🚨 Dollar on the Edge — Global Currencies Strike Back!
The U.S. Dollar Index is sliding fast after Jerome Powell hinted at imminent rate cuts, shaking investor confidence and sparking fears of a global currency reset. With markets now pricing in October and December cuts, the pressure is mounting — the Yen and Aussie are gaining ground, while China’s yuan just strengthened for the first time since November, signaling a clear challenge to dollar dominance. $TRUMP drops -2.4% to 5.959, as traders brace for what could be the start of a rate cut storm and a major liquidity rotation.