Analysts: Dollar falls as likelihood of Fed rate cut in November increases
XTB analyst Brooks stated that the decline in the US dollar is due to the increasing likelihood of a rate cut by the Federal Reserve in November, with a smaller possibility of maintaining the current interest rate. LSEG Refinitiv data shows that the probability of the Federal Reserve not cutting interest rates in November is only 5%, lower than the previous 12%. At the same time, opinion polls show that the competition for the November US presidential election is very intense. She said that the lack of a clear election result will hit sentiment, drag down economic growth, and may lead to more rate cuts.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
[Initial Listing] Bitget Will List PrompTale AI (TALE). Come and grab a share of 3,480,000 TALE
New spot margin trading pair — LA/USDT!
AINUSDT now launched for futures trading and trading bots
Bitget releases June 2025 Protection Fund Valuation Report
Trending news
MoreCrypto prices
More








