Dollar’s Downward Drift
The US dollar is still slipping in the market, and the air feels like a “chill‑pill” mindset from the Federal Reserve.
Why the Dollar’s Feeling Low?
- Fed is expected to keep rates flat through the rest of the year.
- Rate cuts may pop up in the first half of next year, giving investors a glimmer of hope.
- Market watchers are eyeing today’s FOMC minutes for a backstage pass to November’s meeting.
What’s on the Radar?
- New economic data releases are the focal point and could shift policy expectations.
- Yield trends still hold the power to push the dollar down if Treasury rates fade.
The Ripple Effect
If the U.S. yields retreat, other major currencies like the Japanese yen and the Chinese yuan might make a comeback, having been under the weight of the year‑long pressure.
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