Thursday, 30 Oct 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • VIDEO
  • House
  • White
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Season
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Economy > Dollar Falls and Gold Rallies to a Record High on Fed Easing Prospects
Economy

Dollar Falls and Gold Rallies to a Record High on Fed Easing Prospects

Last updated: October 1, 2025 8:51 pm
Share
Dollar Falls and Gold Rallies to a Record High on Fed Easing Prospects
SHARE

The dollar index (DXY00) experienced a decline of -0.22% on Monday, reflecting a loss of traction for the US currency. This downturn was fueled by growing concerns about weak labor market indicators expected to be released this week. Key reports, including the August JOLTS job openings, September ADP employment change, and September nonfarm payrolls, are anticipated to lead the Federal Reserve towards further interest rate reductions. Additionally, the risk of a US government shutdown, which is looming with a Wednesday deadline, is also dampening investor sentiment towards the dollar. Nevertheless, the dollar managed to recover slightly from its lowest point after a surprising increase in pending home sales in August, which rose by more than anticipated – marking the most significant growth in five months.

Specifically, pending home sales in the US for August rose by +4.0% month-over-month, a substantial increase compared to the expected rise of just +0.4% month-over-month.

  • Dollar Drops on Anticipated Weak US Labor Data

  • Stay Updated with Barchart Brief – Your Free Newsletter

In other economic indicators, the US September Dallas Fed manufacturing activity survey unexpectedly decreased by -6.9, falling to -8.7, contrary to forecasts that predicted a minor recovery to -1.0.

Comments from Fed officials on Monday provided mixed signals for the dollar. New York Fed President John Williams noted a reduction in inflation risks while highlighting escalating employment concerns, suggesting that it may be prudent for the Fed to lower interest rates. In contrast, Cleveland Fed President Beth Hammack emphasized that inflation will not likely return to the Fed’s 2% target until late 2027 or early 2028, advocating for a sustained restrictive monetary policy.

See also  Record Study Connects Hundreds of Genetic Markers With OCD : ScienceAlert

Market participants are currently pricing in an 89% probability of a -25 basis point rate cut in the upcoming FOMC meeting scheduled for October 28-29.

Moreover, the EUR/USD exchange rate (^EURUSD) rose by +0.23% on Monday, primarily driven by the dollar’s weakness. Enhanced economic data also supported the euro; notably, the Eurozone’s September economic confidence index saw an unexpected increase. Additionally, hawkish remarks from ECB Governing Council member Makhlouf further bolstered the euro, indicating that the European Central Bank (ECB) is reaching the conclusion of its rate-cutting cycle.

In particular, the Eurozone’s economic confidence index for September edged up +0.2 to 95.5, surpassing expectations which had anticipated a score of 95.3.

Makhlouf reiterated that the ECB is “near the bottom” of its rate-cutting cycle, stressing the need for vigilance as the full implications of US tariffs have yet to fully impact EU imports.

This rewritten article has maintained the structure and significance of the original content while ensuring the language and presentation are unique and suitable for a WordPress platform.

TAGGED:DollareasingFallsFedGoldHighprospectsRalliesrecord
Share This Article
Twitter Email Copy Link Print
Previous Article Lauren Jauregui Has 1 Word for Shocking DWTS Elimination Lauren Jauregui Has 1 Word for Shocking DWTS Elimination
Next Article Nicole Kidman Files for Divorce from Keith Urban, She Gets Primary Custody Nicole Kidman Files for Divorce from Keith Urban, She Gets Primary Custody
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

COVID-19 rates oscillate every six months in the US, new study shows

The latest research published in Scientific Reports has revealed a unique pattern in the spread…

September 23, 2024

Sketching the Ubiquitous Face of Luigi Mangione

The courtroom sketch artist, Jane Rosenberg, had a daunting task ahead of her as she…

December 21, 2024

Should You Be Worried About Aspartame? Here’s What The Research Says : ScienceAlert

The Controversy Surrounding Aspartame: A Comprehensive Analysis Sugar – sweet, satisfying, and everywhere. From fresh…

May 7, 2025

Meta CTO explains why the smart glasses demos failed at Meta Connect — and it wasn’t the Wi-Fi

Meta's chief technology officer, Andrew Bosworth, recently took to his Instagram to provide a more…

September 19, 2025

Westbound & Down Brewing wants you to become an investor

Westbound & Down Brewing in Lafayette, Colorado is taking a different approach with its crowdfunding…

May 1, 2025

You Might Also Like

Adidas North America sales hit by weak dollar, CEO says tariff impact still unclear
Economy

Adidas North America sales hit by weak dollar, CEO says tariff impact still unclear

October 30, 2025
100 Interesting Writing Prompts for High School
Education

100 Interesting Writing Prompts for High School

October 30, 2025
Oil steadies as US-China meeting comes into focus
Economy

Oil steadies as US-China meeting comes into focus

October 30, 2025
Undiscovered AI Stock Delivers Staggering Returns, Outperforming Tech Titans
Economy

Undiscovered AI Stock Delivers Staggering Returns, Outperforming Tech Titans

October 30, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?