USDX News & Analysis Today

US Dollar Weakens After Fed Rate Cut to 4.25% — Euro and Pound Gain, Yen Under Pressure

United States of America.The U.S. dollar is losing ground against the euro and the pound on the Forex market, while showing positive dynamics against the yen.
AUD/USD Forecast: Australian Dollar Holds Gains as All 13 Sectors Grow in July

Within its broader uptrend, the AUD/USD pair is consolidating near 0.6610, supported by upbeat Australian data.
USDX Forecast — Dollar Index Holds Near 98.50 Before Fed Beige Book and Jobs Data

During the Asian session, the U.S. Dollar Index (USDX), which tracks the greenback against a basket of major currencies, consolidated near yesterday’s highs. Market sentiment remains neutral as traders await key U.S. macro data that will shape the Federal Reserve’s policy path at the September 17 FOMC meeting.