2025-02-28 14:10
IndustryIncreased Dollar Selling by Central Banks
#FedRateCutAffectsDollarTrend
Increased Dollar Selling by Central Banks: In response to a Fed rate cut, foreign central banks may decide to diversify their foreign exchange reserves by reducing their holdings of U.S. dollars. This selling of dollars can increase the supply in the foreign exchange market, driving the value of the U.S. dollar lower.
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Increased Dollar Selling by Central Banks
United States | 2025-02-28 14:10#FedRateCutAffectsDollarTrend
Increased Dollar Selling by Central Banks: In response to a Fed rate cut, foreign central banks may decide to diversify their foreign exchange reserves by reducing their holdings of U.S. dollars. This selling of dollars can increase the supply in the foreign exchange market, driving the value of the U.S. dollar lower.
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