The US dollar index (DXY) briefly broke through the 100 mark, reaching a three-month high. Overnight ISM data showed that US manufacturing activity contracted for the eighth consecutive month, but the prospect of a December rate cut remains uncertain

2025-11-04

The US dollar index (DXY) briefly broke through the 100 mark, reaching a three-month high. Overnight ISM data showed that US manufacturing activity contracted for the eighth consecutive month, but the prospect of a December rate cut remains uncertain. While Milan is pushing for a rate cut, Goolsby and Cook continue to express caution… What will the market sentiment be like? Welcome to visit and subscribe to the “Database - Gain Capital Market Barometer” (data updated every 10 minutes).