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
Dollar Under Pressure as Fed Rate Cut Expectations Increase
Written on 08/04/2025
Rich Asplund