The U.S. dollar climbed to a three-month high as expectations for interest rate cuts diminished.
TechFlame
2025-11-04 13:04
TechFlame2025-11-04 13:04
English
TechFlame News, according to Jinshi, the U.S. Dollar Index (DXY) has climbed to a three-month high as market expectations for further immediate interest rate cuts by the U.S. have diminished. The Federal Reserve cut rates as expected last week, but Fed Chair Powell indicated that another rate cut in December is not a foregone conclusion. Analysts note that the ongoing government shutdown has resulted in a lack of official data, while the absence of new negative news has kept market volatility low and demand for the U.S. dollar remains strong.