{
  "id": 12524493,
  "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",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-07T02:38:45.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/economy/2026/10/1549499/dollar-holds-losses-markets-await-fed-minutes-speakers"
  },
  "original_language": "en",
  "account": "Tokyo saw the US dollar weaken on Wednesday as European bond markets calmed and traders focused on upcoming Federal Reserve minutes and speeches. The euro soared seven weeks prior, buoyed by France's presidential frontrunner's pledge to cut spending. The yen dipped despite a BoJ official expressing support for rate hikes. Later, the Fed will release September 15-16 policy meeting minutes, with policymakers' remarks signaling less urgency to raise rates following recent softer economic data. Gavin Friend, a National Australia Bank strategist, noted a reduced Fed rate hike urgency. The dollar index climbed 0.03% to 101.94 after a 0.27% drop the day before. The euro slipped 0.08% to $1.1249, while the yen fell 0.19% to 158.43 per dollar. Sterling fell 0.08% to $1.3262. Global bond yields rose on rate hike expectations and fiscal concerns. French debt faces pressure due to election preparations, while Spain's snap election added stress to the euro. The yen weakened after BoJ policymaker Ayano Sato hinted at staged rate hikes. Markets expect Fed hikes later this month and next year, though expectations have softened. Kansas City Fed President Jeff Schmid said further rate hikes are still needed to tame inflation, despite higher long-term yields. The chance of a 25 basis point hike in October fell to 20.5% from 51% a week ago, but an 84.5% probability remains for December. Fed officials' upcoming speeches and March's consumer credit data, expected to decline, may further influence market sentiment. Cryptocurrencies also declined, with Bitcoin down 0.22% and Ether losing 0.12%.",
  "summary": "TOKYO: The US dollar remained lower on Wednesday after stress in European bond markets abated and as eyes turned to the release of Federal Reserve minutes and speeches by its policymakers for signals on a potential rate hike.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 7,
    "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": "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."
}