{
  "id": 3019884,
  "title": "US dollar hovers near multi-month lows as debt nerves unnerve investors",
  "url": "https://urgent.news/2026/08/24/us-dollar-hovers-near-multi-month-lows-as-debt-nerves-unnerve",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-24T12:28:21.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/banking-finance/us-dollar-hovers-near-multi-month-lows-debt-nerves-unnerve-investors"
  },
  "original_language": "en",
  "account": "On Monday, the US dollar found itself close to multi-month lows as market participants were unsettled by the US Treasury's pledge to purchase back longer-term bonds. Traders were waiting for information on potential sanctions against Iran and key policy speeches taking place in the United States and Japan. Canada's dollar saw a decline of 0.5 percent to C$1.384 per US dollar as a result of the US imposing 50 percent tariffs on Canadian goods, which Canada retaliated against in kind.\n\nThe value of the euro against the US dollar stood at US$1.1664, showing a slight decline for the day but nearing its three-month peak. The British pound was also slightly weaker, trading at US$1.3627, near its six-month high of US$1.3675. The Japanese yen weakened marginally to 159.21 per US dollar.\n\nThe US dollar experienced its biggest weekly decline against bitcoin in nearly 3½ years on Sunday and has been dropping sharply compared to gold due to renewed concerns over the potential impact of US policy on bond yields. On Friday, the US Treasury announced it would double buybacks at the long end to US$4 billion per operation, signaling an interventionist approach that unnerved traders. Marc Ostwald, chief economist & global strategist at ADM Investor Services International, noted that the Treasury's efforts to push back would only push markets against it, leading to increased support for gold and bitcoin. Investors are looking for clarity on the outlook for US interest rates when Federal Reserve Chairman Kevin Warsh presents in Jackson Hole, Wyoming, on Friday, and they will also be hoping for insights into the Treasury's buybacks during his speech.",
  "summary": "[LONDON] The US dollar hovered near multi-month lows on Monday (Aug 24) in a market unsettled by the US Treasury’s promise to...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}