• Mon, Mar 2, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--

Indonesia News Portal for Traders | Financial & Business Updates

13 August 2025 22:35  |

Dollar Hits Fresh Two-Week Low as US Yields Retreat

The dollar fell and Treasuries rallied amid renewed bets on an imminent interest rate cut despite a session light on economic data. Investors ramped up expectations that the Federal Reserve will cut rates by at least a quarter point in September just as Treasury Secretary Scott Bessent urged a reduction at the next meeting. 

The Bloomberg Dollar Spot Index falls 0.3%, extending Tuesday’s decline and touching weakest mark since July 28.

EUR/USD rallies by 0.4% to 1.1719, fresh two-week high.

EUR/GBP slips 0.2% to 0.8630, heading for a fifth daily drop, the longest losing streak since late May.

USD/JPY falls 0.5% to 147.18, largest intraday drop in nearly a week.

Source: Bloomberg

Related News

US DOLLAR

Big Dollar Surge Hits Wall of Doubt in Options Market

The dollar pared gains on Monday, with traders unsure whether its recent surge on the back of easing U.S.-China trade tension...

13 May 2025 15:52
US DOLLAR

Dollar Closes Best Year Since 2015 With Bullish Bias

The dollar posted a modest decline on the final day of the year, its best in nearly a decade, as long-term options and charts...

31 December 2024 17:05
US DOLLAR

Dollar Continues to Fall

The dollar index fell to 100.3 on Wednesday, further easing from a one-month high hit on Monday, as momentum from a rally fue...

14 May 2025 17:16
US DOLLAR

Dollar Ends Three-Day Drop Ahead of US Payrolls

The dollar consolidated following three days of losses as traders awaited US jobs data to gauge the outlook for Federal Reser...

7 February 2025 13:14
BIAS23.com NM23 Ai