Aug 15, 2025
US Dollar Index drifts lower to near 98.00 ahead of US PPI data
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a softer note near 98.15 during the Asian trading hours on Friday. Expectations that the Federal Reserve (Fed) will cut rates in September weigh on the DXY.
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