The US dollar rises due to hawkish Fed comments, but falls after disappointing home sales.

From Yahoo Finance: 2025-06-25 10:38:00

The US dollar is up by 0.20% today, driven by hawkish comments from Fed officials. Despite this, the dollar fell after new home sales data disappointed. The chance of a rate cut after the July FOMC meeting is currently at 21%. In contrast, the euro is down 0.04% against the dollar, but Eurozone car registrations rose by 1.6% year-over-year. The yen is sliding against the dollar due to a ceasefire between Israel and Iran, as well as dovish comments from the BOJ. However, Japan’s PPI services prices rose more than expected. Precious metals are mixed today, influenced by the dollar’s strength and geopolitical factors. Concerns over tariffs are boosting demand for safe-haven assets like gold and silver, with fund buying supporting prices.



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