Dollar Eases From 18-Month High as Treasury Yields Fall
The dollar slipped from an 18-month peak as Treasury yields dropped, while cautious Federal Reserve remarks tempered expectations for an October rate hike despite hot inflation data.
The dollar retreated from an 18-month high on Thursday as Treasury yields fell sharply, weighing on the greenback. Cautious comments from Federal Reserve officials also curbed expectations for an October rate hike, despite elevated inflation data. The dollar index TVC:DXY, which measures the US cu