Stocks cool, commodities stir
Yahoo Financeยท2025-09-24 21:03
But the dollar is hardly out of the woods. Its short-term technical outlook is dim, and a lightening of short positions in recent weeks suggests traders have scope to get bearish again. Bulls' best hope may be the number of implied Fed rate cuts this year in the rates futures curve falling to one from two.The dollar rose to a two-week high on Wednesday, clocking its biggest rise in three weeks. It is welcome respite for the battered currency, which last week traded at its weakest level against a basket of m ...