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fxJul 3, 2026, 3:20 AM

US Dollar Index Slips to 100.80 as Traders Reassess Hawkish Fed Bets

The US Dollar Index (DXY) edged lower to near 100.80 during Asian trading as market participants reconsider their expectations for aggressive Federal Reserve tightening.

DXY

The US Dollar Index (DXY), which measures the greenback against six major currencies, moved marginally lower to around 100.80 in the Asian session. The decline reflects a shift in sentiment as traders pull back from previously hawkish bets on Fed policy.

Market participants are reassessing the likelihood of further aggressive rate hikes amid evolving economic data. The dollar index has been under pressure as expectations for tighter monetary policy moderate.

No additional details were provided in the initial report.

Source: FXStreet Forex News