Dollar Falls and Gold Pushes to a New Record High on Fed Easing Prospects

The dollar index (DXY00 ) today is down by -0.42% at a 2.25-month low. The dollar remains under pressure today on expectations for the Fed to cut interest rates by -25 bp at Wednesday’s conclusion of the 2-day FOMC meeting. Also, increased expectations for Fed easing through year-end are bearish...