0654 GMT - The dollar eases in the absence of fresh catalysts to propel the currency higher. In a quiet week of U.S. economic data, investors are looking ahead to the Federal Reserve's policy decision on July 29 for any hints on whether the central bank could raise interest rates this year. The Fed is widely expected to leave rates unchanged Wednesday but the market is fully pricing in a rate rise by September as oil prices rally on the recent escalation in the U.S.-Iran conflict. The DXY dollar index falls 0.1% to 101.009, having reached a one-week high of 101.210 Tuesday.(renae.dyer@wsj.com)
(END) Dow Jones Newswires
July 23, 2026 02:54 ET (06:54 GMT)
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