# Dollar Slips as PCE Data Meets Forecasts, Fed Cut Bets Build

> The US dollar weakened on Friday with the dollar index near 97.70 after core PCE rose 0.3% m/m in July and 2.9% y/y, in line with forecasts. Fed funds futures implied an 89% chance of a September 25bp cut, and Governor Waller publicly backed easing.

- Date: 2025-08-29 · published 2025-08-29T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/23512-dollar-slips-as-pce-data-meets-forecasts-fed-cut-bets-build
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar and firmer rate-cut bets tend to support dollar-denominated commodity prices and can lift demand from non-US buyers, while the macro backdrop shapes broader commodity sentiment.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-05-24 | [Dollar slips as weak data boosts US rate cut bets](https://feedsoft.ai/events/59248-dollar-slips-as-weak-data-boosts-us-rate-cut-bets.md) | +0.4% | -1.2% |
| DXY | 2019-12-12 | [Euro buoyed before ECB meeting as Fed forecast knocks dollar \| Financial Post](https://feedsoft.ai/events/55785-euro-buoyed-before-ecb-meeting-as-fed-forecast-knocks-dollar-financial-post.md) | -0.4% | -1.0% |
| DXY | 2024-02-07 | [Dollar slips as market awaits new data for direction \| Reuters](https://feedsoft.ai/events/31885-dollar-slips-as-market-awaits-new-data-for-direction-reuters.md) | +0.5% | -0.4% |
| DXY | 2024-08-02 | [Dollar hits four-month low as weak US jobs data boosts rate cut bets](https://feedsoft.ai/events/9285-dollar-hits-four-month-low-as-weak-us-jobs-data-boosts-rate-cut-bets.md) | -0.3% | -1.3% |
| DXY | 2022-12-07 | [Gold jumps 1% as U.S. dollar, yields slip on Fed slowdown bets](https://feedsoft.ai/events/38161-gold-jumps-1-as-u-s-dollar-yields-slip-on-fed-slowdown-bets.md) | -1.0% | -0.7% |

## Sources

- brokerxplorer.com: https://www.brokerxplorer.com/news/dollar-slips-as-pce-data-meets-forecasts-fed-cut-bets-build-7182

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.