# US dollar stalls despite upbeat US data, Fed chair talk - Times of News

> The dollar slipped against a basket of currencies as traders took profits on speculation about a more hawkish Fed chair. Two-year Treasury yields retreated from a near nine-year peak, while sterling rose to an eight-day high after stronger UK growth data.

- Date: 2017-10-26 · published 2017-10-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/68662-us-dollar-stalls-despite-upbeat-us-data-fed-chair-talk-times-of-news
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A small pullback in the dollar eases pressure on dollar-priced commodities, but the broader trend remains firm. The move is largely technical and does not change the medium-term outlook for feed markets.

## Read by commodity

- DXY: neutral

## Sources

- singapore.timesofnews.com: https://singapore.timesofnews.com/business-economy/us-dollar-stalls-despite-upbeat-us-data-fed-chair-talk.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.