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Dollar Slides and Gold Rallies to a Record High on Fed Easing Prospects

Foreign Exchange & Fixed Income

Rich Asplund

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September 15, 2025

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Barchart

The dollar index (DXY00 ) on Monday fell by -0.27%. The dollar was under pressure on Monday as the Fed is expected to cut the fed funds target range by -25 bp at the conclusion of the Tue/Wed FOMC meeting. Also, Monday's rally in the S&P to a new record...

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