{
  "id": 1394770,
  "title": "Yen edges up as traders push back Fed rate hike bets",
  "url": "https://urgent.news/2026/08/17/yen-edges-up-as-traders-push-back-fed-rate-hike-bets-1394770",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-17T01:22:00.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/08/17/yen-edges-up-as-traders-push-back-fed-rate-hike-bets"
  },
  "original_language": "en",
  "account": "The Japanese yen gained strength against the US dollar, climbing 0.2% to 159.055 yen per dollar following a report that Japan's Q2 GDP grew at an annualized 1.1%. Analysts noted a mixed bag of data, with GDP expanding at a decent pace, but government policies still limiting the impact of higher energy prices. The euro and British pound showed minimal movement, while the Australian and New Zealand dollars remained flat. US economic indicators, such as non-farm payrolls and inflation data, have dampened expectations of a rate hike from the Federal Reserve this year. Fed futures suggest a 66.9% probability of rates remaining unchanged at the September meeting, up from 47.6% a month prior. The US dollar index slipped slightly, trading near its lowest point of the month. Meanwhile, oil prices were volatile, and US-Iranian talks on the Middle East conflict remained stagnant.",
  "summary": "The yen maintains modest gains despite weaker-than-expected Japanese GDP data, on track for a second straight day of advances.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Australian Dollar gains traction to near 0.7100 on fading Fed hike bets",
        "url": "https://urgent.news/2026/08/16/australian-dollar-gains-traction-to-near-0-7100-on-fading-fed-hike",
        "published": "2026-08-16T23:29:08.000Z"
      },
      {
        "outlet": "The Economic Times - Top News",
        "title": "Global Market Today: Asian shares mixed, dollar dips as Fed hike bets ease",
        "url": "https://urgent.news/2026/08/17/global-market-today-asian-shares-mixed-dollar-dips-as-fed-hike-bets",
        "published": "2026-08-17T01:06:47.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Yen edges up as traders push back Fed rate hike bets",
        "url": "https://urgent.news/2026/08/17/yen-edges-up-as-traders-push-back-fed-rate-hike-bets",
        "published": "2026-08-17T01:08:06.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Yen edges up as traders push back Fed rate hike bets",
        "url": "https://urgent.news/2026/08/17/yen-edges-up-as-traders-push-back-fed-rate-hike-bets-1404678",
        "published": "2026-08-17T02:34:08.000Z"
      }
    ]
  },
  "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."
}