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Dollar Retreats on Fed Rate Cut Expectations

Foreign Exchange & Fixed Income

Rich Asplund

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November 6, 2025

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Barchart

The dollar index (DXY00 ) is down today by -0.30%. The dollar is retreating today after a report from Challenger showed US job cuts in October surged +175% y/y by the most in 22 years, bolstering the outlook for the Fed to keep cutting interest rates. Also, the dollar is...

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