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The dollar index DXY fell nearly 30 points in the short term and is now trading at 105.76.

The dollar index DXY fell nearly 30 points in the short term and is now trading at 105.76.

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Analyst Megan Leonhardt: A month of data is unlikely to change the Fed's interest rate outlook, especially given the weakness in the labor market. With inflation fading, the Fed has cut interest rates twice to ensure the job market remains stable.

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Traders increase bets on the Federal Reserve's December rate cut

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