USD Weakness & Macro Data Watch
The US dollar is weakening toward 101.50 as Fed pause odds increase and safe-haven demand fades, with key macro events today including a 2-Year Note Auction and Dallas Fed index.
What we know
An account on X flagged USD softness toward 101.50 driven by fading safe-haven flows and rising Fed pause expectations. EUR/USD is holding above 1.1200 despite SMA headwinds. Another account on X noted today's schedule includes the Chicago National Activity Index, Dallas Fed Manufacturing, and a 2-Year Note Auction at 13:00 EST.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.