Dollar weakens amid reduced rate hike expectations and Middle East tensions
Most outlets reported the dollar's decline against major currencies and linked it to reduced expectations of US rate hikes and rising concerns over Middle East tensions. Business Recorder and Dunya News both highlighted the dollar's near multi-month lows, with Business Recorder adding that the threat of escalation in the region remains imminent, while Dunya News also mentioned higher oil prices and cautious market sentiment.
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Dollar feeble as rate hike bets dwindle, Iran war worries grow
Dollar holds near multi-month lows as softer US data reduce Fed rate-hike bets, while Middle East tensions, higher oil prices and bond yields keep markets cautious.
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Dollar feeble as rate hike bets dwindle, Iran war worries grow
SINGAPORE: The US dollar held near multi-month lows against most major currencies on Tuesday as traders walked back expectations of near-term monetary tightening, although the imminent threat of an escalation in the Middle East war left sentiment fragile. The euro fetched $1.1581 in early Asian hours, not far from the two-month high of $1.1614 it touched on Monday. Sterling was at $1.3548, ju...
2 articles from 2 outlets, 18 Aug–18 Aug 2026. Headlines and links belong to their outlets — HarZaviya links out and never copies article text. What does % identical mean?