{
  "id": 1855622,
  "title": "Dollar drifts near multi-month lows as Treasury yields ease",
  "url": "https://urgent.news/2026/08/19/dollar-drifts-near-multi-month-lows-as-treasury-yields-ease-1855622",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-19T02:13:03.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/08/19/dollar-drifts-near-multi-month-lows-as-treasury-yields-ease"
  },
  "original_language": "en",
  "account": "The US dollar edged closer to multi-month lows against major currencies on Wednesday, as Treasury yields retreated from recent peaks and investors awaited the latest minutes from the Federal Reserve's policy meeting. The euro, meanwhile, edged slightly higher against the greenback, remaining near a two-month high. The British pound also held steady near a three-month peak, ahead of inflation data expected later in the day. The Japanese yen, however, remained relatively stable, trading at 159.56 per dollar, having mostly recovered from intervention gains. The dollar index, which gauges the US currency against six peers, saw a slight decline. Market focus now shifts to the Fed's forthcoming minutes release, where policymakers' outlook on interest rates is anticipated. Recent economic data, including July's unexpected job losses and muted inflation readings, have led investors to reassess their expectations for future rate hikes. Harvinder Kalirai, a strategist at Alpine Macro, noted that if the Fed fails to follow through on anticipated hikes, bond yields may not rise significantly. This could soften the dollar's appeal, as investors reassess its yield advantage. Meanwhile, Middle East tensions have contributed to oil prices nearing three-week highs, maintaining inflationary pressures. The New Zealand and Australian dollars remained relatively unchanged, trading at US$0.5874 and US$0.7083, respectively.",
  "summary": "A selloff in US Treasuries appears to have paused during a week light on economic data ahead of the FOMC minutes release.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Free Malaysia Today",
        "title": "Dollar drifts near multi-month lows as Treasury yields ease",
        "url": "https://urgent.news/2026/08/19/dollar-drifts-near-multi-month-lows-as-treasury-yields-ease",
        "published": "2026-08-19T02:13:03.000Z"
      }
    ]
  },
  "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."
}