DXY slid to its lowest since May after U.S. retail sales unexpectedly weakened, prompting traders to pare back expectations for a rate hike this year. Bond traders also pulled back wagers that the Fed will raise rates in 2026—a tightening narrative t

2026-08-14

DXY slid to its lowest since May after U.S. retail sales unexpectedly weakened, prompting traders to pare back expectations for a rate hike this year. Bond traders also pulled back wagers that the Fed will raise rates in 2026—a tightening narrative that had supported the dollar. The move leaves the dollar poised for its sixth weekly decline in seven weeks; last Friday’s soft labor market report and this week’s mild inflation prints added to the weakness.

Other News
2026-08-14

U.S. Central Command (CENTCOM) said on social media that multiple media reports in the past 48 hours about the USS Abraham Lincoln's Middle East deployment were "false." CENTCOM said claims that seven sailors died in a shipboard brawl and that onboar

2026-08-14

U.S. Central Command: In the past 48 hours, multiple media outlets have reported several false reports related to the deployment of the USS Abraham Lincoln (CVN 72) to the Middle East. One report claimed that seven sailors died in a fight on board; o