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Dollar drops below 100 as Fed shock, BOJ risk and oil fears hit FX – TON BOT

Dollar drops below 100 as Fed shock, BOJ risk and oil fears hit FX

The U.S. Dollar Index fell below 100 as traders sold the greenback after the Fed meeting, with USD/JPY dropping due to rising BOJ hike and intervention risks. Mixed signals for emerging markets and Bitcoin were observed, with a weaker dollar giving limited relief to crypto amid the Fed’s higher-for-longer stance and oil shock.


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