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News articleNasdaq· April 9, 2026

Dollar Slips on Weak US Economic News

View original at nasdaq.com
Dollar Slips on Weak US Economic News The dollar index (DXY00) is down by -0.24% today and just above Wednesday's 4-week low. Weaker-than-expected US economic news today is weighing on the dollar…
Opening lines of the source · Nasdaq · short snapshot — read the full document at the original

What we drew from this source

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  • FOMC expected to cut interest rates by at least 25 basis points in 2026

    60% confidence
  • BOJ expected to raise rates by at least 25 basis points in 2026

    60% confidence
  • ECB expected to raise rates by at least 25 basis points in 2026

    60% confidence
  • Persistently high oil prices will ultimately feed through to the prices of other products, and thus also to wage formation, which could amplify inflationary effects. In that case, the ECB will naturally intervene to keep inflation around 2% in the medium term.

    60% confidence

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