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CNBC's Jackie DeAngelis reports on the falling U.S. dollar at the commodities desk, with the "Futures Now" traders.
Stocks fell as large-cap technology declined more than 1 percent, while a Senate vote delay raised heighten policy uncertainty.
Nasdaq futures pulled back after Google was hit with a record fine of $2.7 billion by European Union regulators.
The euro could strengthen, with the ECB likely hinting about tightening and the Fed slowing its hikes, says Divya Devesh, Standard Chartered Bank.
Markets are still sitting on the fence on whether there will be another rate hike by the Fed this year, says Sean Callow from Westpac Bank.
The euro hit its highest level in over a week on Tuesday as the dollar slipped.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
U.S. equities closed mixed on Monday as a rise in the financials sector helped offset losses from large-cap technology stocks.
U.S. stock index futures pointed to a higher open, as investors watched an uptick in oil prices carefully.
James Butterfill, head of research and investment strategy at ETF Securities, speaks about potential moves in the U.S. dollar in response to a range of economic factors.
While markets seem to expect the US dollar to weaken, Credit Agricole has offered a contrarian take: there is room for the greenback to strengthen.
With the Fed expected to normalize rates, the steepening of the yield curve will support the dollar going forward, says David Forrester, Credit Agricole.
Dominic Schnider at UBS Wealth Management says the Canadian dollar has more room to run, as the Bank of Canada may hike rates in Q4.
Financial investors' lack of faith in another U.S. interest rate rise this year kept the dollar pinned back.
U.S. equities closed mostly higher on Friday as energy stocks stemmed this week's sell-off.
U.S. stock index futures pointed to a lower open on Friday, as investors await economic releases and speeches from the Federal Reserve.