TODAY'S MARKET INTELLIGENCE
Geopolitical Easing and Lower Rate Hike Odds Drive DXY to Three-Day Slump; Economic Data Offers Mid-Term Support
English summary
The US Dollar Index fell to around 101.70 in Friday's Asian session, marking a third consecutive daily decline. Geopolitical easing in the Middle East and reduced odds of a Fed rate hike in December dampened safe-haven demand, while strong Q3 GDP and elevated core PCE provided fundamental support for the dollar.
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