US dollar falls even further after Fed Minutes underscore looming cuts ...Middle East

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US dollar falls even further after Fed Minutes underscore looming cuts
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The dollar is one one of its worst stretches in years as steady selling sends it to the lows of the year on many fronts.Since the FOMC Minutes, the dollar is down rough 15 pips across the board as the comments in the report suggest a strong consensus on cutting rates.Dollar selling has turned into a real momentum trade aside from the strong blip higher after retail sales. The market is arguing that the period of US outperformance may be coming to an end. I wonder if politics isn't a factor in light if Harris' improved chances. Even in defeat that could be enough to win the House and lead to gridlock. Conversely, Harris could win and Republicans control the Senate (there is a very high likeli

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