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Dollar Weakens on Reduced Fed Rate Hike Chances This Month

City noticeboard, Trade Hub UK (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).

By Nasdaq

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...

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Source: Nasdaq