Forex
Dollar Strength Continues Amid Rate Hike Expectations
The US dollar has maintained its strength against major currencies as investors anticipate further interest rate hikes from the Federal Reserve.
The ADP Employment Change Weekly figure, due on Tuesday, will be closely watched for signs of economic growth. Meanwhile, speeches by Fed officials Williams, Jefferson, and Barkin are also expected to influence market sentiment.
The EURUSD has come under pressure, falling below 1.1500, while the GBPUSD has followed its risk-linked peers in a downbeat mood. The USDJPY has surged above 157.00 amid the greenback's continued upside traction.