Dollar drifts in anticipation of Fed clues

Transcript

00:00 The US dollar slightly weakened while the euro remained stable.

00:04 The movements are being attributed to notable events including Britain's budget, a European

00:09 central bank meeting, US jobs data and key political moments in China and the US.

00:15 Meanwhile, Bitcoin surged above $64,000 fueled by heightened inflows into cryptocurrency

00:21 exchange-traded funds, particularly in the US.

00:25 Expectations for central banks including the Federal Reserve and Bank of England have converged,

00:31 maintaining currency volatility at its lowest since the onset of the Ukraine war.

00:37 (scratching)