{
  "id": 1735509,
  "title": "Dollar mostly flat as softer US data fuel dovish rate bets",
  "url": "https://urgent.news/2026/08/18/dollar-mostly-flat-as-softer-us-data-fuel-dovish-rate-bets",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-18T15:22:12.000Z",
  "source": {
    "name": "CNA - Business",
    "slug": "cna-business",
    "url": "https://www.channelnewsasia.com/business/dollar-mostly-flat-softer-us-data-fuel-dovish-rate-bets-6324906"
  },
  "original_language": "en",
  "account": "On Tuesday, the U.S. dollar remained relatively stable against other major currencies as investors anticipated a more cautious stance from the Federal Reserve following weaker economic data. The euro dipped slightly from a two-month high of $1.161 to $1.1587, while the dollar gained 0.15% against the Swiss franc, reaching 0.812. Sterling also saw a modest rise against the dollar, reaching $1.35420. Analysts attributed the dollar's relatively flat performance to the market's interpretation of a dovish response from the Fed in light of recent economic data, including unexpected job losses and muted inflation readings. This shift in market sentiment has led to a near-70% chance of a rate hold in the September quarter-point hike, down from previous expectations. The dollar's stability comes amid ongoing concerns about inflation, the potential for further Iranian conflict, and the impact of joint U.S.-Japanese intervention on the yen.",
  "summary": null,
  "key_points": [
    "U.S. dollar stable amid softer economic data",
    "Fed rate hike chances near 70% for September",
    "Concerns over inflation and Iran conflict"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Channel News Asia",
        "title": "Dollar mostly flat as softer US data fuel dovish rate bets",
        "url": "https://urgent.news/2026/08/18/dollar-mostly-flat-as-softer-us-data-fuel-dovish-rate-bets-1738963",
        "published": "2026-08-18T15:22:12.000Z"
      }
    ]
  },
  "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."
}