Dow Jones futures showed modest gains, rising 0.06% to approximately 48,650 during the European session on Monday. This slight uptick reflects a cautious optimism among investors as they await the release of the US ISM Manufacturing PMI. Meanwhile, S&P 500 and Nasdaq 100 futures also climbed, advancing 0.14% and 0.38% to around 6,910 and 25,480, respectively, indicating a positive sentiment in the broader market.
The movement in major indices could influence forex trading, particularly in the USD/EUR currency pair, as strong economic indicators may bolster the dollar. Traders are keenly observing market dynamics, which could impact exchange rates and lead to fluctuations in trading strategies as the data release approaches. The anticipation surrounding the PMI report underscores the interconnectedness of equity and forex markets, highlighting potential volatility in currency pairs as investors react to economic signals.
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Data Source: FX Killer Analysis Team Updated: 2026-01-05 10:24
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.