The euro slipped below $1.18 after mixed Eurozone PMI readings, while the European Central Bank signaled its rate-cut cycle may be nearing an end due to ongoing inflation pressures. The British pound hovered near $1.35, weighed down by rising UK public sector borrowing.

In commodities, gold traded near $3,750 per ounce, holding firm on expectations of further Fed cuts. Silver retreated from 14-year highs, reflecting a technical correction alongside Powell’s cautious tone. 

Equities saw fluctuations, with the US 100 Tech Index at 24,622, down 0.73% from the prior session after recent gains. Bitcoin rebounded above $112,000 after an intraday dip, marking a 2.06% gain over the past four weeks.

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