US Dollar Index struggles above 98 as investors expect more rate cuts in 2026 than Fed.US Dollar Index struggles above 98 as investors expect more rate cuts in 2026 than Fed
Japanese Yen edges lower vs USD; BoJ-Fed policy divergence to limit deeper losses.Japanese Yen edges lower vs USD; BoJ-Fed policy divergence to limit deeper losses
Wobbly dollar may offer fleeting relief to rupee, outflows remain pain point.The Indian rupee is expected to open modestly stronger on Friday, supported by a weaker dollar, though traders warn the relief may be short-lived as persistent merchant and portfolio outflows keep pressure on the currency.
Dollar staggers to third straight weekly drop as investors ponder Fed outlook .The U.S. dollar headed for its third straight weekly drop on Friday, hurt by the prospect of rate cuts next year after the Federal Reserve pushed back against hawkish market bets, lifting the euro and sterling to their highest since October.