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Dollar Gains and Gold Falls on Hawkish Fed Comments

Foreign Exchange & Fixed Income

Rich Asplund

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October 31, 2025

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Barchart

The dollar index (DXY00 ) on Friday rose by +0.27% and posted a fresh 2.75-month high. Hawkish comments on Friday from Kansas City Fed President Jeff Schmid, Dallas Fed President Lorie Logan, and Cleveland Fed President Beth Hammack were supportive of the dollar when they cited reasons for opposing Fed...

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