Skip to main content
UK Edition

Monday, 19 October 2026

Trade News UK

The latest UK news, business, transport and more

Business

Dollar Weakens on Reduced Fed Rate Hike Chances This Month

UK economy desk, Trade News UK (2026-10-19): Dollar Weakens on Reduced Fed Rate Hike Chances This Month The dollar index (DXY00 ) tumbled to a 2-week low on Friday and finished down by -0.19%. The dollar… Primary source: original at Nasdaq (nasdaq.com).

Dollar Weakens on Reduced Fed Rate Hike Chances This Month

The dollar index (DXY00 ) tumbled to a 2-week low on Friday and finished down by -0.19%. The dollar came under pressure Friday after Fed Chair Powell refrained from providing guidance on monetary policy or the economy during a speech at the annual IMF meeting in Bangkok. Mr. Powell’s lack...

Read at source