The dollar fell to a 10-week low against a currency basket and U.S. Treasury yields slipped after softer U.S. jobs, retail sales and inflation data reduced market expectations for Fed tightening. BankPro CEO Paul Brocado said persistent Middle East uncertainty and any resulting inflationary pressure could limit the dollar's decline; escalation would likely lift safe-haven demand, supporting the dollar and pushing oil prices and yields higher.

2026-08-17

The dollar fell to a 10-week low against a currency basket and U.S. Treasury yields slipped after softer U.S. jobs, retail sales and inflation data reduced market expectations for Fed tightening. BankPro CEO Paul Brocado said persistent Middle East uncertainty and any resulting inflationary pressure could limit the dollar's decline; escalation would likely lift safe-haven demand, supporting the dollar and pushing oil prices and yields higher.