Dollar Could Stay Weaker on Dimmed Rate Rise Prospects -- Market Talk
Dow Jones2026/08/19 11:511151 GMT - The dollar could remain under pressure as U.S. interest-rate rise expectations have been dialled back, Tapaas chief executive Jonathan Squires says in a note. Markets are pricing a 69% chance that rates will be left unchanged in September, LSEG data show. However, a rate rise is nearly fully priced for December. This should limit the dollar's falls, Squires says. The Federal Reserve's meeting minutest at 1800 GMT could provide some insight about future policy, he says. The Iran war could also continue to affect the dollar. "While a shift toward less U.S. military action and more economic sanctions could limit safe-haven demand, any new escalations could support the currency and yields." The DXY dollar index falls 0.2% to 99.415. (renae.dyer@wsj.com)
(END) Dow Jones Newswires
August 19, 2026 07:51 ET (11:51 GMT)
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