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Dollar Sinks as Fed Rate Cut Expectations Increase

Foreign Exchange & Fixed Income

Rich Asplund

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August 22, 2025

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Barchart

The dollar index (DXY00 ) on Friday fell by -0.90%. The dollar retreated from a 1.5-week high on Friday and sank to a 3.5-week low on dovish comments from Fed Chair Powell, who said downside risks to employment are rising and the shifting balance of risks may warrant adjusting monetary...

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