Dollar Lifted by U.S. Rate-Rise Bets -- Market Talk
Dow Jones2026/08/06 06:520652 GMT - The dollar rises slightly as markets continue to bet on the Federal Reserve raising interest rates this year despite more positive headlines on the Iran war easing oil prices. Fed governor Lisa Cook said Wednesday she's prepared to support a rate rise if necessary as inflation is too high. The market prices a 60% probability of a Fed rate rise in September and fully prices a move by December, LSEG data show. Meanwhile, the WSJ reports that Iran and Oman are finalizing a draft agreement to reopen the Strait of Hormuz. If a deal is announced, the U.S. and Iran would return to the negotiating table. The DXY dollar index rises 0.1% to 99.758.(renae.dyer@wsj.com)
(END) Dow Jones Newswires
August 06, 2026 02:52 ET (06:52 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Spain Says Europe’s Digital Asset Rules May Be Too Restrictive
2-Yr Benchmark Govt Yields - U.S. vs Other Nations
2-Yr Benchmark Govt Yields - Germany vs Other Nations
10-Yr Benchmark Govt Yields - U.S. vs Other Nations
Crypto prices
More
