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US Dollar Gains and Gold Plunges as Fed Rate Cut Expectations Fall
The dollar index (DXY00) rose by +0.13% on Friday as it recovered from Thursday’s 2-week low. The dollar moved higher on Friday, following hawkish comments from Kansas City Fed President Jeff Schmid and Dallas Fed President Lorie Logan, who argued against additional Fed rate cuts. The dollar fell back from its best level on Friday after stocks rebounded from early losses, reducing liquidity demand for the dollar. The dollar also has carryover support from Thursday, when several Fed presidents said they favored keeping interest rates steady, knocking the chances of a Fed rate cut at next month’s FOMC meeting down ... (full story)
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Gold (XAUUSD) trades on the back foot on Friday as bulls struggle to hold early gains amid mixed market sentiment. At the time of writing, XAU/USD is trading around $4,100, down nearly 1.5%, after sliding to $4,032 earlier in the day Relief over the end of the US government shutdown has eased some of Gold’s safe-haven appeal. At the same time, a run of ...
From raymondjames.com | Nov 14, 2025
We were in the camp that the Federal Reserve (Fed) should have reduced interest rates during the first half of the year, taking advantage of the underlying disinflationary path during that period. Furthermore, we think the disinflationary path is still in motion today and will continue during the next several quarters, helped by a continuous slowdown in ...
