*Walter Bloomberg|Nov 04, 2025 12:59
DOLLAR HITS THREE-MONTH HIGH AS RATE-CUT HOPES FADE
The U.S. dollar climbed to a three-month high, lifted by fading expectations of more Fed rate cuts. While the Fed eased policy last week, Chair Jerome Powell said another December cut isn’t guaranteed. Analysts at Monex Europe said the lack of new data amid the government shutdown is keeping volatility low and demand for the dollar strong. The DXY index rose to 100.17.(*Walter Bloomberg)
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