ForexLive European FX news wrap: Dollar holds mostly firmer, equities under pressure ...Middle East

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ForexLive European FX news wrap: Dollar holds mostly firmer, equities under pressure

Headlines:

Dollar keeps in control to start the new weekWeekly update on interest rate expectationsTraders are only barely seeing one rate cut by the Fed for this year nowStocks accelerate losses in European morning tradeECB's Vujcic: ECB unlikely to accelerate rate cutsECB's Rehn: It makes sense to continue with rate cutsECB's Lane says further monetary policy easing is likelyUS unveils new restrictions on AI chip exportsTrump adviser says to expect call with Putin soon

Markets:

    JPY leads, GBP lags on the dayEuropean equities lower; S&P 500 futures down 0.7%US 10-year yields flat at 4.773%Gold down 0.8% to $2,668.50WTI crude up 1.9% to $78.06Bitcoin down 4.2% to $90,574

    In the major currencies space, the dollar stays more bid in general with the euro and sterling in particular lagging.

    In other markets, gold is finally feeling the weight of the stronger dollar as it is down to test its own 100-hour moving average near $2,666 in the past hour. Then, we have Bitcoin which is down over 4% as sellers are threatening a shove back towards $90,000 to start the week.

    This article was written by Justin Low at www.forexlive.com.

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