{"id":51140,"date":"2026-03-05T15:30:45","date_gmt":"2026-03-05T15:30:45","guid":{"rendered":"https:\/\/xlence-com.wp-dev.int.theitops.net\/news-analysis\/us-dollar-index-hovers-around-99-50-as-fed-rate-cut-odds-diminish\/"},"modified":"2026-03-05T15:30:45","modified_gmt":"2026-03-05T15:30:45","slug":"us-dollar-index-hovers-around-99-50-as-fed-rate-cut-odds-diminish","status":"publish","type":"news_analysis","link":"https:\/\/www.xlence.com\/ko\/news-analysis\/us-dollar-index-hovers-around-99-50-as-fed-rate-cut-odds-diminish\/","title":{"rendered":"US Dollar Index hovers around 99.50 as Fed rate cut odds diminish"},"content":{"rendered":"<ul>\n<li value=\"1\"><strong>The US Dollar Index moves little amid diminishing likelihood of Fed rate cuts.<\/strong><\/li>\n<li value=\"2\"><strong>The CME FedWatch Tool indicates a 49% odds for a 25-basis-point Fed rate cut in December.<\/strong><\/li>\n<li value=\"3\"><strong>Traders await the September Nonfarm Payrolls report due Thursday, seeking fresh guidance on Fed outlook.<\/strong><\/li>\n<\/ul>\n<p>The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding ground after a three-day winning streak and trading around 99.60 during the European hours on Wednesday. However, the Greenback may regain its ground due to the diminishing likelihood of a US Federal Reserve (Fed) rate cut in December. <\/p>\n<p>The CME FedWatch Tool indicated that markets are now pricing in a 49% odds of the Fed delivering a 25-basis-point rate cut at its December meeting, down from 63% probability that markets priced a week ago.<\/p>\n<p>Traders will likely observe the highly anticipated September Nonfarm Payrolls data due on Thursday, to gain fresh impetus on Fed policy outlook. US Initial Jobless Claims showed on Tuesday that 232,000 people filed first-time claims for state unemployment insurance in the week ended October 18. Meanwhile, an Automatic Data Processing (ADP) report showed that employers cut 2,500 jobs a week on average during the four weeks ending November 1.  <\/p>\n<p>Richmond Fed President Thomas Barkin said on Tuesday that the labor market appears more balanced, with firms reporting improved worker availability and recent layoffs signalling the need for caution. Barkin noted inflation doesn\u2019t seem to be rising, but it\u2019s also unclear whether it will return to the Fed\u2019s 2% target. He highlighted that, without more decisive data, it remains difficult to reach a broad policy consensus.  <\/p>\n<p>US President Donald Trump said in an Oval Office interview on Tuesday that he \u201cwould love\u201d to remove Fed Chair Jerome Powell immediately. Trump added that he already has a preferred candidate in mind for the position, noting that there are \u201csome surprising names\u201d under consideration, though the administration may ultimately choose a more traditional option. <\/p>\n<div class=\"post-module\">\n<div id=\"content-module-faq-Forex-usd-703\" data-type=\"faq\" data-module=\"faq\" data-config-topic=\"usd\" data-config-category=\"Forex\" data-version=\"v1\" data-content-module-translate=\"0\">\n<div class=\"fxs-faq-module-wrapper\">\n<h2 class=\"fxs-faq-module-title\">US Dollar FAQs<\/h2>\n<div class=\"fxs-faq-module-container\"><input id=\"content-module-faq-Forex-usd-703accordion0\" checked type=\"checkbox\"><\/p>\n<section class=\"fxs-faq-module-section\">\n<h3 class=\"fxs-faq-module-header\"><label for=\"content-module-faq-Forex-usd-703accordion0\"><br \/>\nWhat is the US Dollar?<br \/>\n<\/label><\/h3>\n<p class=\"fxs-faq-module-content\">The US Dollar (USD) is the official currency of the United States of America, and the \u2018de facto\u2019 currency of a significant number of other countries where it is found in circulation alongside local notes. It is the most heavily traded currency in the world, accounting for over 88% of all global foreign exchange turnover, or an average of $6.6 trillion in transactions per day, according to data from 2022.