 Dollar remains under pressure as the market heads into the US session, with selling momentum picks up slightly alongside a continued decline in Treasury yields. US stock futures are staging a robust rally, reflecting optimism over President-elect Donald Trump's selection of Scott Bessent as Treasury Secretary. Bessent is viewed as a safe choice for implementing key policies, including tariffs, with a measured approach. On the other hand, Euro stands out as the strongest performer so far, shrugging off disappointing German Ifo Business Climate data. Swiss Franc follows as the second strongest, while Yen rounds out the top three. In contrast, Canadian Dollar is among the weakest, followed by Australian Dollar, with Kiwi and Sterling occupying middle-ground positions.... |
