Dollar steady as investors eye release of US data backlog

A recent Bank of America survey indicates that investors expect the euro to end 2026 within a range of $1.10 to $1.20, compared to its current value of $1.1587. This sentiment reflects a cautious outlook among investors regarding significant fluctuations in the euro-dollar exchange rate.

U.S. stock futures indicated that Monday’s selloff is set to continue, reflecting a negative sentiment in the markets. The dollar, gold, and bitcoin also experienced declines, alongside Treasury yields, as investors sought safety amid economic uncertainties. This downturn follows a period of optimism regarding U.S.-China trade talks, which had previously buoyed market sentiment.

US stock futures and Bitcoin have trimmed their losses, indicating a potential easing of the recent selloff in global markets. Treasury yields rose, and the dollar remained stable, suggesting a shift in investor sentiment. This development comes after a period of volatility, reflecting a cautious optimism among traders as they assess market conditions and economic indicators.

European shares experienced a decline as investors adopted a cautious stance ahead of critical economic data from the United States. The market sentiment reflects uncertainty, with traders closely monitoring upcoming reports that could influence market dynamics. This cautious approach indicates a wait-and-see attitude among investors, who are likely anticipating significant insights from the US data that could impact their investment decisions.