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Dollar Set for Weekly Drop as Traders Trim Wagers on Rate Hikes

17/07/2026

The dollar held steady on Friday but was poised for a weekly decline as a tame US inflation report this week led traders to cut bets on imminent rate hikes from the Federal Reserve, although escalati

Asharq Al Awsat

Europe's digital euro: What it is and how it would work

14/07/2026

Talks between the European Parliament, European governments and the European Commission on rules for a digital euro begin on Monday, three years after the legislation was first proposed.

The

Reuters

Dollar jumps on renewed Middle East attacks, Hormuz closure

13/07/2026

The dollar ?jumped against most of its peers as a renewal of conflict in the Middle East fanned inflation fears and the prospect of rate hikes from central ?banks increased.

Against the yen,

Arab News

Strong dollar pushes yen to 40-year low as traders test Japanese authorities

01/07/2026

The steadily climbing dollar pushed the yen down to levels not seen since 1986 on Tuesday, heightening expectations that direct intervention from Tokyo was near, even if not immediate, and also putti

Reuters

Oil slide softens dollar's inflationary bite

26/06/2026

When the US dollar jumps, the rest of the world holds its breath, awaiting the bout of imported inflation that often follows. The sound you hear now, however, may be a collective sigh of relief.

Gulf Times

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