{
  "id": 3405497,
  "title": "Dollar moves in a narrow range ahead of inflation data",
  "url": "https://urgent.news/2026/08/26/dollar-moves-in-a-narrow-range-ahead-of-inflation-data",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-26T02:03:19.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/08/26/dollar-moves-in-a-narrow-range-ahead-of-inflation-data"
  },
  "original_language": "en",
  "account": "The US dollar index, a measure of the greenback's strength against a basket of six currencies, remained relatively stable at 98.918 in early Asian trading on Wednesday. This follow-up to a three-day winning streak on Tuesday saw the dollar trade within a narrow range for much of the week as investors awaited inflation data from major economies, including the US, prior to the Jackson Hole symposium. The dollar's inactive behavior was partly due to signs of de-escalation in the Middle East, such as plans to return US diplomatic staff to the region and efforts to reopen the Strait of Hormuz between Iran and Oman. These developments contributed to a broader risk sentiment, as oil prices declined during the Asian day, with Brent crude falling 2.1% to US$86.68. The Australian dollar saw a slight increase of 0.1% to US$0.7172 following data that showed the trimmed mean CPI inflation measure rose at an annualized rate of 3.6%. Conversely, New Zealand's kiwi currency slipped 0.2% to US$0.5962 in anticipation of an interest rate decision from the Reserve Bank of New Zealand the following Wednesday. The US dollar also weakened against the Canadian dollar, falling 0.1% to C$1.38405 per dollar, after Ottawa imposed retaliatory tariffs on nearly US$20 billion worth of US imports and announced support measures for businesses and workers following the collapse of trade talks with Washington. Meanwhile, the euro held steady at $1.1675, while the British pound remained unchanged at $1.3647. The Japanese yen remained relatively stable at ¥159.14, staying below levels that would typically trigger joint intervention by US and Japanese officials. Economists polled by Reuters anticipate the Bank of Japan will raise interest rates again in September, with the terminal rate potentially higher, suggesting a shift in their stance from previous expectations. Meanwhile, cryptocurrencies experienced a rebound, with Bitcoin increasing 0.8% to $78,829.03 and Ether up 0.7% to $2,453.10, both up over 25% and 31% respectively this month. However, gold declined 0.5% to $4,633.94, trimming its monthly gains to 15%.",
  "summary": "Investors await inflation reports from major economies including the US ahead of the Jackson Hole symposium this weekend.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 6,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Australian Dollar rises after RBA hawkish minutes, inflation data eyed",
        "url": "https://urgent.news/2026/08/25/australian-dollar-rises-after-rba-hawkish-minutes-inflation-data-eyed",
        "published": "2026-08-25T23:04:10.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Dollar moves in a narrow range ahead of inflation data, Jackson Hole",
        "url": "https://urgent.news/2026/08/26/dollar-moves-in-a-narrow-range-ahead-of-inflation-data-jackson-hole",
        "published": "2026-08-26T02:00:33.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Dollar moves in a narrow range ahead of inflation data",
        "url": "https://urgent.news/2026/08/26/dollar-moves-in-a-narrow-range-ahead-of-inflation-data-3411321",
        "published": "2026-08-26T02:03:19.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Dollar moves in a narrow range ahead of inflation data, Jackson Hole",
        "url": "https://urgent.news/2026/08/26/dollar-moves-in-a-narrow-range-ahead-of-inflation-data-jackson-hole-3411097",
        "published": "2026-08-26T02:35:15.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Dollar moves in a narrow range ahead of inflation data, Jackson Hole",
        "url": "https://urgent.news/2026/08/26/dollar-moves-in-a-narrow-range-ahead-of-inflation-data-jackson-hole-3426117",
        "published": "2026-08-26T04:27:51.000Z"
      }
    ]
  },
  "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."
}