Casting around the globe to identify key FX drivers, we note the following: Saturday’s China fiscal stimulus measures lack detail, oil is steady as markets await Israel’s retaliation against Iran, and equity markets remain generally supported following strong US bank earnings released on Friday and expectations of positive announcements in the chip sector this week, ING’s Chris Turner notes.
Source: https://www.fxstreet.com/news/usd-range-bound-near-term-ing-202410141134