From Investing.com: 2025-06-27 06:44:00

The dollar remains at a three-year low despite trade optimism, with Fed rate cut expectations weighing it down. The Nasdaq 100 boosts global stocks to record highs while gold prices drop. Mixed US data raises questions on the need for an immediate Fed rate cut. Investors eagerly await the US PCE inflation report for clarity. The US and China finalize a trade understanding, sparking hopes for more deals. Positive trade news drives risk assets higher but puts pressure on safe havens. Oil, gold, and yen struggle as markets focus on passing the budget bill.



Read more at Investing.com: US Dollar Under Pressure as Fed Rate Cut Bets Mount Ahead of PCE Data