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U.S. Dollar Drops to Two-Month Low as Markets Price 70% Chance of Fed Pause

By Trader Edge at 2026-10-03 02:12

Sentiment: Negative

TLDR The Dollar Spot Index fell to 99.33, its lowest level since June 5 Weak U.S. jobs, retail sales, and inflation data drove the decline Money markets now price a 70% chance the Fed holds rates in September The Japanese yen traded near 159.00 despite a GDP miss; Bank of Japan may hike in September [...] The post U.S. Dollar Drops to Two-Month Low as Markets Price 70% Chance of Fed Pause appeared first on CoinCentral. Continue reading...

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