US dollar softens as Treasury sell-off eases ahead of Fed minutes

Published Aug 19, 12:04 PM UTC

On August 19, 2026, the US dollar weakened against major currencies as a sell-off in US Treasuries subsided. The US dollar index, which measures the greenback against six major peers, fell 0.29% to 99.36. The currency's decline came as bond markets stabilized ahead of the release of the Federal Reserve's meeting minutes, which investors were watching for clues on future monetary policy. The easing of Treasury selling pressure reduced safe-haven demand for the dollar, contributing to its softer tone against major peers.