FOREX-Dollar weak with rate-cut enthusiasm intact, euro at 7-week high
Published on: Dec. 4, 2025, 7:15 a.m. | Source: Devdiscourse
Thierry Wizman, global FX & rates strategist at Macquarie, said the sudden realization of better data abroad, wage growth signals in Japan, combined with the prospect that the next Fed chair will be Hassett, has probably helped push other currencies higher as the dollar has slid. The euro was steady at $1.1674 in Asian hours after breaching the highest level since October 17 in the previous session as data showed business activity in the euro zone expanded at its fastest pace in 30 months in November.
