Dollar Under Pressure as Fed Rate Cut Expectations Increase

Written on 08/04/2025
Rich Asplund

The dollar index (DXY00 ) today added to last Friday’s losses and is down by -0.43%. The dollar is falling today on negative carryover from last Friday’s weaker-than-expected US payroll and ISM manufacturing reports, which bolstered speculation that the Fed may cut interest rates as soon as next month. Also,...US dollar background by Iluhanos via iStock