Dollar DXY update

Last week, the story was about the US Federal Reserve seeming more cautious about raising interest rates than people expected, which was dovish.

If you didn't read the previous note of Friday, July 14, please do

🚨 Forex US Dollar Update DXY
Yesterday (Thursday) was a big day for money markets. The US dollar took a bit of a hit as it dropped below the 100 mark on the DXY index. It wasn’t just the DXY that was affected. Many other currency pairs also experienced some significant shifts, hitting certain “key

This week, however, there have been signs that the central banks in other major economies are also acting cautiously.