US Dollar declines on Fed rate cut, profit taking
The US Dollar Index (DXY) dipped marginally following the Fed's 25 basis point interest rate cut, currently trading around 104.50. The statement highlighted the Fed's continued commitment to balancing its dual mandate of price stability and maximum employment.
The Federal Reserve cut interest rates by 0.25% on November 7. More interest rate cuts are likely through the end of 2026.
America’s central bank cut interest rates for the second time this year, making borrowing less expensive for consumers.
MAGA’s chieftain likes a weak greenback, but wait for the central bank before getting caught out on that limb.
A stronger dollar makes bullion less attractive for overseas buyers.[USD/] "The market is focused on the Fed decision ...
4don MSN
The dollar lost ground after weekend polls showed the odds of a ... was closed in Asian trading hours as markets in Japan ...
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