US Dollar Slides and Gold Rallies to a Record High on Fed Easing Prospects | Metals Mine

  • US Dollar Slides and Gold Rallies to a Record High on Fed Easing Prospects

    From barchart.com

    The dollar index (DXY00) on Monday fell by -0.27%. The dollar was under pressure on Monday as the Fed is expected to cut the fed funds target range by -25 bp at the conclusion of the Tue/Wed FOMC meeting. Also, Monday's rally in the S&P to a new record high has dampened liquidity demand for the dollar. In addition, increased expectations for Fed easing through year-end are bearish for the dollar. The dollar added to its losses Monday after the US Sep Empire manufacturing survey of general business conditions fell more than expected to a three-month low. The dollar is also being undercut by concerns over Fed ... (full story)

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rosy440
Sep 15, 2025 6:50pm
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Investors have good confidence that the market growth will continue. The probability of a recession on Polymarket is estimated at only 11% (with a low of 7% on September 5). At the same time, rhetoric about a significant deterioration in the economy is already starting to appear from investment banks. For example, the chief market strategist of investment bank Jefferies said that he sees a 0.50 basis point cut as effective, (https://seekingalpha.com/news/449376...point-rate-cut) but there is every reason to cut by 0.75 basis points.
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