US FX WRAP: Dollar erases earlier weakness after Trump disregards Hassett as Fed Chair pick
The dollar's recovery after Trump dismisses Hassett as a potential Fed Chair indicates that investor sentiment remains sensitive to potential shifts in monetary policy leadership.
Fed's Jefferson says do not want to prejudge January rate-setting decision
US Energy Secretary Wright seeks to secure oil and Minerals deals with Venezuela, Axios reports
US FX WRAP: Dollar erases earlier weakness after Trump disregards Hassett as Fed Chair pick
TREASURY WRAP: T-NOTE FUTURES (H6) SETTLE 15 TICKS LOWER AT 111-24
Intel (INTC) hires Qualcomm (QCOM) executive to lead GPU engineering for data centres, CRN reports
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This situation heightens uncertainty around rate expectations and could lead to increased volatility in currency pairs, particularly the USD/JPY and EUR/USD as markets reassess their positions based on who will ultimately fill that role.
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