{
  "id": 3476615,
  "title": "US Dollar Index: Range trade persists as data soft – DBS",
  "url": "https://urgent.news/2026/08/26/us-dollar-index-range-trade-persists-as-data-soft-dbs",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-26T09:25:46.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/us-dollar-index-range-trade-persists-as-data-soft-dbs-202608260925"
  },
  "original_language": "en",
  "account": "US Dollar Index remains within a 98.5-99.0 range as softer US economic data and expectations of a delayed Fed hike restrain its upward momentum. DBS Group Research economist Philip Wee points to weaker-than-expected US consumer confidence, a potential drop in July's Personal Consumption Expenditures (PCE) inflation, and Federal Reserve Chair Kevin Warsh's upcoming speech at the Jackson Hole Symposium as the key factors influencing the Dollar's current trajectory. The US Treasury 30Y yield has decreased by 5.9 basis points to 5.165%, extending Monday's 4.6-basis point decline, while market expectations for a September 16 Fed hike have dwindled to 38% from 72% at the end of July. US consumer confidence fell to 89.4 in August, below the 90.2 consensus and July's downwardly revised 90.2 (from 90.8), reflecting a more cautious attitude among the US consumer due to recent declines in retail sales and employment prospects. Market participants will closely monitor the July PCE inflation report, which is anticipated to show a decrease from June's 3.7% YoY to 3.6% YoY, with core PCE remaining steady at 3.3%. Fed Chair Warsh's keynote address at the Jackson Hole Symposium on Friday remains a pivotal event this week, as it will provide further insight into the Fed's interest rate strategy and credibility.",
  "summary": "DBS Group Research economist Philip Wee notes that the DXY Index’s recent recovery stalled slightly above 99 and has reverted to a 98.5–99.0 range after last week’s sell-off linked to higher US long bond yields.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "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"
      }
    ]
  },
  "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."
}