Dollar Retreats and Precious Metals Rally
Yahoo Finance·2026-02-04 04:28

The markets are discounting the odds at 9% for a -25 bp rate cut at the next policy meeting on March 17-18.The dollar sank to a 4-year low last Tuesday when President Trump said he’s comfortable with the recent weakness in the dollar. Also, the dollar remains under pressure as foreign investors pull capital from the US amid a growing budget deficit, fiscal profligacy, and widening political polarization.Richmond Fed President Tom Barkin said today that the US economic outlook is improving as uncertainty fad ...

Dollar Retreats and Precious Metals Rally - Reportify