The U.S. Dollar Index falls below 99 intraday on August 19, for the first time since June. According to market data, the U.S. Dollar Index (DXY) fell by about 0.65% during the day, hitting the lowest level since June. A weakening dollar is generally beneficial for non-U.S. currencies such as the euro, the British pound, and the renminbi, as well as assets like gold. It may also improve conditions for capital inflows into emerging markets. Going forward, watch the Federal Reserve’s policy path and how this week’s U.S. economic data affects rate expectations. $DXY $EURUSD for information purposes only and does not constitute investment advice