The US Dollar Index (DXY) is moving at a pivotal moment, reflecting the interplay of three key factors: the Federal Reserve’s monetary tightening, rising US Treasury yields, and escalating geopolitical risks, particularly in the Middle East, said an industry expert.
The US Federal Reserve has likely made its last rate cut of 2025, and inflation can be expected to remain elevated while jobs data continues to deteriorate — conditions that point to the early stages of stagflation.
