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Dollar Falls and Gold Surges on Fed Rate Cut Expectations

Foreign Exchange & Fixed Income

Rich Asplund

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October 16, 2025

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Barchart

The dollar index (DXY00 ) on Thursday fell by -0.47% and posted a 1-week low. Dovish Fed comments weighed on the dollar Thursday after Fed Governor Christopher Waller said the Fed can keep lowering interest rates to support a faltering labor market. Also, Thursday’s economic news, which showed the October...

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