Sliding US Consumer Sentiment Weighs on the Dollar

Written on 11/07/2025
Rich Asplund

The dollar index (DXY00 ) today fell to a 1-week low and is down by -0.30%. The dollar is moving lower today on some carryover pressure from Thursday, when a report from Challenger showed US job cuts in October surged by 175% y/y, the most in 22 years, bolstering the...A concept image of a man carrying a bag that says debt on his back by Dilok Klaisataporn via Shutterstock