The dollar index (DXY00 ) on Wednesday fell by -0.61% to a 1-week low. Hawkish comments from ECB Governing Council member Holzmann on Wednesday boosted EUR/USD to a 1-week high, undercutting the dollar, as he stated there is no need for the ECB to cut interest rates further. The dollar...Polygonal vector illustration of the dollar and euro symbols by Vladyslav Severyn via Shutterstock
Dollar Falls on Dovish Fed Comments
Written on 08/06/2025
Rich Asplund