FX Monthly Update | September 2025

Economic Outlook and Summary August trading was choppy, and thin as summer holidays drained liquidity. The US dollar index (DXY) slid from 100.25 on August 1 to 97.78 by month end, pressured by weak volumes, payroll revisions, and Trump’s tariffs. Fed rate-cut fever, coupled with blockbuster earnings, pushed the S&P 500 to fresh records. The […]