{
  "id": 12516641,
  "title": "Dollar holds losses as markets await Fed minutes, speakers",
  "url": "https://urgent.news/2026/10/07/dollar-holds-losses-as-markets-await-fed-minutes-speakers-12516641",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-07T01:16:05.000Z",
  "source": {
    "name": "Channel News Asia",
    "slug": "channel-news-asia",
    "url": "https://www.channelnewsasia.com/business/dollar-holds-losses-markets-await-fed-minutes-speakers-6437936"
  },
  "original_language": "en",
  "account": "On Wednesday, the US dollar experienced a decline as European bond markets steadied and market attention shifted towards the Federal Reserve's upcoming minutes and speeches from policymakers. The euro experienced a notable surge, marking its highest level in seven weeks, following a French presidential candidate's announcement of a plan to reduce spending. Meanwhile, the yen showed a downward trend despite a dovish Bank of Japan board member expressing support for interest rate increases.\n\nThe US central bank's decision to raise interest rates on September 15-16, in response to inflation concerns, has led to less hawkish remarks from Fed policymakers in recent weeks. This shift in sentiment is partly attributed to softer-than-expected personal consumption expenditures (PCE) and jobs data from the previous week. According to Gavin Friend, a senior markets strategist at National Australia Bank, there is a reduced sense of urgency for the Fed to raise rates following the milder economic indicators.\n\nThe dollar index, which gauges the greenback's performance against a basket of currencies, climbed by 0.03% to 101.94, marking a rebound from a 0.27% drop the prior session. The euro softened by 0.08% to $1.1249, while the Japanese yen slipped by 0.19% against the dollar, reaching 158.43 per dollar. The British pound also experienced a decline, slipping 0.08% to $1.3262.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 8,
    "also_reported_by": [
      {
        "outlet": "CNA - Business",
        "title": "Dollar holds losses as markets await Fed minutes, speakers",
        "url": "https://urgent.news/2026/10/07/dollar-holds-losses-as-markets-await-fed-minutes-speakers-12515443",
        "published": "2026-10-07T01:16:05.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Dollar holds losses as markets await Fed minutes, speakers",
        "url": "https://urgent.news/2026/10/07/dollar-holds-losses-as-markets-await-fed-minutes-speakers",
        "published": "2026-10-07T01:18:28.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Dollar holds losses as markets await Fed minutes, speakers",
        "url": "https://urgent.news/2026/10/07/dollar-holds-losses-as-markets-await-fed-minutes-speakers-12524684",
        "published": "2026-10-07T01:36:00.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Dollar holds losses as markets await Fed minutes, speakers",
        "url": "https://urgent.news/2026/10/07/dollar-holds-losses-as-markets-await-fed-minutes-speakers-12520809",
        "published": "2026-10-07T01:47:03.000Z"
      },
      {
        "outlet": "The Economic Times - Top News",
        "title": "Dollar holds losses as markets await Fed minutes, speakers",
        "url": "https://urgent.news/2026/10/07/dollar-holds-losses-as-markets-await-fed-minutes-speakers-12522461",
        "published": "2026-10-07T01:55:14.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Dollar holds losses as markets await Fed minutes, speakers",
        "url": "https://urgent.news/2026/10/07/dollar-holds-losses-as-markets-await-fed-minutes-speakers-12524493",
        "published": "2026-10-07T02:38:45.000Z"
      },
      {
        "outlet": "Ajel English",
        "title": "Gold prices steady as investors await Fed meeting minutes",
        "url": "https://urgent.news/2026/10/07/gold-prices-steady-as-investors-await-fed-meeting-minutes",
        "published": "2026-10-07T03:58:19.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}