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The Business Brief FRIDAY, 14 AUGUST 2026
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Markets

Dollar Slides to May Low as Weak Retail Sales Dim Rate Bets

1 source ·1 article ·2h ago

The dollar fell to the lowest since May after an unexpectedly weak reading of US retail sales pushed traders to further pare back their expectations for an interest-rate hike this year.

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Bloomberg 1

All coverage · 1 article

Bloomberg Markets ·2h ago

Dollar Slides to May Low as Weak Retail Sales Dim Rate Bets

The dollar fell to the lowest since May after an unexpectedly weak reading of US retail sales pushed traders to further pare back their expectations for an interest-rate hike this year.