Dollar Drops to Two-Month Low Amid Anticipation of Possible Rate Cuts
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 16 2025
0mins
Source: WSJ
Dollar Weakness: The dollar has fallen to a two-month low against a basket of currencies as the Federal Reserve is anticipated to initiate consecutive interest-rate cuts, with a 97% probability of a 25 basis points cut this week.
Sterling Gains: The British pound is expected to continue its rise against the dollar, with analysts predicting that upcoming U.K. jobs data will not significantly impact the Bank of England's cautious approach to interest rates, potentially lifting sterling to a year-end target of $1.38.
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About SNEX
StoneX Group Inc., through its subsidiaries, operates a global financial services network that connects companies, organizations, traders, and investors to the global market ecosystem through digital platforms, end-to-end clearing and execution services, high-touch service, and expertise. Its segments include Commercial, Institutional, Self-Directed/Retail, and Payments. The Commercial segment comprises the activities associated with the identification, management, hedging and monitoring of various commodity and financial risks faced by commercial entities in their business cycles. It provides institutional clients with a suite of equity trading services to help them find liquidity with execution, as well as prime brokerage in equities and various foreign currency pairs and swap transactions. It provides its retail clients around the world access to over 18,000 global financial markets. It provides customized payment, technology and treasury services to banks, charities, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
