October 3, 2024

The U.S. dollar is weakening ahead of Fed rate cut. This will determine what happens next.

 The U.S. dollar is weakening ahead of Fed rate cut. This will determine what happens next.

The U.S. dollar is weakening ahead of Fed rate cut. This will determine what happens next.

The U.S. dollar has been sliding in the run-up to a widely expected interest-rate cut from the Federal Reserve on Wednesday and, depending on the size of the Fed’s move, it could end up weakening further — or it may be a buying opportunity.