The main event today will be the release of the May FOMC minutes at 2:00 p.m. ET. With most Federal Reserve officials aligned with a wait-and-see approach amid ongoing economic uncertainty, the minutes are expected to...

U.S. dollar holds firm as ADP jobs data disappoints, fueling Fed rate cut speculation. Sterling drops 1% amid UK political turmoil and rising gilt yields. Markets eye July 9 tariff deadline and upcoming NFP report.

Neil Parker explores the economic challenges facing North America—from slowing growth and uneven labor market trends to diverging monetary policies—and what they mean for interest rates and FX market volatility. Neil will examines the Fed’s latest moves, assessed Canada’s employment outlook, and discussed how these dynamics could shape currency performance heading into 2026.

Markets remain relatively muted mid-week as investors await the inflation data from the Eurozone.

The U.S. dollar index edged up on Wednesday after rising 1.4% the previous session.

The U.S. dollar index hovered near a 20-year high, holding near its recent surge.

After dropping 0.44% yesterday, the U.S. dollar index hovered near a 20-year high on Thursday.

The U.S. dollar regained traction on Tuesday after losing more than 1% the previous day as investors anticipated more clarification on the UK's budget plan.

Following slight gains (0.08%) yesterday, the U.S. dollar finds demand among its main competitors as the market enters early European trading on Wednesday.

The USD (by BBDXY measure) rose 0.3% yesterday, posting gains against all its G10 counterparts as weakness in risk assets drove haven demand.