📉 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.
🌍 Risk Appetite Rebounds
Asian markets are on the rise 📈, with Japanese indices hitting record highs. The tech sector is leading the way 🚀, fuelled by optimism around AI and trade stability. Meanwhile, gold is climbing again 🪙, approaching $3,400, as investors hedge against global tariff tensions and seek safety in precious metals.
👀 What to Watch
— Weakening DXY could power more upside in equities 💼, gold 🟡, and emerging-market currencies 🌏
— Key US economic reports (like jobless claims 📄 and inflation 📊) could shift momentum
— Fed leadership shake-up and policy signals remain major catalysts ⚠️
🧭 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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📊 DXY and Global Risk Sentiment — What to Watch was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.
