US Dollar weakened due to volatile flows at month-end, equity markets performed positively
From Investing.com: 2025-07-01 02:31:00
Month-end flows influenced the session, resulting in underperformance. Equity markets ended the month positively but experienced volatility due to portfolio rebalancing. Global indices closed above early 2025 highs after a successful yet volatile June. Commodities had mixed performance with energy products declining while gold rallied above $3,300. Renewed tensions in Iran emerged, potentially impacting the macroeconomic landscape. The US Dollar lagged in month-end flows, with Pacific currencies outperforming. Today’s asset performance will be crucial for insights into the upcoming month. Economic data releases, including US PMIs and Chinese PMI, will provide clarity on the current economic picture. Watch out for the ECB data release for potential impacts on Monetary Policy.
Read more at Investing.com: US Dollar Under Pressure as July Begins with Volatile Month-End Flows