FX News | Caxton Daily Market View

Daily Market View 03-12-2025

Written by David Stritch | Dec 3, 2025 9:59:48 AM

US Dollar Softening Across the Board, with Focus on Next Fed Chair

 

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There's not much to report on today, movements are small and most things are pretty well expected. One item that hasn't been quite priced in by the market is the likelihood that Kevin Hassett will be the man to replace Powell at the top of the Fed come May.

PMI data releases all day, with all 3 of the major blocs we examine printing figures. Eurozone data is already out and suggesting a slightly better feeling amongst Euro citizens that first anticipated. How US and British consumers feel, is soon to come.

 

Markets Today

*Please be aware the below rates represent the market rate at 8:00 AM, contact your Caxton dealer or check online for a live quote.

 

Today's Economic Calendar

Major Economic Releases (All times in GMT)

No major releases