The US dollar weakened against major currencies as investors await inflation data, with tempered rate hike expectations and falling Treasury yields driving the downturn.
This is just above its lowest level since June 2
Aug 10, 2026
01:05 pm
What's the storyThe US dollar has fallen against major currencies, as investors await key inflation data.
The euro edged higher, while sterling was steady near a five-week peak, and the yen held firm, remaining well off the roughly 164 multi-decade low hit late last month.
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The falls have sparked questions about whether the world's go-to currency is losing its lustre.
