Monday, 19 October 2026
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National Trade News capital-markets note (2026-10-18): Dollar Weakens on Reduced Fed Rate Hike Chances This Month The dollar index (DXY00 ) tumbled to a 2-week low on Friday and finished down by -0.19%. The dollar… Primary source: original at Nasdaq (nasdaq.com).
Dollar Weakens on Reduced Fed Rate Hike Chances This Month
The dollar index (DXY00 ) tumbled to a 2-week low on Friday and finished down by -0.19%. The dollar came under pressure Friday after Fed Chair Powell refrained from providing guidance on monetary policy or the economy during a speech at the annual IMF meeting in Bangkok. Mr. Powell’s lack...