Dollar Dragged by Outsized Fed Cut Wagers

September 17, 2024, 05.09 PM
Dollar Dragged by Outsized Fed Cut Wagers

ILUSTRASI. The dollar traded near its lowest levels of the year on Tuesday.

Source: ReutersEditor: Wahyu T.Rahmawati

FOREX - LONDON. The dollar traded near its lowest levels of the year on Tuesday, on the eve of the expected start to a U.S. easing cycle that markets are betting may begin with an outsized rate cut.

The euro hovered around $1.1133 at 08:30 GMT, not far from the year's high of $1.1201.

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