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Economics2h 17m ago

The US dollar was little changed on Friday but remained on track for a weekly decline after softer US inflation data prompted traders to scale back expectations of imminent Fed rate hikes.

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Who
traders
What
The US dollar was little changed on Friday but remained on track for a weekly decline after softer US inflation data prompted traders to scale back expectations of imminent Fed rate hikes.
When
Fri, 17 Jul 2026 02:53:22 GMT · 2h 17m ago
Where
US ·
Why
Softer US inflation data prompted traders to scale back expectations of imminent Fed rate hikes.
The Frontline Impact

How this affects you

Traders have scaled back expectations of imminent Fed rate hikes following softer US inflation data. The US dollar remained on track for a weekly decline.

Story chain

3 events in this thread
  1. Economics1h 37m ago
    Gold prices are facing weekly losses amid rising Federal Reserve-hike bets and renewed Middle East tensions.
    Open article
  2. Economics1h 37m ago
    Gold prices are facing weekly losses due to rising bets on Federal Reserve interest rate hikes and renewed Middle East tensions.
    Open article
  3. Currently Reading2h 17m ago
    The US dollar was little changed on Friday but remained on track for a weekly decline after softer US inflation data prompted traders to scale back expectations of imminent Fed rate hikes.

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