Reported about 6 hours ago
The dollar fell on Monday as investors prepared for the Federal Reserve's expected interest rate cuts during its upcoming meeting, influenced by President Trump's calls for more aggressive monetary easing. Trading suggests a strong likelihood of a 25 basis point cut, while the dollar index decreased to a six-day low. Despite recent stabilization, the overall sentiment remains bearish toward the dollar, with investors keenly analyzing Fed projections and guidance.
Source: YAHOO