Dollar softens as bond market steadies ahead of Fed minutes

Dollar softens as bond market steadies ahead of Fed minutes By Niket Nishant and Jiaxing Li Wed, August 19, 2026 at 7:05 AM EDT 2 min read JPY=X EUR=X GBP=X DX-Y.NYB By Niket Nishant and Jiaxing Li Aug 19 (Reuters) - The U.S. dollar slipped against major peers on Wednesday as a selloff in Treasuries eased, with investors counting on minutes from the Federal Reserve's latest policy meeting to ‌offer fresh guidance later in the day. A light data calendar this week has left markets hungry for catalysts, potentially ‌putting greater emphasis on the minutes. More from Yahoo Scout The document is expected to offer a comprehensive read on policymakers' thinking at a time when Fed Chair Kevin Warsh has ​been reticent on the rate outlook and renewed Middle East tensions are adding to the unease. The euro rose 0.31% to $1.1611, remaining close to the two-month high touched earlier this week. Sterling was 0.22% higher at $1.3562 after data showed UK inflation in July rose in line with expectations. The Japanese yen also strengthened 0.35% to 159.04 per dollar, pulling away from the closely watched 160 level after giving back much ‌of its intervention gains. "Japan is struggling with ⁠structural problems. But I think the central banks have a strong incentive to keep the yen orderly," Tom Samuelson, chief investment officer at Vineyard Global Advisors, said. The dollar index, which measures the U.S. currency ⁠against six major peers, was down 0.29% at 99.36. A selloff in U.S. Treasuries a…