US Edition
Dollar Slips Further as Anticipation Mounts of Fed Interest Rate Cut
Political pressure mounts on the Federal Reserve amid tariff-driven inflation concerns and slowing labor market; markets price in over 90% chance of a September rate cut, CME FedWatch shows.
- Market analysts and traders now assign over a 90% probability that the US Federal Reserve will cut interest rates at its September 16–17 meeting.
- This expectation arises amid weakening US labor data, persistent political pressure including calls by Treasury Secretary Scott Bessent for a series of cuts, and significant downward revisions of past economic figures.
- The US dollar has weakened for several sessions, with the dollar index falling to its lowest since late July, while Asian currencies like the Thai baht have strengthened amid heavy dollar selling and expectations of Fed easing.
- Bitcoin has surged to record highs above $124,000, driven by anticipation of Fed easing and rising institutional cryptocurrency investment, reflecting broader market nervousness about economic volatility.
- These developments suggest a volatile second half of 2025 marked by slowing US growth, potential tariff escalations, and significant shifts in monetary policy that will critically influence global market stability.
14 Articles
14 Articles
Analysts expect baht to test 32 as US dollar weakens further
The baht could appreciate to test 32 to the US dollar or strengthen even further, as the greenback is set to weaken further amid mounting pressure on the Federal Reserve to cut the US interest rate at its September meeting, according to analysts.
Dollar's Decline and Bitcoin's Rise Amid Fed Rate Speculations
Dollar's Decline and Bitcoin's Rise Amid Fed Rate Speculations The U.S. dollar reached multi-week lows against major currencies on Thursday as traders bet heavily on the Federal Reserve cutting interest rates next month. The anticipation of Fed easing coupled with increasing institutional cryptocurrency investment has driven Bitcoin to new record highs.Meanwhile, Australia's dollar strengthened on the back of a surprisingly robust labor market. …
Dollar slips further as anticipation mounts of Fed interest rate cut
NEW YORK :The dollar slipped for a second straight session on Wednesday, a day after a U.S. inflation reading increased expectations of a Federal Reserve rate cut next month and renewed pressure from President Donald Trump for lower rates added to the sell-off.The dollar index, measuring the currency against
The national currency began the session with an appreciation of 0.03 percent, or 0.5 cents, listing around 18.59 pesos per dollar, with the exchange rate reaching a maximum of 18.61, as well as a new minimum of 18.51 pesos per dollar in the international Forex market. Gabriela Siller, director of economic analysis at Grupo Financiero Base, said it was a behavior not seen since August 1, 2024. The appreciation of the peso goes along with a weaken…
Trump’s Pressure Mounts. Fed Cornered. Will Dollar Weaken Further? - Action Forex
July’s US inflation data came in line with expectations for headline CPI and slightly higher on the core measure, but markets interpreted the release as supportive of a more accommodative Federal Reserve. On 12 August, Wall Street indices closed the session with notable gains, reflecting increased investor optimism over the economic outlook and interest rate prospects. The US dollar weakened against major currencies, while US Treasury yields dec…
Thursday's trading starts with a favorable international backdrop for the forint, as the weakening dollar and expectations of a Fed rate cut support emerging market currencies. USD/HUF is near the 337 level, while EUR/HUF is still around 395, and the domestic interest rate level strengthens the attractiveness of the carry trade. During the day, the industrial and construction data of the Central Bank of Hungary and the balance of payments of the…
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