Dollar Tumbles and Gold Jumps as Powell Opens Door to Fed Rate Cuts
The dollar index (DXY00 ) today is down by -0.57%. The dollar fell from a 1.5-week high today and turned lower on dovish comments from Fed Chair Powell, who said downside risks to employment are rising and the shifting balance of risks may warrant adjusting monetary policy. Falling T-note yields...
Barchart ·