Dollar Falters and Gold Soars as Fed Rate Cut Chances Increase

Written on 09/03/2025
Rich Asplund

The dollar index (DXY00 ) on Wednesday fell by -0.24%. Wednesday's rebound in equity markets has curbed liquidity demand for the dollar. Losses in the dollar accelerated on Wednesday as the chances for a Fed rate cut later this month increased after the Jul JOLTS job openings fell more than...Dollar bills in an organized pile by TheDigitalArtist via Pixabay