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Dollar Weakens on Dovish Fed Comments

Foreign Exchange & Fixed Income

Rich Asplund

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August 6, 2025

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Barchart

The dollar index (DXY00 ) today is down by -0.37% at a 1-week low. Hawkish comments today from ECB Governing Council member Holzmann boosted EUR/USD to a 1-week high and undercut the dollar when he said he sees no need for the ECB to cut interest rates further. The dollar...

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