<br \/>\nFollowing the second world war, the USD took over from the British Pound as the world\u2019s reserve currency. For most of its history, the US Dollar was backed by Gold, until the Bretton Woods Agreement in 1971 when the Gold Standard went away.  <\/p>\n<\/section>\n<p><input id=\"content-module-faq-Forex-usd-703accordion1\" type=\"checkbox\"><\/p>\n<section class=\"fxs-faq-module-section\">\n<h3 class=\"fxs-faq-module-header\"><label for=\"content-module-faq-Forex-usd-703accordion1\"><br \/>\nHow do the decisions of the Federal Reserve impact the US Dollar?<br \/>\n<\/label><\/h3>\n<p class=\"fxs-faq-module-content\">The most important single factor impacting on the value of the US Dollar is monetary policy, which is shaped by the Federal Reserve (Fed). The Fed has two mandates: to achieve price stability (control inflation) and foster full employment. Its primary tool to achieve these two goals is by adjusting interest rates.<br \/>\nWhen prices are rising too quickly and inflation is above the Fed\u2019s 2% target, the Fed will raise rates, which helps the USD value. When inflation falls below 2% or the Unemployment Rate is too high, the Fed may lower interest rates, which weighs on the Greenback.   <\/p>\n<\/section>\n<p><input id=\"content-module-faq-Forex-usd-703accordion2\" type=\"checkbox\"><\/p>\n<section class=\"fxs-faq-module-section\">\n<h3 class=\"fxs-faq-module-header\"><label for=\"content-module-faq-Forex-usd-703accordion2\"><br \/>\nWhat is Quantitative Easing and how does it influence the US Dollar?<br \/>\n<\/label><\/h3>\n<p class=\"fxs-faq-module-content\">In extreme situations, the Federal Reserve can also print more Dollars and enact quantitative easing (QE). QE is the process by which the Fed substantially increases the flow of credit in a stuck financial system.<br \/>\nIt is a non-standard policy measure used when credit has dried up because banks will not lend to each other (out of the fear of counterparty default). It is a last resort when simply lowering interest rates is unlikely to achieve the necessary result. It was the Fed\u2019s weapon of choice to combat the credit crunch that occurred during the Great Financial Crisis in 2008. It involves the Fed printing more Dollars and using them to buy US government bonds predominantly from financial institutions. QE usually leads to a weaker US Dollar.     <\/p>\n<\/section>\n<p><input id=\"content-module-faq-Forex-usd-703accordion3\" type=\"checkbox\"><\/p>\n<section class=\"fxs-faq-module-section\">\n<h3 class=\"fxs-faq-module-header\"><label for=\"content-module-faq-Forex-usd-703accordion3\"><br \/>\nWhat is Quantitative Tightening and how does it influence the US Dollar?<br \/>\n<\/label><\/h3>\n<p class=\"fxs-faq-module-content\">Quantitative tightening (QT) is the reverse process whereby the Federal Reserve stops buying bonds from financial institutions and does not reinvest the principal from the bonds it holds maturing in new purchases. It is usually positive for the US Dollar. <\/p>\n<\/section>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding ground after a three-day winning streak and trading around 99.60 during the European hours on Wednesday.<\/p>\n","protected":false},"author":2,"featured_media":51141,"template":"","news_category":[179],"class_list":["post-51140","news_analysis","type-news_analysis","status-publish","has-post-thumbnail","hentry","news_category-latest-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>US Dollar Index Holds Near 99.50 as Fed Cut Odds Fade<\/title>\n<meta name=\"description\" content=\"US Dollar Index hovers near 99.50 as Fed rate cut expectations decline, with markets awaiting the US Nonfarm Payrolls report.