Dollar bears eye shifts in global yields
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NewsTranscript
00:00Traders are adjusting their strategies as the U.S. dollar declines, influenced by global
00:06economic conditions and rate cuts from central banks.
00:09In Q3 2024, the U.S. dollar index fell 4.8%, its worst quarterly performance in nearly
00:16two years, following a significant interest rate cut by the Fed.
00:21Net bets against the dollar have risen to $14.1 billion, the highest in a year, but
00:27the strong U.S. economy could complicate predictions.