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Forex news -forex broker review => Forex => Topic started by: forex4you on Aug 21, 2024, 06:06 am

Title: US Dollar loses ground as investors remain overly confident on a September cut
Post by: forex4you on Aug 21, 2024, 06:06 am
US Dollar loses ground as investors remain overly confident on a September cut

The US Dollar, benchmarked by the US Dollar Index (DXY), recorded a seven-month low, in correspondence with a falling trend in Treasury yields and intense dovish bets on the Federal Reserve (Fed).

Source: US Dollar loses ground as investors remain overly confident on a September cut (https://www.fxstreet.com/news/us-dollar-dips-to-multi-month-lows-on-dovish-fed-bets-202408201717)