Reuters: Dollar softens as US-China talks take spotlight
Category:
Updated:2025-06-09
"The dollar is retreating and momentum is fading...putting downward pressure on trading ranges and measures of implied volatility," said Karl Schamotta, chief market strategist, at in Toronto. "Investors believe that positive headlines emanating from the U.S.-China trade talks are largely priced in across the major currency pairs, Wednesday's inflation numbers are expected to come in soft, and even Thursday's 30-year Treasury auction is seen meeting with solid investor demand."
Switch to 91快活林
Discover how making the move to 91快活林 streamlines payments and strengthens your business.
Talk to an Expert