The U.S. dollar weakened significantly against major currencies ahead of the release of key U.S. employment data and comments from Federal Reserve Chair Jerome Powell. The Dollar Index fell to 103.60, reflecting ongoing pressure on the currency. European bourses were mostly lower, while U.S. futures showed modest gains ahead of the U.S. Non-Farm Payroll (NFP) report. The euro strengthened, reaching above $1.08, supported by expectations of stimulus from the European Central Bank. In Latin America, the dollar experienced fluctuations, closing the week with a notable decline. In Chile, the dollar fell to around $925, marking a significant weekly drop amid signs of U.S. economic deceleration. Wall Street ended the week with gains on Friday following Powell's remarks, which suggested the U.S. economy is in a good place. However, the major indices still recorded weekly losses, with the S&P 500 posting its worst week of 2025.
Wall St fecha em alta após falas Powell, mas registra perda semanal https://t.co/MiIJyCeqv1
Wall Street fecha em alta após falas de Powell, mas registra perda semanal https://t.co/qbm3gW0hCO
Wall Street termina en verde una semana volátil marcada por la incertidumbre económica https://t.co/jX1slh4n2C