
Dollar Hits Two-Month Low as Data Kills Fed Hike Bets
The US Dollar Index plunged to a two-month low of 99.40 as weak retail sales and jobs data extinguish market expectations for further Federal Reserve
Aug 17, 20264 min read0 reactions0 comments
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The US Dollar Index plunged to a two-month low of 99.40 as weak retail sales and jobs data extinguish market expectations for further Federal Reserve

A watchdog says BLS cut early-release risks after 2024 failures, but CPI, earnings and jobs data still need tighter controls.
April employment data reveals front-line workers continue powering moderate job growth while economic anxieties persist across the labor market.