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Dollar Pressured by Expectations of a More Dovish Fed

Foreign Exchange & Fixed Income

Rich Asplund

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August 8, 2025

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Barchart

The dollar index (DXY00 ) on Friday fell by -0.20%. The dollar moved lower on Friday but remained above Thursday's 1.5-week low. The dollar was under pressure after President Trump late Thursday nominated Stephen Miran to be a temporary replacement for Adrianna Kugler as Fed Governor. Miran is currently chairman...

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