Dollar Likely to Fall Even if Fed Refrains From Cutting Rates -- Market Talk

Dow Jones05-14

1404 GMT - The dollar is still likely to weaken this year even if the Federal Reserve refrains from cutting interest rates, TD Securities strategists say in a note. With the U.S. and Iran in a stalemate and oil prices remaining high, TD no longer expects the Fed to cut rates in 2026, instead anticipating steady rates. "Nonetheless, we would still maintain a downward forecast path for the dollar in 2026." Even if the Fed pivots to rate rises, it won't raise rates as much as other central banks, they say. Once the Strait of Hormuz reopens, the strategists expect the DXY dollar index to fall sustainably below 98.000, from 98.656 currently. (renae.dyer@wsj.com)

(END) Dow Jones Newswires

May 14, 2026 10:04 ET (14:04 GMT)

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With the U.S. and Iran in a stalemate and oil prices remaining high, TD no longer expects the Fed to cut rates in 2026, instead anticipating steady rates. \"Nonetheless, we would still maintain a downward forecast path for the dollar in 2026.\" Even if the Fed pivots to rate rises, it won't raise rates as much as other central banks, they say. Once the Strait of Hormuz reopens, the strategists expect the DXY dollar index to fall sustainably below 98.000, from 98.656 currently. (renae.dyer@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 14, 2026 10:04 ET (14:04 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dollar Likely to Fall Even if Fed Refrains From Cutting Rates -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDollar Likely to Fall Even if Fed Refrains From Cutting Rates -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-05-14 22:04</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1404 GMT - The dollar is still likely to weaken this year even if the Federal Reserve refrains from cutting interest rates, TD Securities strategists say in a note. With the U.S. and Iran in a stalemate and oil prices remaining high, TD no longer expects the Fed to cut rates in 2026, instead anticipating steady rates. \"Nonetheless, we would still maintain a downward forecast path for the dollar in 2026.\" Even if the Fed pivots to rate rises, it won't raise rates as much as other central banks, they say. Once the Strait of Hormuz reopens, the strategists expect the DXY dollar index to fall sustainably below 98.000, from 98.656 currently. (renae.dyer@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 14, 2026 10:04 ET (14:04 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"VGLT","symbol_name":"美国长期国债ETF-Vanguard","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2635208743","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2635208743","pubTimestamp":1778767440,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1404 GMT - The dollar is still likely to weaken this year even if the Federal Reserve refrains from cutting interest rates, TD Securities strategists say in a note. 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With the U.S. and Iran in a stalemate and oil prices remaining high, TD no longer expects the Fed to cut rates in 2026, instead anticipating steady rates. \"Nonetheless, we would still maintain a downward forecast path for the dollar in 2026.\" Even if the Fed pivots to rate rises, it won't raise rates as much as other central banks, they say. Once the Strait of Hormuz reopens, the strategists expect the DXY dollar index to fall sustainably below 98.000, from 98.656 currently. 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