美元：内部疲软加上竞争对手的改善。一旦美元走弱，其竞争对手立即坚定了决心。英镑上涨是由于市场接受了雷切尔·里夫斯的预算草案，日元在政府最强烈的口头干预后上涨，澳元在对储备银行关键加息的猜测中上涨，欧元在乌克兰冲突解决的希望中上涨。

Dollar: Internal Weakness Plus Improvement Among Competitors.As soon as the US dollar weakened, its competitors immediately stiffened their resolve. The pound rose due to the markets' acceptance of Rachel Reeves' draft budget, the yen rose following the government's strongest verbal interventions, the Australian dollar rose amid speculation about a key rate hike by the Reserve Bank, and the euro rose on hopes for a resolution to the Ukrainian conflict.

受降息预期影响，美元指数跌至99.50以下。受降息预期影响，美元指数跌至99.50以下

US Dollar Index retreats below 99.50 on rate cut expectations.US Dollar Index retreats below 99.50 on rate cut expectations

欧元正在走向雕刻业吗？。Tom Westbrook展望欧洲和全球市场的未来

EUROPE Is the dollar headed for the carvery?.A look at the day ahead in European and global markets from Tom Westbrook

美联储褐皮书：经济活动几乎没有变化，就业有所缓解，成本仍在上升。美联储的褐皮书表明，经济基本停滞不前，各区的活动“变化不大”。消费者支出再次下降，尽管受到关税的拖累和未来路径的不确定性，但制造业略有改善。

Fed's Beige Book: Activity little changed, employment eases, costs still rising.The Fed's Beige Book indicated an economy that has largely stalled, with activity “little changed” across Districts. Consumer spending declined again, while manufacturing posted slight improvement despite the drag from tariffs and uncertainty around their future path.