Nasdaq
The dollar index (DXY00 ) on Tuesday fell by -0.43% due to the increased chances of a Fed rate cut after the CPI report. The market boosted the chances for a Fed rate cut at the September meeting to 96% from 88%, after Tuesday’s US CPI report was roughly neutral…
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Dollar Falls as CPI Report Boosts Chances of a Fed Rate Cut
The dollar index (DXY00 ) on Tuesday fell by -0.43% due to the increased chances of a Fed rate cut after the CPI report. The market boosted the chances for a Fed rate cut at the September meeting to 96% from 88%, after Tuesday’s US CPI report was roughly neutral…