đ The US Dollar Index (DXY) is hovering around 98.13, down about 0.6% this week, as traders grow increasingly confident that the Fed will cut rates in September. Soft labour data and uncertainty over upcoming Fed appointments are weighing on the greenback.
đ Risk Appetite Rebounds
Asian markets are on the rise đ, with Japanese indices hitting record highs. The tech sector is leading the way đ, fuelled by optimism around AI and trade stability. Meanwhile, gold is climbing again đȘ, approaching $3,400, as investors hedge against global tariff tensions and seek safety in precious metals.
đ What to Watch
âââWeakening DXY could power more upside in equities đŒ, gold đĄ, and emerging-market currencies đ
âââKey US economic reports (like jobless claims đ and inflation đ) could shift momentum
âââFed leadership shake-up and policy signals remain major catalysts â ïž
đ§ Market Outlook
Risk appetite is cautiously returning, but volatility remains a real risk. If DXY breaks lower, bulls may charge ahead in global markets. A reversal, however, could mark a swing back toward defensive assets.
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đ DXY and Global Risk SentimentâââWhat to Watch was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.
