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Dollar Index: Weekly Outlook & Forecast

The dollar extended its losing streak and Treasuries steadied after a rally on further bets the Federal Reserve is almost done with its rate-hiking cycle.

The greenback fell for a fourth day and is headed for its worst month since last November as traders turned more optimistic about the likelihood of Fed rate cuts. The South Korean won and Thai baht led the gains in Asia, with the won jumping the most in nearly two weeks.

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