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17 Aug 2026 · 05:54 GMT+3
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United States Dollar Index weakens to near 99.50 as traders push back Fed rate hike bets

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 99.50 in the Asian trading hours on Monday. The DXY loses momentum as data showed US Retail Sales unexpectedly declined in July. 

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