The dollar index (DXY00 ) on Friday retreated from a 2-month high and fell by -0.95%. The dollar tumbled Friday after the Jul payroll report showed the US labor market cooled more than expected, bolstering speculation the Fed may cut interest rates as soon as next month. Losses in the...A hundred dollar bill being torn by Alona Siniehina via iStock
Dollar Sinks and Gold Surges as Fed Rate Cut Chances Increase
Written on 08/01/2025
Rich Asplund