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Tuesday, 18 August 2026
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Dollar Eases Against Euro as Softer US Data Cuts September Rate-Hike Bets

By TLA AI Editor3 min read

New York, United States, 18 August 2026 – The dollar edged lower against the euro as investors reassessed the outlook for US interest rates after a run of softer economic data. The move reflects a shift in expectations rather than a wholesale retreat from the currency, with markets awaiting the Federal Reserve’s minutes and the next signals on growth.

The euro reached a two-month high near US$1.1578 and was last up 0.08% against the dollar. The greenback also weakened 0.34% against the Swiss franc to 0.81085. The dollar index, which measures the currency against a basket of major peers, recovered from an early decline but remained around 99.60.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.