Morning Bid: As stocks waver, dollar remains the surest bet
While stock markets shrugged off the dim start to 2025, the higher-for-longer U.S. rates theme has left the dollar's dominance intact, leaving the euro and sterling near multi-month lows. Beyond the worries of the U.S. central bank's measured rate cut path for 2025, investors are also grappling with how President-elect Donald Trump's policies will play out regarding inflation, growth and tariffs. European stock markets are set for a mellow open after Asian equities ended the week on a high, buoyed by South Korean shares.
Reuters
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4 hours ago