his colleagues. In addition, President Donald Trump mentioned on Friday his consideration of appointing either former Fed Governor Kevin Warsh or economic advisor Kevin Hassett to head the central bank in the coming year.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback