Low impact

The US Dollar Index fell below 102.00 as markets reassessed Fed rate expectations, FXStreet reports.

FirstSquawk10/20, 11:48 AM

Market impact

Which way this story pushes each asset. An inference from the story, not a measured move.

USD
Pushes down
DaysMedium confidence
Reassessed Fed rate expectations reduce the dollar's relative yield appeal
Gold
Pushes up
DaysMedium confidence
Softer Fed rate outlook can lower the opportunity cost of holding gold

What could change this

If incoming data reinforces expectations for a more restrictive Fed stance, the dollar's decline could reverse.

101.75+0.12%vs previous close

-0.04%

since this story

Measured from the price when this story was posted to the latest stored price, so it can lag the live price.

This story

10/19, 11:00 AMNow