Dollar Slumps on Fed Easing Prospects

Optimistic 41.0

The dollar index (DXY00 ) on Tuesday fell by -0.69% and posted a 2.5-month low. The dollar remains under pressure on expectations for the Fed to cut interest rates by -25 bp at Wednesday’s conclusion of the 2-day FOMC meeting. Also, increased expectations for Fed easing through year-end are bearish...
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This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.