\" \/>\n<meta name=\"robots\" content=\"noindex, nofollow\" \/>\n<meta property=\"og:locale\" content=\"ko_KR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US Dollar Index hovers around 99.50 as Fed rate cut odds diminish\" \/>\n<meta property=\"og:description\" content=\"US Dollar Index hovers near 99.50 as Fed rate cut expectations decline, with markets awaiting the US Nonfarm Payrolls report.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.xlence.com\/ko\/news-analysis\/us-dollar-index-hovers-around-99-50-as-fed-rate-cut-odds-diminish\/\" \/>\n<meta property=\"og:site_name\" content=\"Xlence\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.xlence.com\/wp-content\/uploads\/2025\/11\/DXY-neutral-object_Medium.png\" \/>\n\t<meta property=\"og:image:width\" content=\"645\" \/>\n\t<meta property=\"og:image:height\" content=\"323\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"\uc608\uc0c1 \ub418\ub294 \ud310\ub3c5 \uc2dc\uac04\" \/>\n\t<meta name=\"twitter:data1\" content=\"4\ubd84\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.xlence.com\\\/ko\\\/news-analysis\\\/us-dollar-index-hovers-around-99-50-as-fed-rate-cut-odds-diminish\\\/\",\"url\":\"https:\\\/\\\/www.xlence.com\\\/ko\\\/news-analysis\\\/us-dollar-index-hovers-around-99-50-as-fed-rate-cut-odds-diminish\\\/\",\"name\":\"US Dollar Index Holds Near 99.50 as Fed Cut Odds Fade\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.xlence.com\\\/ko\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.xlence.com\\\/ko\\\/news-analysis\\\/us-dollar-index-hovers-around-99-50-as-fed-rate-cut-odds-diminish\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.xlence.com\\\/ko\\\/news-analysis\\\/us-dollar-index-hovers-around-99-50-as-fed-rate-cut-odds-diminish\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.xlence.com\\\/wp-content\\\/uploads\\\/2025\\\/11\\\/DXY-neutral-object_Medium.png\",\"datePublished\":\"2026-03-05T15:30:45+00:00\",\"description\":\"US Dollar Index hovers near 99.50 as Fed rate cut expectations decline, with markets awaiting the US Nonfarm Payrolls report.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.xlence.com\\\/ko\\\/news-analysis\\\/us-dollar-index-hovers-around-99-50-as-fed-rate-cut-odds-diminish\\\/#breadcrumb\"},\"inLanguage\":\"ko-KR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.xlence.com\\\/ko\\\/news-analysis\\\/us-dollar-index-hovers-around-99-50-as-fed-rate-cut-odds-diminish\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"ko-KR\",\"@id\":\"https:\\\/\\\/www.xlence.com\\\/ko\\\/news-analysis\\\/us-dollar-index-hovers-around-99-50-as-fed-rate-cut-odds-diminish\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.xlence.com\\\/wp-content\\\/uploads\\\/2025\\\/11\\\/DXY-neutral-object_Medium.png\",\"contentUrl\":\"https:\\\/\\\/www.xlence.com\\\/wp-content\\\/uploads\\\/2025\\\/11\\\/DXY-neutral-object_Medium.png\",\"width\":645,\"height\":323,\"caption\":\"US Dollar Index hovers around 99.50 as Fed rate cut odds diminish\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.xlence.com\\\/ko\\\/news-analysis\\\/us-dollar-index-hovers-around-99-50-as-fed-rate-cut-odds-diminish\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.xlence.com\\\/ko\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"US Dollar Index hovers around 99.50 as Fed rate cut odds diminish\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.xlence.com\\\/ko\\\/#website\",\"url\":\"https:\\\/\\\/www.xlence.com\\\/ko\\\/\",\"name\":\"Xlence\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.xlence.com\\\/ko\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"ko-KR\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"US Dollar Index Holds Near 99.50 as Fed Cut Odds Fade","description":"US Dollar Index hovers near 99.50 as Fed rate cut expectations decline, with markets awaiting the US Nonfarm Payrolls