Nasdaq
The dollar index (DXY00 ) on Monday fell by -0.32% and posted a new 1.5-month low. The dollar is under pressure from last Friday’s weak US unemployment report and the increased expectations for Fed easing through year-end. The dollar is also being undercut by concerns over Fed independence…
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Dollar Slides and Gold Rallies to a Record on the Outlook for Fed Rate Cuts
The dollar index (DXY00 ) on Monday fell by -0.32% and posted a new 1.5-month low. The dollar is under pressure from last Friday’s weak US unemployment report and the increased expectations for Fed easing through year-end. The dollar is also being undercut by concerns over Fed independence…