The US Dollar (DXY) continues its slide as Federal Reserve rate cut bets hold steady following the release of US PCE and University of Michigan consumer sentiment data. Analysts say the real market volatility will come from the Fed's 2026 economic projections, specifically the forecast for the number of rate cuts. Learn what the data showed and what to watch out for in the upcoming Fed meeting.
05-12-2025 16:00 GMT
by Zain Vawda