Euro FX futures rise to 1.1640 after dovish Fed comments
Euro FX futures rallied after Federal Reserve Governor Christopher Waller’s dovish comments pressured the U.S. dollar. The euro hit an intraday high of 1.1640 and settled near 1.1630, extending a two-day rebound.
Todd Colvin analyzes the recent rally in Euro FX futures following dovish comments from Federal Reserve Governor Christopher Waller, which pressured the U.S. dollar.
The euro reached an intraday high of 1.1640 before settling near 1.1630, continuing a two-day rebound from its 1.1566 low.
Colvin also highlights rising volatility via the CVOL index and previews upcoming catalysts, including Friday's U.S. employment report and next week's ECB meeting.