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Dollar Lacks Direction as US Midterms, Payrolls and AI Risks Set Up a Critical Week
Dollar traded without a clear direction during Monday’s European session, even though CME FedWatch showed the probability of a December 25bps hike rising from 70.7% at Friday’s settlement to 76.6%. The US 2-year Treasury yield was little changed around 4.59%, the 10-year eased toward 4.92%, and Brent crude fell toward $108 on reports that Washington and Tehran were exploring diplomatic options. The post Dollar Lacks Direction as US Midterms, Payrolls and AI Risks Set Up a Critical Week appeared first on ActionForex .
Latest closeWTI crude $102.95 ▲0.9%|Brent $112.33 ▼2.2%
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