{
  "id": 428691,
  "title": "Dollar near two-month trough as US inflation data awaited",
  "url": "https://urgent.news/2026/08/10/dollar-near-two-month-trough-as-us-inflation-data-awaited",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-10T01:31:32.000Z",
  "source": {
    "name": "CNA - Business",
    "slug": "cna-business",
    "url": "https://www.channelnewsasia.com/business/dollar-near-two-month-trough-us-inflation-data-awaited-6308976"
  },
  "original_language": "en",
  "account": "The U.S. dollar slipped to a two-month low on Monday as investors anticipated key inflation data from the Federal Reserve. The euro strengthened to $1.1558, nearing its strongest point since mid-June, while the British pound held steady near $1.3490, close to a five-week high. The Japanese yen maintained resistance near 157.90 per dollar, after recent intervention-driven gains but remained far from the multi-decade low reached last month. The dollar index, which compares the currency to six major counterparts, held steady at 99.6, nearing its dip since June 2. Data released on Friday showed a surprise drop in U.S. jobs in July, with prior months' job growth revised downward, dampening expectations for a Federal Reserve rate hike next month. U.S. Treasury yields slipped as the weaker-than-expected jobs report reduced the odds of a rate increase, with the 10-year note yield at 4.637 percent. Futures markets now estimate a 44 percent chance of a September rate hike, down from 67 percent a week earlier. The expected moderation in inflation, as suggested by the jobs data, will likely be the primary driver for currency movements this week, according to analysts.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 8,
    "also_reported_by": [
      {
        "outlet": "Channel News Asia",
        "title": "Dollar near two-month trough as US inflation data awaited",
        "url": "https://urgent.news/2026/08/10/dollar-near-two-month-trough-as-us-inflation-data-awaited-430045",
        "published": "2026-08-10T01:31:32.000Z"
      },
      {
        "outlet": "The Economic Times - Top News",
        "title": "Dollar near two-month trough as US inflation data awaited",
        "url": "https://urgent.news/2026/08/10/dollar-near-two-month-trough-as-us-inflation-data-awaited-430035",
        "published": "2026-08-10T02:03:32.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Dollar nears near two-month low ahead of US inflation data",
        "url": "https://urgent.news/2026/08/10/dollar-nears-near-two-month-low-ahead-of-us-inflation-data",
        "published": "2026-08-10T02:26:34.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Dollar near two-month trough as US inflation data awaited",
        "url": "https://urgent.news/2026/08/10/dollar-near-two-month-trough-as-us-inflation-data-awaited-433591",
        "published": "2026-08-10T02:52:49.000Z"
      },
      {
        "outlet": "FXStreet",
        "title": "Canadian Dollar pulls back from two-month top as rebounding USD counters higher oil prices",
        "url": "https://urgent.news/2026/08/10/canadian-dollar-pulls-back-from-two-month-top-as-rebounding-usd",
        "published": "2026-08-10T03:14:31.000Z"
      },
      {
        "outlet": "The Jakarta Post",
        "title": "Dollar near two-month trough as US inflation data awaited",
        "url": "https://urgent.news/2026/08/10/dollar-near-two-month-trough-as-us-inflation-data-awaited-439495",
        "published": "2026-08-10T04:36:41.000Z"
      },
      {
        "outlet": "Ajel English",
        "title": "Dollar holds near two-month low as markets await US inflation data",
        "url": "https://urgent.news/2026/08/10/dollar-holds-near-two-month-low-as-markets-await-us-inflation-data",
        "published": "2026-08-10T04:43:39.000Z"
      }
    ]
  },
  "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."
}