Dec 24, 2025
US Dollar Weakens as Major Currencies and Gold Advance
The US dollar remains under pressure against the euro, British pound, and Australian dollar as markets reassess Federal Reserve policy, labor market trends, and year-end liquidity conditions.
Easing inflation data and expectations of a more accommodative Fed stance in 2026 continue to weigh on the dollar. At the same time, gold is trading near record highs, supported by macro uncertainty and ongoing geopolitical risks.
With reduced liquidity ahead of the holiday period, market participants remain cautious, but volatility across FX and commodities is likely to persist.
