Dollar Falls to Post-Brexit Low as Economic Data Curb Fed Bets

Updated on
  • Greenback sinks on sluggish retail sales and producer prices
  • Declines to weakest since June 24, day after U.K. vote

How Central Banks Monetary Policies Impact Markets

The dollar dropped to the lowest since June after weaker-than-forecast U.S. economic reports led traders to trim bets that the Federal Reserve will raise interest rates in coming months.

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