🇺🇸 Today’s USD (US Dollar) Market News

1. Dollar under pressure due to expected Fed rate cut

The US Dollar is trading weaker today because markets expect the Federal Reserve might cut interest rates in the upcoming December meeting. When rate-cut expectations rise, the dollar usually becomes weaker.

2. USD recorded one of its weakest weeks recently

Reports show that the dollar has had one of its worst weekly performances in months as traders believe the Fed will ease monetary policy soon.

3. Global markets are cautious

Investors worldwide are waiting for two important things:

The December Fed meeting

The announcement of the next Federal Reserve Chair

Both of these can strongly affect the strength of the dollar.

4. If the Fed cuts rates

If the Federal Reserve actually cuts interest rates:

The USD may weaken further

Import costs may drop

Countries like Pakistan might see slight relief in exchange rates (short-term)

💱 What this means for you (USD → PKR)

When the USD is weak internationally, PKR may get a bit stronger.

When the USD rises, Pakistan imports get more expensive.

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