US dollar strengthens, Asian markets rise on Chinese stimulus, SNB cuts rates, ECB considers cut.

From Investing.com: 2024-09-26 06:51:00

The US dollar rebounds before Fed speakers, while US futures rise with Asian markets on China optimism. SNB cuts rates as ECB considers October cut. Dovish Fed bets can’t keep the dollar down despite central banks cutting rates. Despite falling to a 2-year low, yields recover to help uninvert yield curve, limiting downside for the greenback. The SNB cuts again, dollar watches Powell, euro slips on ECB speculation. Asian stocks rise on China stimulus, oil struggles on higher supply expectations from Saudi Arabia and Libya. Micron Technology boosts tech stocks with strong earnings forecasts.



Read more at Investing.com: US Dollar Bounces Back as Global Markets Get a Boost From More Chinese Stimulus