Investor Sentiment: Market sentiment and expectations can also influence the dollar's trend. If investors anticipate further rate cuts or economic uncertainty, they may sell off dollars, leading to depreciation. Global Events: Geopolitical events, such as wars or economic crises, can significantly impact currency values. In times of global uncertainty, the U.S. dollar is often considered a safe-haven currency, which can increase demand and strengthen its value, even if the Fed is cutting rates. #FedRateCutAffectsDollarTrend