The Federal Reserve's recent interest rate cuts have led to a 2% decline in the U.S. dollar against other currencies. This occurs because lower interest rates often make investments in that currency less attractive, reducing demand and currency value. However, the dollar's response is also influenced by other factors, such as economic data and geopolitical events. Therefore, while #FedRateCutAffectsDollar , it's essential to consider the broader economic context when assessing currency movement