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The index, which measures the performance of the greenback against a basket of currencies, dropped to $110, which was lower than last month's high of almost $115.
This performance is mostly because some analysts believe that the Federal Reserve will start to pivot after delivering more than 300 basis point rate increases. Still, the bank has hinted that it will deliver another 0.75% rate hike in November and a 0.50% increase in December.
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