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Dollar Recovers on Hawkish Fed Comments

Foreign Exchange & Fixed Income

Rich Asplund

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October 2, 2025

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Barchart

The dollar index (DXY00 ) recovered from early losses on Thursday and finished up by +0.11%. Hawkish Fed comments on Thursday sparked short covering in the dollar after Dallas Fed President Lorie Logan and Chicago Fed President Austan Goolsbee said the Fed should be wary about additional interest rate cuts....

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