Forex Today: US Dollar Slips on Final Trading Day of H1

Forex Today: US Dollar Slips on Final Trading Day of H1

USD Extends Weekly Losses Into Monday

The US Dollar Index (DXY), which tracks the greenback’s value against a basket of six major currencies, is trending lower once again on June 30, marking continued weakness as H1 2025 concludes. The DXY shed more than 1.5% in the past week, with rising expectations of Fed rate cuts weighing on the dollar.

Key Events to Watch Today

Traders are closely watching the economic calendar, which includes:

• Germany Inflation Rate
• US Dallas Fed Manufacturing Index

Additionally, markets are bracing for speeches from several central bank policymakers, including officials from the Federal Reserve, European Central Bank (ECB), and Bank of England (BoE), which may provide further clues on monetary policy direction.

Market Sentiment Overview

Investor sentiment remains cautious as the quarter closes, with USD weakness potentially boosting risk-sensitive currencies like the Euro (EUR), British Pound (GBP), and Australian Dollar (AUD).

Internal Linking Suggestions:

• Live USD Index Analysis
• Global Central Bank Updates
• Inflation Reports by Country