## Fed Less Restrictive, Dollar Under Pressure but Supported by Treasury Yields
The dollar index (DXY00) has gained 0.27% in today's session, with US Treasury yields continuing to support the greenback through their interest rate differential advantage. However, long-term prospects for the US currency remain complex, as market expectations of Federal Reserve rate cuts increasingly weigh on global currency balances.
### Contrasting Signals from Monetary Authorities and Economic Data
Richmond Fed President Tom Barkin confirmed that tax cuts and deregulation could stimulate economic growth throug
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