US Dollars Struggle Continues Ahead of Fed Meeting
From Investing.com: 2025-05-06 04:59:00
Risk appetite is improving despite the S&P 500 losing ground. Implied volatilities have dropped significantly, while gold rallies and oil remains near recent lows. All eyes are on the US trade balance, the 10-year US auction, and Trump’s trade rhetoric. The Fed and BoE are gearing up for their meetings, with expectations of a rate cut from the BoE. Trump is discussing tariffs on various sectors. The focus today is on the US trade balance and the 10-year US auction as investors navigate a quieter data calendar.
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