US Dollar Forecast: DXY Index Drifts Lower on Fed Rate Cut Bets

25 February 2020 25 February 2020

BonTrade

The US Dollar extended lower after disappointing consumer confidence data encouraged forex traders to reiterate the recent runup in Fed rate cut bets amid festering coronavirus concerns.

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US Dollar Forecast: DXY Index Drifts Lower on Fed Rate Cut Bets

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Dow Jones, Nasdaq 100, S&amp;P 500 Extend Declines as Rout Deepens

British Pound, Euro, Yen Gain as US Dollar Weakens in Tense Session

Dow Jones, Nasdaq 100, S&P 500 Extend Declines as Rout Deepens