Dollar Holds as Fed Hike Odds Fade | Bermuda News

The U.S. dollar is staying put amid cooling economic data and shifting Fed expectations, with markets now betting sharply against a September rate hike. Softer jobs figures and tame inflation have nudged investors toward a more dovish view, while a recent U.S.-Japan intervention to prop up the yen has added pressure on the dollar. Global inflation fears and geopolitical tensions keep rattling markets, making every central bank move — especially from the Bank of Japan — a potential game-changer for the dollar’s next move. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/807f57bc2fbf996a