Fed’s Williams: Big challenge is on inflation

New York Federal Reserve (Fed) Bank John Willams said during the European trading session on Thursday that downside employment risks have eased and the economy is showing a strong demand from Artificial Intelligence (AI). Williams warn that the major challenge for the central bank is coming from high inflation.

Sep 24, 2026

US Dollar: Rally starting to look stretched – ING

ING’s FX Strategist Francesco Pesole notes the Dollar has jumped, with DXY above 101.0, supported by strong US PMIs, higher Oil and soft risk sentiment, but now looks stretched versus fundamentals.

Euro: Fiscal risks point lower against US Dollar - MUFG

Derek Halpenny at MUFG argues that widening French OAT/Bund spreads and global fixed income risk aversion are adding to negative momentum for the Euro. Political and fiscal uncertainties in France, including a large planned consolidation and budget risks, weigh on sentiment.