So, what will make the U.S. dollar index go back down? Well, there are a number of factors, but one is easing monetary policy by the FOMC, which means interest rate cuts. While more cuts are expected, the inflation part of the equation is not helping. The jobs market has become a major focus for the Federal Reserve given inflation has moderated, but now declining corporate earnings and uncertainty before the election have resulted in companies shedding employees.
Brady Sidwell is a journalist who focuses on local news and market analysis in Enid, Oklahoma. He writes for the Enid News & Eagle and Barchart, providing insights and updates on various topics such as market trends, agricultural reports, and seasonal changes.