Cautious market ahead of the release of Fed meeting minutes, US dollar index DXY falls
2026-08-19 14:47:33
According to CoinMeta, investors remained cautious before the release of the Federal Reserve's July meeting minutes, leading to a decline in the US dollar. Recent weak employment market data and moderate inflation figures have caused the market to lower its expectations for the Fed to raise interest rates. Federal Reserve Chairman Kevin Warsh avoided providing forward-looking guidance, while the meeting minutes provided clues as to whether the Fed will tighten monetary policy. The US Dollar Index DXY fell by 0.2% to 99.472 at one point.
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Source:Internet
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