US Dollar Weakness:
Expectations of Federal Reserve (Fed) interest rate cuts put downward pressure on the US dollar. When markets anticipate lower interest rates, it generally makes the currency less attractive to investors.
Economic data, such as weaker-than-expected US employment figures, can reinforce these expectations and further weaken the dollar.
Also, concerns about US trade tarrifs, and the potential negative effects they bring to the US economy, also has a weakening effect on the USD.
Expectations of Federal Reserve (Fed) interest rate cuts put downward pressure on the US dollar. When markets anticipate lower interest rates, it generally makes the currency less attractive to investors.
Economic data, such as weaker-than-expected US employment figures, can reinforce these expectations and further weaken the dollar.
Also, concerns about US trade tarrifs, and the potential negative effects they bring to the US economy, also has a weakening effect on the USD.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.