FED CUTS COULD PRESSURE DOLLAR
ING’s Chris Turner said Fed rate cuts would likely weaken the dollar by lowering funding costs and driving more hedging against depreciation. Markets see a 93% chance of a 25bp cut on Sept. 17, with 71bps priced by end-2025 and 142bps by end-2026. The DXY index is up 0.1% at 97.669.The copyright of this article belongs to the original author/organization.
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