US Dollar Starts 2025 on a Cautious Note

From Investing.com: 2025-01-02 05:58:00

The US dollar opened lower today, but its overall outlook remains unchanged as the Fed’s hawkish stance continues to support the currency. Yen traders are divided on whether the Bank of Japan will hike rates in January, with market expectations fluctuating based on economic data and policymakers’ statements. Meanwhile, Wall Street saw a pullback in the final days of 2024 after a strong year driven by AI and lower interest rates, but stock futures suggest a positive open today as investors look to take advantage of potential buying opportunities in the new year.



Read more at Investing.com: US Dollar Starts 2025 on a Cautious Note