report.","robots":{"index":"noindex","follow":"nofollow"},"og_locale":"ko_KR","og_type":"article","og_title":"US Dollar Index hovers around 99.50 as Fed rate cut odds diminish","og_description":"US Dollar Index hovers near 99.50 as Fed rate cut expectations decline, with markets awaiting the US Nonfarm Payrolls report.","og_url":"https:\/\/www.xlence.com\/ko\/news-analysis\/us-dollar-index-hovers-around-99-50-as-fed-rate-cut-odds-diminish\/","og_site_name":"Xlence","og_image":[{"width":645,"height":323,"url":"https:\/\/www.xlence.com\/wp-content\/uploads\/2025\/11\/DXY-neutral-object_Medium.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_misc":{"\uc608\uc0c1 \ub418\ub294 \ud310\ub3c5 \uc2dc\uac04":"4\ubd84"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.xlence.com\/ko\/news-analysis\/us-dollar-index-hovers-around-99-50-as-fed-rate-cut-odds-diminish\/","url":"https:\/\/www.xlence.com\/ko\/news-analysis\/us-dollar-index-hovers-around-99-50-as-fed-rate-cut-odds-diminish\/","name":"US Dollar Index Holds Near 99.50 as Fed Cut Odds Fade","isPartOf":{"@id":"https:\/\/www.xlence.com\/ko\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.xlence.com\/ko\/news-analysis\/us-dollar-index-hovers-around-99-50-as-fed-rate-cut-odds-diminish\/#primaryimage"},"image":{"@id":"https:\/\/www.xlence.com\/ko\/news-analysis\/us-dollar-index-hovers-around-99-50-as-fed-rate-cut-odds-diminish\/#primaryimage"},"thumbnailUrl":"https:\/\/www.xlence.com\/wp-content\/uploads\/2025\/11\/DXY-neutral-object_Medium.png","datePublished":"2026-03-05T15:30:45+00:00","description":"US Dollar Index hovers near 99.50 as Fed rate cut expectations decline, with markets awaiting the US Nonfarm Payrolls report.","breadcrumb":{"@id":"https:\/\/www.xlence.com\/ko\/news-analysis\/us-dollar-index-hovers-around-99-50-as-fed-rate-cut-odds-diminish\/#breadcrumb"},"inLanguage":"ko-KR","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.xlence.com\/ko\/news-analysis\/us-dollar-index-hovers-around-99-50-as-fed-rate-cut-odds-diminish\/"]}]},{"@type":"ImageObject","inLanguage":"ko-KR","@id":"https:\/\/www.xlence.com\/ko\/news-analysis\/us-dollar-index-hovers-around-99-50-as-fed-rate-cut-odds-diminish\/#primaryimage","url":"https:\/\/www.xlence.com\/wp-content\/uploads\/2025\/11\/DXY-neutral-object_Medium.png","contentUrl":"https:\/\/www.xlence.com\/wp-content\/uploads\/2025\/11\/DXY-neutral-object_Medium.png","width":645,"height":323,"caption":"US Dollar Index hovers around 99.50 as Fed rate cut odds diminish"},{"@type":"BreadcrumbList","@id":"https:\/\/www.xlence.com\/ko\/news-analysis\/us-dollar-index-hovers-around-99-50-as-fed-rate-cut-odds-diminish\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.xlence.com\/ko\/"},{"@type":"ListItem","position":2,"name":"US Dollar Index hovers around 99.50 as Fed rate cut odds diminish"}]},{"@type":"WebSite","@id":"https:\/\/www.xlence.com\/ko\/#website","url":"https:\/\/www.xlence.com\/ko\/","name":"Xlence","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.xlence.com\/ko\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"ko-KR"}]}},"_links":{"self":[{"href":"https:\/\/www.xlence.com\/ko\/wp-json\/wp\/v2\/news_analysis\/51140","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.xlence.com\/ko\/wp-json\/wp\/v2\/news_analysis"}],"about":[{"href":"https:\/\/www.xlence.com\/ko\/wp-json\/wp\/v2\/types\/news_analysis"}],"author":[{"embeddable":true,"href":"https:\/\/www.xlence.com\/ko\/wp-json\/wp\/v2\/users\/2"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.xlence.com\/ko\/wp-json\/wp\/v2\/media\/51141"}],"wp:attachment":[{"href":"https:\/\/www.xlence.com\/ko\/wp-json\/wp\/v2\/media?parent=51140"}],"wp:term":[{"taxonomy":"news_category","embeddable":true,"href":"https:\/\/www.xlence.com\/ko\/wp-json\/wp\/v2\/news_category?post=51140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}