USD Keeps Sliding After Fed as DXY Edges Toward 98.00
1. The US dollar continues its decline following the Fed’s latest signals, with the DXY now drifting close to the 98.00 mark.
2. Softer rate expectations are weighing on the currency, keeping downside pressure intact.
3. Traders are increasingly shifting toward risk assets, adding to the dollar’s weakness.
4. Market sentiment suggests the USD may stay under pressure unless upcoming data turns the tide.
Instrument: USD Index (DXY) | Sentiment: Negative
