With a December Fed rate cut almost fully priced, market attention is shifting to the outlook for 2026, as expectations of a more dovish Fed could weigh on the dollar in the months ahead.

US Dollar (USD) is down across the board, global equity markets are up, and bond markets are steady.

The US Dollar (USD) sold off in Asia as news emerged that interviews for the Fed chair position had been cancelled, ING's FX analyst Chris Turner notes.

US Dollar (USD) traded subdued overnight, in absence of fresh catalyst while most major central bank decisions are largely priced. The Dollar Index (DXY) last seen at 99.19 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.

The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades 0.1% lower to near 99.20 during the Asian trading session on Wednesday.

The Dow Jones Industrial Average (DJIA) faced a messy session on Tuesday, exploring early upside and challenging the 47,600 level before getting knocked back down once again.

The US Dollar (USD) advanced marginally on turnaround Tuesday, enough to halt a multi-day decline as investors geared up for upcoming key US data releases, while speculation around another Fed rate cut next week remained on the rise.

US Dollar (USD) bounced off mid-November lows yesterday but has yet to reclaim its 200-day moving average. 10-year Treasury yields steadied around 4.09% after rising nearly 10bps yesterday as heavy corporate borrowing drew demand away from government bonds.

The US Dollar (USD) recovered in New York after earlier losses in Europe, supported by safe-haven flows amid broad risk-off conditions, ING's FX analyst Francesco Pesole notes.

The Dollar Index (DXY) steadied after its pullback, with markets fully pricing a December cut and awaiting next week’s FOMC for any hawkish surprises. DXY last seen at 99.44 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.

The US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, trades flat around 99.45 during the early European trading session on Tuesday. The USD Index has turned sideways after bouncing back from the monthly low around 99.00, revisited on Monday.

The Dow Jones Industrial Average (DJI) stumbled out of the blocks in December, falling 200 points and chalking in a soft technical barrier at the 47,600 level.

The US Dollar (USD) enters December under pressure, with markets heavily pricing in a Fed rate cut next week amid a softer labor market and the scheduled end of quantitative tightening, DBS' Senior FX Strategist Philip Wee notes.

The US Dollar (USD) opens December weaker as narrowing rate differentials weigh on the greenback, while markets await November ISM manufacturing data and anticipate President Trump’s Fed chair nomination, BBH FX analysts report.

The US Dollar (USD) is entering Friday’s NA session with modest gains against most of the G10 currencies, supported by month end flows and a broader tone that appears somewhat fragile as market participants react to the CME’s outage, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret r

US Dollar (USD) crosses have traded in tight ranges as the Thanksgiving holiday dried up flows. Volatility shouldn't pick up materially today, even though the dollar remains vulnerable to a convergence lower towards short-term swap rates, ING's FX analyst Francesco Pesole notes.

With subdued holiday trading and a mixed Beige Book, the US Dollar (USD) steadies as markets see little impetus for a sharper move lower, DBS' Senior FX Strategist Philip Wee notes.

The Dollar Index (DXY) gaps as markets price an 80% chance of a December Fed cut, extending the shift in Fed rhetoric, OCBC's FX analysts Frances Cheung and Christopher Wong note.

Dow Jones futures are steady around 47,500 during Thursday’s European session, while S&P 500 and Nasdaq 100 futures also hold firm, edging up 0.03% and 0.08% to roughly 6,830 and 25,300, respectively. US markets will remain closed as traders observe the Thanksgiving holiday.

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a negative note near 99.45 during the early European trading hours on Thursday.

The Dow Jones Industrial Average (DJIA) gained another 400 points on Wednesday, clawing back recent losses and testing back above the 47,500 level.

US Dollar (USD) is consolidating yesterday’s losses. Narrowing US-G6 rate differentials suggests the path of least resistance for USD is down. Fed policy is still restrictive and leaves scope for the Fed to deliver more easing.

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a negative note near 99.60 during the Asian trading hours on Wednesday. The DXY extends the decline as traders anticipate the US interest rate cut in December.  

The Dow Jones Industrial Average (DJIA) gained a volatile 550-plus points on Tuesday, rallying out of an early volatility spat as investors rolled with the punches on conflicting headlines.

The US Dollar (USD) is trading mixed to slightly softer overall against the major currencies.

In a recent audio comment, UBS's Paul Donovan discusses the implications of Federal Reserve Governor Christopher J. Waller's advocacy for a December rate cut, emphasizing the potential risks to the US economy.

US Dollar (USD) is trading on the defensive and holding above its 200-day moving average.

Dow Jones futures decline 0.07% to trade below 46,500 during European hours on Tuesday, ahead of the United States (US) market open. The S&P 500 futures and Nasdaq 100 futures are also lower, declining 0.06% and 0.16% to around 6,720 and 24,900, respectively, at the time of writing.

US Dollar (USD) hovers near recent high but failed to make much headway. Uncertainty over Dec meeting outcome continues to swing sentiments. Dollar Index (DXY) last seen at 100.18 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.

This week is a short week, at least for US trading, as Thanksgiving is celebrated on Thursday. Experience shows that trading will be correspondingly thin from Wednesday afternoon onwards.