DXY: FX volatility eases on thin thanksgiving trading – DBS
작성자 FXStreet Insights Team
게시일: 28 Nov 2025 | 수정일: 28 Nov 2025
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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 Chang Wei Liang 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 Chang Wei Liang notes.
DXY holds steady as markets pause
"With thinner trades due to the US Thanksgiving holiday, FX volatility has eased with the Dollar Index (DXY) consolidating around mid-99 levels."
"The Fed Beige Book released overnight was mixed. Overall consumer spending declined further, though higher-end retail spending remained resilient. While labor demand is weaker for half of the reporting Districts, prices rose moderately with widespread input cost pressures due to tariff-induced increases."
"The mixed picture supports the Fed’s cautious approach to cutting rates, and a resultant tepid decline of the USD."
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