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Dollar set for worst week in 4 months on Fed cut bets
short by / on Friday, 28 November, 2025
The US dollar was heading for its worst weekly performance since late July on Friday as traders ramped up bets for further monetary easing from the Federal Reserve next month, while liquidity was thinned by the US Thanksgiving holiday. The dollar index, which measures the greenback's strength against a basket of six major peers, was last trading up 0.1% at 99.624.