Dollar Falls as Markets Pare U.S. Rate-Rise Bets -- Market Talk
Dow Jones2026/08/17 06:590659 GMT - The dollar falls to a 10-day low against a basket of currencies as expectations for the Federal Reserve to raise interest rates this year dim. Recent weak jobs data and subdued inflation data prompted markets to trim rate rise bets. Investors are now looking ahead to the Fed's latest meeting minutes on Wednesday for any policy clues. "Given Fed Chair Kevin Warsh has stepped back from offering policy guidance, the minutes may shed extra light on how the Fed is weighing inflation risks as well as their urgency to act should those risks remain elevated," Deutsche Bank analysts say in a note. The DXY dollar index falls to as low as 99.452.(renae.dyer@wsj.com)
(END) Dow Jones Newswires
August 17, 2026 02:59 ET (06:59 GMT)
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