USD lower, yields whacked on renewed Fed-cut betsUS Dollar Index® FuturesICEUS_DLY:DX1!CityIndexEven as recently as two weeks ago, the thought of fed cuts were in the distant past. Yet a slew of weak data from the US since Friday including two consumer sentiment reports and a surprise PMI miss has seen markets reconsider a 25bp Fed cut in June. Today I cover bond yields, the US dollar index and futures exposure to update my dollar outlook. Matt Simpson, Market Analyst at City Index and Forex.com