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Monday, 10 August 2026
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US Dollar Hovers Near Two-Month Trough as Weak Labor Data and Upcoming Inflation Prints Reshape Rate Expectations

By Chee Liang CFA3 min read

Hong Kong, 10 August 2026 – The US dollar remained pinned near a two-month low against major peer currencies on Monday morning, as global foreign exchange markets digested weaker-than-expected United States employment metrics while awaiting critical inflation data to clarify the Federal Reserve’s monetary policy path. The greenback’s retreat reflects a sharp recalibration in interest rate expectations following unexpected labor market contractions, pulling Treasury yields lower and boosting major international currencies.

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Author

  • Chee Liang CFA specializes in financial advice and global economic trends, delivering clear insights to help readers navigate markets, investments, and the shifting dynamics of the world economy.