💵 Investors Flee the US Dollar Amid Fed Rate Hike End Expectations 📉
The Dollar Index (DXY) has dropped nearly 3% in November, heading for its worst monthly performance in over a year.
Asset managers are selling off 1.6% of their open dollar positions this month — the largest monthly outflow since November 2022.
This trend is driven by growing belief that the Federal Reserve’s rate hike cycle is ending, prompting investors to rotate out of the dollar.
🌍 What this means:
Potential strengthening of other currencies and assets
Shifts in global capital flows
Possible impact on crypto and commodity markets
Stay tuned for more updates as the macroeconomic landscape evolves.
#USD #DXY #FedRateHike #MacroMarkets #CurrencyFlows #CryptoImpact #BinanceSquare
