The dollar index fell 0.1% to 99.94 after softer-than-expected July PPI reduced expectations for a September Fed rate hike, with markets pricing a 66% chance of rates holding. Treasury yields also declined, weighing on USD. Traders should watch upcoming U.S. labor and inflation data for the next dollar catalyst.
Dollar Slips as Softer U.S. PPI Cuts September Fed Hike Bets
