{"id":21709,"date":"2026-01-10T11:16:21","date_gmt":"2026-01-10T11:16:21","guid":{"rendered":"https:\/\/lotayamedia.xyz\/?p=21709"},"modified":"2026-01-10T11:16:21","modified_gmt":"2026-01-10T11:16:21","slug":"dxy-holds-near-98-50-ahead-of-fed-decision-rate-cut-bets-grow-as-weak-data-weighs-on-usd","status":"publish","type":"post","link":"https:\/\/lotayamedia.xyz\/?p=21709","title":{"rendered":"DXY Holds Near 98.50 Ahead of Fed Decision: Rate Cut Bets Grow as Weak Data Weighs on USD"},"content":{"rendered":"

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US Dollar Index Steady at 98.50 Ahead of Fed Policy Decision
\nThe US Dollar Index (DXY), tracking the greenback against six major currencies, hovered near 98.70 in Asian trading Wednesday as investors await the Federal Reserve\u2019s pivotal rate decision. Markets now price in:<\/p>\n

80% chance of a September rate cut (Reuters)<\/p>\n

Potential follow-up cut in October<\/p>\n

Fed expected to hold rates steady in June<\/p>\n

Key Factors Influencing the Dollar
\n1. Weak US Economic Data Pressures USD
\nTuesday\u2019s disappointing reports weighed on the dollar:<\/p>\n

Retail Sales fell 0.9% in May (vs. -0.7% forecast)<\/p>\n

Industrial Production dropped 0.2% (vs. +0.1% expected)<\/p>\n

2. Fed Rate Cut Expectations Grow
\nTraders will scrutinize the FOMC statement for clues on:<\/p>\n

Timing of potential rate cuts<\/p>\n

Fed\u2019s outlook on inflation and growth<\/p>\n

Impact of trade tensions and geopolitics<\/p>\n

3. Geopolitical Risks Support Safe-Haven Demand
\nOngoing Middle East tensions could bolster the USD:<\/p>\n

Israel-Iran conflict escalates<\/p>\n

Iran urges Gulf states to push for US ceasefire<\/p>\n

Trump demands Iran\u2019s “unconditional surrender”<\/p>\n

What\u2019s Next for the Dollar?
\nFed\u2019s dot plot & economic projections will shape USD outlook<\/p>\n

Weak data strengthens case for 2024 rate cuts<\/p>\n

Risk-off sentiment may counter dollar weakness<\/p>\n","protected":false},"excerpt":{"rendered":"

US Dollar Index Steady at 98.50 Ahead of Fed Policy Decision The US Dollar Index (DXY), tracking the greenback against …<\/p>\n","protected":false},"author":1,"featured_media":21704,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rank_math_title":"","rank_math_description":"","rank_math_focus_keyword":"","rank_math_keywords":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-21709","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=\/wp\/v2\/posts\/21709","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21709"}],"version-history":[{"count":1,"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=\/wp\/v2\/posts\/21709\/revisions"}],"predecessor-version":[{"id":21710,"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=\/wp\/v2\/posts\/21709\/revisions\/21710"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=\/wp\/v2\/media\/21704"}],"wp:attachment":[{"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}